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    Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines

    • May 10, 2024
    Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars.  The country’s largest convenience store chain, CU, has been collaborating…
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    Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates

    • May 10, 2024
    Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. That was enough…
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    FTX customers may get their money back, but not gains from crypto price increases

    • May 10, 2024
    Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company’s bankruptcy plan. However, they will not…
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    Applebee’s owner plots turnaround to lure back fast-food customers and home cooks

    • May 10, 2024
    Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. As consumers pull back their restaurant spending, Applebee’s and IHOP are fighting against…
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    Bank of England holds rates, stresses June cut depends on coming data

    • May 10, 2024
    LONDON — The Bank of England on Thursday announced a widely expected hold on interest rates as it said restrictive monetary policy was taming inflation, but warned a June rate…
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    Ascension Health, largest Catholic hospital chain in the U.S., hit by cyberattack, disrupting patient care

    • May 10, 2024
    Ascension Health, the nation’s largest chain of Catholic hospitals, said Thursday it was responding to a cyberattack that was disrupting its operations. In a press release on its website, Ascension…
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    Hyundai and Kia unit settles U.S. charges it repossessed service members’ vehicles

    • May 10, 2024
    Hyundai’s and Kia’s American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday. According to papers…
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    CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze

    • May 10, 2024
    A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the…
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    Disney to limit Marvel movie releases each year as it doubles down on ‘quality’

    • May 9, 2024
    Disney will release no more than three Marvel films and up to two Disney+ shows each year as it works to place more focus on quality output. CEO Bob Iger made…
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    The great wealth transfer has started — but millennials, Gen Z may not inherit as much as they anticipate

    • May 9, 2024
    There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business. Baby boomers are set to pass more…
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      • Former Supreme Court Justice David Souter dead at 85
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