Credit Card Companies are Racking Up Losses
AdminCredit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs. Credit card losses bottomed in…
The Royalty Fee
Franchisees run about 95% of McDonald’s roughly 13,400 U.S. restaurants. They pay rent, monthly royalty fees and other charges, such as annual fees toward the company’s mobile app, in order…
McDonald Franchises will soon
McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1. It’s the…
Stepping Away from the Boards
Murdoch is stepping away from the boards after a tumultuous year at Fox’s TV network, soon after the company agreed to pay a $787.5 million settlement in the Dominion Voting…
Rupert Murdoch
Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp. , the companies said Thursday. The move will be official in November. Murdoch,…
New Jersey
Property taxes can vary by nearly $8,000 for the same-priced home, depending on where you live in the U.S., a new study reveals. New Jersey’s effective tax rate is 2.23%,…
Death of Young Kurdish
Roughly one year ago, the death of a young Kurdish Iranian woman named Mahsa Amini in police custody lit the fuse that would set off months of protests that rocked…
Government under
The speaker of Poland's upper house of parliament has called on the government to reveal what it knew about an escalating cash for visas scandal. Tomasz Grodzki said the issue…
US special counsel
The prosecutor leading the federal election meddling case against Donald Trump has asked a judge to place him under a gag order, limiting how he is able to publicly comment…
Historic Ukrainian
Major historical sites in two Ukrainian cities are in danger of destruction due to the war with Russia, the UN's heritage body Unseco has said. They include the iconic Saint…