Fed Governor Lisa Cook claimed 2nd residence as 'vacation home,' undercutting fraud claims
Fortune· 2025-09-13 22:06
Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a “vacation home” in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud.President Donald Trump has sought to fire Cook “for cause,” relying on allegations that Cook claimed both the condo and another property as her primary residence simultaneously, as he looks to reshape the central bank to orchestrate a steep cut to interest rates. Documents ...
UK Sainsbury's in talks to sell Argos to China's JD.com
Reuters· 2025-09-13 22:04
British supermarket group Sainsbury's is in talks regarding a potential sale of its Argos general merchandise business to Chinese e-commerce giant JD.com , it said on Saturday. ...
Ralph Macchio And Jackie Chan’s ‘Karate Kid: Legends’ Gets Netflix Date
Forbes· 2025-09-13 22:02
"Karate Kid: Legends" poster image featuring Jackie Chan, Ben Wang and Ralph Macchio.Sony Pictures EntertainmentKarate Kid: Legends, starring Ralph Macchio, Jackie Chan, Ben Wang and Ming-Na Wen, is coming soon to streaming on Netflix.Directed by Jonathan Entwistle, Karate Kid: Legends opened in theaters on May 30 and debuted on digital streaming via premium video on demand on July 8.ForbesWhen Is Stephen King’s ‘The Long Walk’ Coming To Streaming?The official summary for Karate Kid: Legends reads, “When ku ...
Kessler Topaz Meltzer & Check, LLP Reminds CHTR Investors of October 14, 2025 Deadline in Securities Fraud Class Action and Urges Investors with Losses to Contact the Firm
Globenewswire· 2025-09-13 22:01
RADNOR, Pa., Sept. 13, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Charter Communications, Inc. (“Charter”) (NASDAQ: CHTR) on behalf of those who purchased or otherwise acquired Charter securities, including purchasers of call options, or sellers of put options, between July 26, 2024, and July 24, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is October 14, 2025. ...
Pay raises will be stagnant in 2026 as companies 'reorient' to economic uncertainty
Yahoo Finance· 2025-09-13 22:00
If you’re setting your sights on a big pay raise next year, you may want to temper your expectations. Most employers plan to notch up salaries by an average of 3.4% in 2026 — on par with this year’s reported increases, according to a new survey from The Conference Board. “Today’s labor market is one of reorientation, not retreat,” Mitchell Barnes, an economist at The Conference Board, told Yahoo Finance. “Employers anticipate steady compensation growth in 2026, but the underlying mix suggests some compan ...
Business Is Booming for Many Tech Giants. They're Laying Workers Off Anyway.
Yahoo Finance· 2025-09-13 22:00
Getty Images Several big tech firms have lately announced layoffs even while reporting AI-driven growth. Key Takeaways Booming AI demand this week sent Oracle's stock to a record high not long after reports that the computing giant laid off hundreds of workers. Several other tech giants like Microsoft and Amazon have recently cut jobs to lower costs while spending billions on AI expansion. Amazon CEO Andy Jassy has told employees that Amazon expects to operate with a smaller headcount in the coming y ...
5 BDCs That Deliver Double-Digit Yields (Up To 12.6%)
Forbes· 2025-09-13 22:00
Adult Businessman in FactorygettyWall Street suits tend to avoid business development companies (BDCs). That’s a mistake. For us income seekers, these “Main Street bankers” can be the best dividend machines in the market.Forget the “penny yields” most stocks pay. BDCs can dish divvies between 10.6% and 12.6%. Unlike vanilla blue chips, BDCs are mandated by Congress to flip us at least 90% of their taxable income.In other words, the dividends are a “built in” feature.Of course we don’t just close our eyes an ...
Marijuana Stocks in Focus: Key Names to Watch Now
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-09-13 22:00
Best Cannabis Stocks to Watch for Near-Term GrowthThe U.S. cannabis industry remains a high-growth sector attracting steady investor attention. In 2024, legal sales exceeded $33 billion, and analysts forecast revenues of $50 billion by 2030. Expansion into new adult-use markets, combined with growth in the medical program, continues to create new opportunities. Recently, news about federal rescheduling and possible banking reform has increased optimism. Several states also advanced legalization measures, fu ...
INVESTOR ALERT: Pomerantz Law Firm Investigates ClaimsOn Behalf of Investors of Redwire Corporation - RDW
Prnewswire· 2025-09-13 22:00
NEW YORK, Sept. 13, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Redwire Corporation ("Redwire" or the "Company") (NYSE: RDW). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Redwire and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On May 12, 2025, R ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PACS Group, Inc. - PACS
Prnewswire· 2025-09-13 22:00
Accessibility StatementSkip Navigation NEW YORK, Sept. 13, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PACS Group, Inc. ("PACS" or the "Company") (NYSE: PACS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether PACS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the c ...