The Latest

'Shark Tank' star reveals when housing prices ‘will go through the roof’

As of March 27, the interest rate on a 30-year fixed-rate mortgage sat at 7% while the 15-year fixed-rate mortgage was 6.125%, both unchanged from the previous day.

Councilman Francisco Moya backs Steve Cohen's $8 billion casino plan

Councilman Francisco Moya endorsed Mets owner Steve Cohen's plan to build an $8 billion casino complex next to Citi Field — but state Sen. Jessica Ramos, who can make or...

Inside story of how A-Rod's Timberwolves bid fell apart

Marc Lore, who several years ago said that owning the Timberwolves was a dream come true, largely walked away from his option to buy control of the team leaving it...

California bars will offer drug testing devices in fight against 'roofies

New California measure AB1310 will require establishments, with a Type 48 liquor license, to offer drug testing for its customers.

Inside the chaos at Glosslab: unlicensed nail techs, $300 Uber trips and an 'absentee' CEO

"She had no interest in the day-to-day operations of this business," one former employee said of Glass, asking not to be identified. "Rachel was fully absentee. Her interest was in...

Sam Bankman-Fried was sentenced to 25 years in prison -- but how much will he actually serve?

Disgraced crypto mogul Sam Bankman-Fried was sentenced to 25 years in prison Thursday, but the convicted fraudster could be out in half that time.

Trader Joe's beats lawsuit over 'heavy metals' in dark chocolate

Several chocolate sellers were sued by consumers after a Consumer Reports study in December 2022 found potentially harmful levels of lead, cadmium or both in dark chocolate bars, for people who ate...

Bud Light may lose 18% of grocery store shelf space after Dylan Mulvaney boycott

Bud Light will be squeezed out as store managers rearrange the beverages section to give more precious real estate to better-selling beers, according to a report.

Tesla faces new rival in China as smartphone maker Xiaomi unveils first electric car

The launch fulfills the ambition of Xiaomi's founder, who announced the company's foray into EVs in 2021 and pledged to invest $10 billion in its auto business as "the last major...

Nickelodeon hired or worked with 5 accused child molesters and pedophiles: report

The network employed or worked with five child molesters as well as two other accused pedophiles, legal records obtained by DailyMail.com found.

Boeing has 'serious work ahead' after Alaska Airlines mess: top exec

"We will put safety and quality above all else in order to meet and exceed the expectations of our regulators, customers, flying public and each other," Pope said.

Economy expanded faster than expected on boost from shoppers, strong job market

Gross domestic product increased at a 3.4% annualized rate last quarter, revised up from the previously reported 3.2% pace.

Josh Kushner and supermodel wife Karlie Kloss buy Life magazine, plan to revive print edition

Kloss' media startup, Bedford Media, is acquiring the publication rights to Life, according to The New York Times.

Mark Zuckerberg told Meta executives to 'figure out' how to crack encrypted Snapchat data: court docs

At the time, Facebook was facing fierce competition from a rising Snapchat, which has yet to go public and was experiencing rapid user growth.

Amazon reportedly to spend $150B to build data centers needed for AI boom, 'get closer to customers'

Amazon is reportedly planning to spend a whopping $150 billion within the next 15 years on building data centers -- a move that will position the tech giant to be...

'Nepo' housing market has over a third of Gen Z, millennials parents helping with downpayment: survey

More than one-third of Gen Z and millennial homebuyers need financial help from their parents for a downpayment to land their first pad amid skyrocketing housing prices and steep mortgage...

Birkin bags can double in value in 5 years — some styles up to $450K — and are a better investment than gold: luxury expert

Hermès' highly coveted Birkin handbag becomes even more coveted after it leaves the store -- doubling in value in as little as five years, according to a luxury expert. James...

Home Depot to buy building supply distributor SRS in $18B deal -- its biggest acquisition ever

Home Depot announced that it's acquiring SRS Distribution -- which sells supplies to builders, roofers, landscapers and pool contractors -- in a mammoth $18.25 billion deal that includes assumed debt....

Remorseless SBF sentenced to 25 years in prison, ordered to pay $11B — as judge rips him as power-obsessed scammer

A Manhattan judge ripped Sam Bankman-Fried as a "remorseless" scammer obsessed with political power as he sentenced the fallen crypto mogul to 25 years in prison Thursday -- five months...

I used to flip burgers at McDonald's — here's how I 'accidentally' became a millionaire

Joe Davies says aspiring entrepreneurs need these three key traits — personal drive, curiosity, and a burning desire to make money.