IKEA announces $2.2B US investment, 17 new stores

Ikea executives said the locations of the new U.S. stores are still being determined but hinted at a particular region where the company is seeing demand.

Mortgage rates rise, add to affordability issues

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.

BuzzFeed to close news division, cut 15% of all staff

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15% of its staff across the company, adding to layoffs made earlier this year.

Twitter starts removing blue check marks from users who don’t pay

Twitter will require users to pay a monthly fee to keep the blue check mark. The social media giant had about 300,000 verified users under the original blue check system — many of them journalists, athletes, and public figures.

Home price growth continues to slow down: Fannie Mae

Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.

solidcore sold, founder plans to share millions with employees

D.C.-based fitness chain [solidcore] announced Tuesday that its founder, Anne Mahlum, is selling the company to a private equity firm.

Sacked from job in 2019, Florida man creates 'Jeff's Bagel Run' chain

In 2019, Jeff Perera would never have imagined that he would be preparing fresh hot bagels for hungry customers. But then again, he didn’t expect to lose his job late that year either. Flash-forward nearly four years later and Jeff's Bagel Run has multiple locations in Central Florida.

America's retirement preparedness score drops: Fidelity

The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.

What to know about Thursday's test flight of SpaceX’s big Starship

After calling off the first launch attempt of its giant Starship rocket earlier this week, SpaceX said it will make a second attempt on Thursday. Elon Musk's company is targeting a new 62-minute launch window that opens at 9:28 a.m. ET and closes at 10:30 a.m. ET.

Construction stopped on massive '500 Atlantic' condo project in Daytona Beach

Daytona Beach city officials have pulled the construction permit for the property at 500 Atlantic Avenue after months without progress in construction.

Netflix sees subscriber growth in first-quarter report

The 1.75 million gain in Netflix subscribers reported Tuesday for the January-March period was nearly 550,000 more than the average estimate among among analysts surveyed by FactSet.