Markets Archives - Page 4 of 15

Dark painting of a smartphone glowing amber on a kitchen table, a chain of coins running from the screen to a worker's wrist

October 18, 2026 Aaron Harme

The Average Payday Loan App Advance Carries a 232% APR, and Heavy Borrowers Pay Most of the Fees

The Center for Responsible Lending’s bank-data study puts the average app advance at $6.49 to borrow $113.31 for nine days. The federal proposal that would have shown that as a yearly rate was withdrawn in December 2025.

Dark painting of an empty data center hall in the English countryside at dusk, rows of server racks inside with a single amber light glowing on wet ground

AI Crypto Markets News Sports Tech

October 18, 2026 Aaron Harme

Sunday Brief: Microsoft Exits Nscale’s Essex Site, MSG Splits the Knicks and Rangers, China Guards Its Solar Know-How

Microsoft is out as the anchor customer at Nscale’s first UK data center, MSG Sports holders get Rangers stock Oct. 26, and Beijing proposed export controls on 12 solar-manufacturing technologies. Plus ADI Predictstreet’s trading and New York’s restaurant count.

Dark painting of an empty arena split down the middle by an amber seam, a basketball court on one side and an ice rink on the other

Markets News Sports

October 18, 2026 Aaron Harme

Knicks and Rangers Split Into Two Stocks, and the Rangers Lose Money Without Playoffs

MSG Sports holders get one MSG Rangers share for every two they own when the split closes Oct. 26. Sportico puts the two teams at $16.95 billion combined against an $11 billion company, and the Dolan family keeps about 63% of the Rangers vote.

Dark painting of an empty small restaurant dining room at night, chairs stacked on a table under one amber pendant lamp

Markets News

October 17, 2026 Aaron Harme

New York Lost a Net 1,928 Restaurants and Bars in a Year, the Worst in at Least 36 Years of BLS Data

Statewide restaurant jobs fell only 0.6%, but federal county data shows Manhattan adding 3,166 of them. In the four other boroughs and the rest of the state, about four jobs went with every net place lost.

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AI Markets News Tech

October 17, 2026 Aaron Harme

Alphabet Will Spend “Significantly More” on AI in 2027 as Jefferies’ Chris Wood Warns of U.S. Capital Destruction

Alphabet’s Ruth Porat says 2027 spending will top this year’s $195 billion to $205 billion. Jefferies’ Chris Wood says cheap Chinese open models could commoditize AI, and the smaller builders funded by more than $200 billion in private loans are the ones that live on the price.

Empty college football stadium at night with a glowing violet playoff bracket on the field

Markets News Sports

October 17, 2026 Aaron Harme

ESPN’s Reported $345 Million Raise for a 24-Team Playoff Nets to $205 Million Once Three Title Games Go Away

ESPN has a handshake deal to air a 24-team College Football Playoff starting in 2027. About 40% of the reported new money is spending ESPN already does on SEC, ACC and Big 12 championship games that a bigger bracket would cancel.

Brass referee's whistle beside a closed leather ledger in dark oil paint with a crimson glow

AI Crypto Markets News Sports Tech

October 17, 2026 Aaron Harme

Saturday Brief: Microsoft’s Copilot Bundle, MSCI’s Strategy Screen and the NBA’s Parlay Ban

Britain’s competition regulator moved to write rules for how Microsoft sells Copilot, MSCI finalized an index screen that could push out Strategy, and the NBA pulled several player bets from its partner sportsbooks. Plus EuroLeague’s 10-year plan and Replit’s CEO on Anthropic.