Washington, D.C., Attorney General Brian Schwalb recently filed a lawsuit against the online ticket exchange platform, StubHub, accusing them of engaging in deceptive and unfair pricing strategies. The lawsuit alleges that StubHub deliberately uses misleading advertising of low ticket prices to entice consumers into making purchases, only to hit them with significantly higher prices during
The recent approval of a new law by Russian lawmakers allowing the use of cryptocurrency for international payments has sparked widespread discussions about the implications of this decision. The State Duma, Russia’s lower house of Parliament, gave the initial green light to the legislation, opening the doors for businesses to engage in cross-border trade using
In the midst of political and economic uncertainty, predicting future cryptocurrency prices has become nearly impossible. As the Federal Reserve prepares to announce interest rate decisions and former President Donald Trump introduces new policy proposals, the cryptocurrency market remains volatile. On a recent Tuesday, bitcoin was trading at $65,856, with ether bitcoin at $3,310.97, according
In recent months, there has been a slight improvement in home affordability for buyers in the housing market. According to data from the Mortgage Bankers Association, the median new mortgage payment decreased to $2,167 in June, which represents a 2.4% decline from the previous month of May. This improvement has been attributed to declining mortgage
Spirit Airlines, known for its budget-friendly air travel options, announced a groundbreaking change in its approach to customer service. The Florida-based carrier unveiled plans to offer new packages for its highest-priced tickets, bundling in perks that were previously only available as add-ons. This strategic move is aimed at boosting revenue in the face of various
Warren Buffett’s Berkshire Hathaway has been on a selling streak when it comes to its stake in Bank of America. This streak has now extended to nine consecutive days, indicating that this move is more than just a simple trimming of their long-term holding. Over the course of these nine trading sessions, Berkshire has sold
Procter & Gamble recently reported a set of mixed quarterly results that have left investors and analysts scratching their heads. The company’s volume increased for the first time in over two years, indicating a possible turnaround in the demand for its products. However, this positive development was overshadowed by a decline in net income and
British oil giant BP surprised analysts with its stronger-than-expected net profit for the second quarter. Despite warning of lower refining margins, the company reported an underlying replacement cost profit of $2.8 billion, beating expectations of $2.6 billion. This positive performance led to an increase in dividend and maintained share buyback program, demonstrating confidence in BP’s
In a trend that has been ongoing for several years, the United Arab Emirates (UAE) is solidifying its position as the top destination for wealthy individuals seeking a new home. According to the Henley Private Wealth Migration Report, the UAE is expected to see a record net inflow of 6,700 millionaires by the end of
Recently, the new CEO at Vanguard expressed his intention to leverage artificial intelligence in order to enhance the customer service experience at the asset management giant. Vanguard, known for its low-cost and investor-friendly approach, has faced criticism regarding its customer service in the past, particularly in terms of the difficulty customers encounter in reaching a