Fox, Disney and Warner Bros. Discovery are creating a joint sports streaming platform. The media conglomerates will collaborate to establish a joint venture aimed at launching a new sports streaming service, drawing from their extensive collection of professional and collegiate sports rights. These rights encompass a wide array of sports

Delinquency rates on credit cards and auto loans spiked to their highest since the Great Recession. Delinquency rates for credit cards and auto loans surged to their highest levels since the Great Recession, as revealed in a report released by the New York Fed on Tuesday. Why it's

Nearly 60% of parents said they were providing financial support to their adult kids ages 18 to 34, per PEW. Amid widespread economic challenges, this data sheds light on the considerable difficulties Americans face in establishing themselves in adulthood. The report underscores this struggle by referencing a prior Pew survey

Buffalo, New York is projected to be the hottest housing market of 2024, per Zillow. Zillow emphasized affordability as the primary factor influencing real estate, propelling lower-cost markets in the Great Lakes, Midwest, and South regions to the forefront of its 2024 rankings. Anushna Prakash, data scientist for Zillow Economic

The same basket of groceries that cost $100 in December 2019 costs nearly $126 now. Meanwhile, a pound of ground beef now costs $5.23 on average, up from $3.89 in January 2020, and prices for fresh fruits and vegetables are nearly 14% higher, per Bloomberg. For several years,

44% of Americans can't pay an unexpected $1,000 expense from savings, per CNBC. 22% of U.S. adults have no emergency savings at all, per Bankrate. A striking new survey conducted by Bankrate, involving 1,030 participants, reveals that over half of American adults (56%) lack sufficient

OpenAI's CEO Sam Altman has said an energy breakthrough is necessary for future artificial intelligence, which will consume vastly more power than people have expected, per Reuters. The necessity for increased power in the field of artificial intelligence (AI) arises from the substantial energy consumption of semiconductors handling

Cooperman's blunt assessment of the U.S. economy comes after a thorough examination of the nation's "massive debt," which he deems "out of control." He attributes the current state of the system to both Republicans and Democrats, emphasizing a crisis in the

Mortgage rates jump back over 7%. After the January employment report surpassed expectations, mortgage rates experienced the most significant surge in over a year. The upward momentum continued following a monthly manufacturing report that also showed higher-than-expected figures. The roller-coaster journey of mortgage rates, which briefly touched a 20-year high

On Sunday, Senators unveiled a significant $118 billion legislative package that combines policies on border enforcement with support for Ukraine, Israel, and other allies of the U.S. amidst wartime, initiating an ambitious attempt to navigate the bill through the considerable doubts of Republicans, including House Speaker Mike Johnson. This

The Washington Post has said: Inflation has fallen. Why are groceries still so expensive? Meanwhile, a pound of ground beef now costs $5.23 on average, up from $3.89 in January 2020, and prices for fresh fruits and vegetables are nearly 14% higher, per Bloomberg. For several years, Americans

Gen Z, millennials are becoming homeowners with $30K tiny homes on Amazon, $AMZN, per NYP. Instead of pinching pennies with dreams of one day owning a traditional spacious home, financially savvy young adults are opting for tiny pre-fabricated dwellings from an online retail giant. Lifestyle content creator Jeffrey Bryant, 23,

Trump believes it's likely he'll be convicted, and is bracing for the possibility he'll be the first convicted felon to represent a major party Insiders inform Axios that Trump is under the belief that a conviction is probable if the Jan. 6 case goes

Speaker Mike Johnson has changed his decision and said that the US House will now vote on an standalone $17.6 billion Israel aid package without any Ukraine aid. “While the Senate appears poised to finally release text of their supplemental package after months of behind closed doors negotiations, their

Nikki Haley has said 65 Is 'way too low' for retirement age, per Bloomberg. Republican presidential candidate Nikki Haley endorsed an increase in the retirement age linked to life expectancy as a strategy to address the escalating US government debt. This statement followed her notable performance in the

22% of U.S. adults have no emergency savings at all, per Bankrate. A striking new survey conducted by Bankrate, involving 1,030 participants, reveals that over half of American adults (56%) lack sufficient savings to cover an unexpected $1,000 expense. Among these individuals, 21% indicated they would resort

$1 million dollars will no longer last enough for retirement of 20 years in over half of the states, per CNBC. GoBankingRates conducted an assessment to gauge the longevity of $1 million in covering retirement expenses across all states and determined that it would fall short of sustaining 25 years

Gen Z are over having their work ethic questioned, per FORTUNE: ‘Most boomers don’t know what it’s like to work 40+ hours a week and still not be able to afford a house’, per FORTUNE. The reason Gen Z and millennials are expressing frustration, according to Scott, isn&

Ken Griffin said he has stopped financially supporting the university, accusing elite institutions of creating “whiny snowflakes” instead of focusing on education, per the Hill. Griffin, the founder of Citadel with a net worth exceeding $30 billion, has contributed around $500 million to Harvard over his lifetime. While speaking at

The average millennial has also seen their net worth double in the last five years, from about $54,000 to $115,000, per Fed in BI. Millennials have been hit hard financially, with more debt and a lower net worth than their parents had at the same life stage, per

Meta exceeded expectations in its fourth-quarter earnings report, revealing a surge in its stock price by 14% in after-hours trading. The key financial figures include earnings per share of $5.33, surpassing the expected $4.96, and revenue totaling $40.1 billion, beating the anticipated $39.18 billion. Key user

The average US homebuyer has gained $40,000 in buying power in the last 3 months as mortgage rates cool, per BI. Homebuyers with a monthly mortgage budget of $3,000 now have the capacity to afford a $453,000 home, as per a recent analysis by Redfin. This increase