Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports team. On Wednesday, Angel City of the National Women’s Soccer League announced the couple had agreed to an investment of an undisclosed amount that values the team at $250 million. The club…
John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the…
Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed…
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for…
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of…
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate…
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence…
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of…
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress…