Money

Powerball jackpot hits $441M ahead of drawing

The largest lottery ever won was the $1.586 billion Powerball on Jan. 13, 2016, with three tickets, from California, Florida and Tennessee, according to the Associated Press.

Inflation sticking around in 2022

In a recent analyst note to clients, Goldman Sachs economists warned that pandemic-induced disruptions in the global supply chain – which have caused congestion in ports and warehouses nationwide – could last longer than expected as surging demand struggles to keep up, meaning that inflation metrics will remain "quite high for much of next year."

Home prices jump 18.4% in October

U.S. home prices have reported their fifth-largest annual gain on record after S&P CoreLogic Case-Shiller's 20-city composite index surged 18.4% year-over-year in October.

Former Toys 'R' Us CEO: 'The supply chain is not fixed'

Storch Advisors CEO and Former Toys 'R' Us CEO Gerald Storch reacts to new data showing holiday sales increased despite supply chain issues as well as omicron worries and also weighs in on smash-and-grabs plaguing cities across the country. 

Avenatti likely to testify at trial over Stormy Daniels deal

There is a strong likelihood that Michael Avenatti will testify at a New York trial where the once high-flying California lawyer is accused of swindling porn star Stormy Daniels out of a book deal’s proceeds, his lawyers say.