Rob Sabo
Author
Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.
LATEST
Major Investor to Vote Against $1 Trillion Elon Musk Pay Package
Norges Bank Investment Management, the investment arm of Norway’s central bank, is Tesla’s sixth-largest institutional shareholder.
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Yum Brands Eyes Potential Sale of Pizza Hut
Same-store sales at Pizza Hut declined 1 percent in the third quarter, marking the eighth consecutive quarter of declines.
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Ford, Hyundai, and Kia EV Sales Plummet After Federal Tax Credit Expires
The three automakers each reported more than a 60 percent decline in electric vehicle sales.
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US Consumer Credit Profiles Diverge as Both Low- and High-Risk Borrowers Rise
The average credit card debt was $6,523 in the third quarter—the highest in the past three years, TransUnion reported.
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US Abandoned Foreclosures Decline as Housing Demand Holds Up: Report
Nationwide, 1.32 percent of homes sat vacant, a 0.01 percent decrease from vacancy rates in the previous quarter.
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More US Parents Leave Work as Child Care Costs Outpace Inflation, BofA Reports
Child care costs rose by 5.2 percent year over year in September.
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Fiserv’s Stock Plummets 44 Percent on Earnings Miss and Revised Annual Forecast
Fiserv is a fintech and payments company offering mobile billing and payment processing solutions to merchants and financial institutions.
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OpenAI Forms For-Profit Arm After Microsoft Partnership Shift
The restructuring deal frees both companies to independently pursue the development of artificial general intelligence.
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Qualcomm Enters AI Data Center Market With 2 Chips, Takes on Nvidia
Qualcomm will begin selling its AI200 chips next year, with AI 250 chips hitting the market in 2027.
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NFL, Lululemon Announce Partnership to Produce Team-Branded Apparel
Following the announcement, shares of Lululemon rose nearly 3 percent in early trading.
|
Major Investor to Vote Against $1 Trillion Elon Musk Pay Package
Norges Bank Investment Management, the investment arm of Norway’s central bank, is Tesla’s sixth-largest institutional shareholder.
|
Yum Brands Eyes Potential Sale of Pizza Hut
Same-store sales at Pizza Hut declined 1 percent in the third quarter, marking the eighth consecutive quarter of declines.
|
Ford, Hyundai, and Kia EV Sales Plummet After Federal Tax Credit Expires
The three automakers each reported more than a 60 percent decline in electric vehicle sales.
|
US Consumer Credit Profiles Diverge as Both Low- and High-Risk Borrowers Rise
The average credit card debt was $6,523 in the third quarter—the highest in the past three years, TransUnion reported.
|
US Abandoned Foreclosures Decline as Housing Demand Holds Up: Report
Nationwide, 1.32 percent of homes sat vacant, a 0.01 percent decrease from vacancy rates in the previous quarter.
|
More US Parents Leave Work as Child Care Costs Outpace Inflation, BofA Reports
Child care costs rose by 5.2 percent year over year in September.
|
Fiserv’s Stock Plummets 44 Percent on Earnings Miss and Revised Annual Forecast
Fiserv is a fintech and payments company offering mobile billing and payment processing solutions to merchants and financial institutions.
|
OpenAI Forms For-Profit Arm After Microsoft Partnership Shift
The restructuring deal frees both companies to independently pursue the development of artificial general intelligence.
|
Qualcomm Enters AI Data Center Market With 2 Chips, Takes on Nvidia
Qualcomm will begin selling its AI200 chips next year, with AI 250 chips hitting the market in 2027.
|
NFL, Lululemon Announce Partnership to Produce Team-Branded Apparel
Following the announcement, shares of Lululemon rose nearly 3 percent in early trading.
|