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Consumer

The Private-Equity Takeover Bell Is Tolling for Peloton

Photo via Peloton

At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.

1 min read
Banking

UBS Has Left its Credit Suisse Burden Behind

Photo by Ank Kumar via CC BY-SA 4.0

Integration costs related to Credit Suisse were just over $1 billion, well below the $3.75 billion in the two previous quarters combined.

1 min read
Media & Entertainment

Disney’s Streaming Unit is Finally (Sort of) Profitable

Photo by Anthony Quintano via CC BY 2.0

The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.

2 min read
Inflation & Prices

Renters Are Losing Hope They’ll Ever Own a House

Photo by Aubrey Odom via Unsplash

A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.

2 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

1 min read
UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

2 min read
Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

2 min read

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