ESPN Bet plans launch in New York, the largest U.S. betting market
ESPN Bet is coming to the Big Apple. Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market access, it said Tuesday. It’s the same amount Wynn paid New York state to operate there. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting […]
ESPN Bet plans launch in New York, the largest U.S. betting market
ESPN Bet is coming to the Big Apple. Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market access, it said Tuesday. It’s the same amount Wynn paid New York state to operate there. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting […]
Pay TV distributors are confused, concerned about sports joint venture
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out […]
7% mortgage rates are back. But fear not, rates will fall in 2024, economists say.
Haunted by high prices and low inventory, the U.S. housing market can sometimes feel like a horror movie to prospective home buyers. Now there are fears that one villain is back from the dead: the 7% mortgage rate. After mortgage rates surged in March 2022, when the Federal Reserve embarked on a series of interest […]
Intuitive Machines first moon mission begins after SpaceX launch
A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Texas-based Intuitive Machines’ inaugural moon mission began early Thursday morning, heading toward what could […]
Smart tax tips for freelancers, small businesses and gig workers
Tax season has rolled around again, adding to the work and worry loads of America’s small-business owners, more than half of whom are aged 50 or above, according to data from the U.S. Census and Guidant Financial surveys. For small-business owners—and freelance workers — who turned a profit, finding appropriate deductions for 2023 while also looking for ideas that […]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New […]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New […]
Nike to lay off 2% of employees, cutting more than 1,500 jobs
A man wearing a protective face mask walks past a Nike brand store in Kyiv, Ukraine, on Dec. 10, 2020. Valentyn Ogirenko | Reuters Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as part of a broader restructuring, the company said late Thursday. The Beaverton, Oregon-based sneaker giant said it […]
Opinion: Hey, Donald Trump, where’s your plan to save Social Security?
If the polls and the gamblers and the bookmakers are right, Donald Trump is going to be the Republican nominee for president. And if the polls and gamblers and the bookmakers are right, he is also now the favorite to become the next president. Since whoever is sworn in next January is going to have to […]
