These are the 10 most expensive metro areas in the U.S. for renters—4 of them are in California
Economy

These are the 10 most expensive metro areas in the U.S. for renters—4 of them are in California

Top 10 most expensive metro areas for rentersNew York City, N.Y., Newark, Jersey City, N.J.Miami, Fort Lauderdale, Pompano Beach, Fla.Oxnard, Thousand Oaks, Ventura, Calif.San Diego, Chula Vista, Carlsbad, Calif.Urban Honolulu, HawaiiLos Angeles, Long Beach, Anaheim, Calif.Napa, Calif.Naples, Marco Island, Fla.Washington D.C., Arlington, Alexandria, Virg.Bridgeport, Stamford, Norwalk, Conn.The New York City tri-state area ranked as the… […]

This investment manager is looking to bridge the racial wealth gap
Economy

This investment manager is looking to bridge the racial wealth gap

Jim Casselberry, KnownSource: KnownBlack people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive.Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous population.”We have to… […]

Bank of America to report first-quarter earnings
Economy

Bank of America to report first-quarter earnings

Bank of America on Tuesday posted first-quarter results that topped analysts’ expectations for profit and revenue on stronger-than-expected net interest income and trading revenue. Here’s what the company reported: Earnings:90 cents a share vs. 82 cents per share LSEG estimate Revenue: $27.51 billion vs. $26.99 billion expected The bank said profit climbed 11% to $7.4 […]

American Airlines to make Wi-Fi free on most of its fleet in 2026
Economy

American Airlines to make Wi-Fi free on most of its fleet in 2026

An American Airlines plane on the runway at Miami International Airport in Miami, Florida, on Oct. 25, 2024. Joe Raedle | Getty Images American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will […]

LVMH plunge puts spot as world’s top luxury stock at risk after sales miss
Economy

LVMH plunge puts spot as world’s top luxury stock at risk after sales miss

Louis Vuitton store window display in Mitsukoshi department store in Tokyo, Japan, on Friday, April 4, 2025. Bloomberg | Getty Images Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world’s largest luxury firm to rival Hermes after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year fall infirst-quarter salesin […]

Singapore announces general election on May 3, dissolves parliament
Economy

Singapore announces general election on May 3, dissolves parliament

Singapore, city skyline and The Merlion, dusk Walter Bibikow | Stone | Getty Images Singapore will head to the polls on May 3, after President Tharman Shanmugaratnam dissolved the city-state’s parliament on Tuesday. The Nomination Day will be on April 23, according to the country’s election department. Prospective candidates will file their election papers on […]