Trump considers replacing Pete Hegseth, his embattled secretary of defense pick, with Ron DeSantis

Presidential candidate and Florida Governor Ron DeSantis speaks to a crowd on June 2, 2023 in Gilbert, South Carolina. Sean Rayford | Getty Images President-elect Donald Trump is considering replacing embattled defense secretary choice Pete Hegseth with Florida Gov. Ron DeSantis, according to two sources familiar with the decision-making.  DeSantis is “very much in contention,” … Read more

Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023.  Tiffany Hagler-Geard | Bloomberg | Getty Images Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale. That fueled mortgage demand last week, as consumers looking to refinance … Read more

Roku will be bought for a large premium in the next year, says Needham analyst Laura Martin

Don’t be surprised if Roku gets scooped up by a competitor in 2025, according to Needham. “The top 6 reasons to acquire Roku (our view) include its installed base, unique data sets, pricing power, shelf space, buy vs build advantages, and the fact that it’s now the only scaled CTV platform that can be purchased,” … Read more

Medicare open enrollment ends Dec. 7. These last-minute tips can help

The Good Brigade | DigitalVision | Getty Images Older Americans have just a few days left to evaluate their Medicare coverage for next year. Medicare’s annual open enrollment period for health plans and prescription drug coverage runs until Dec. 7. Experts say it’s worthwhile for Medicare’s 67.8 million beneficiaries to make sure they have the … Read more

J.P. Morgan Private Bank holiday recommendations for the wealthy

Courtesy: J.P. Morgan Private Bank J.P. Morgan Private Bank is out with its list of recommended holiday books and experiences for wealthy clients, and this year’s offerings include a George Clooney Broadway debut, an expanded art museum in São Paulo, Brazil, a wellness center in Manhattan and books about leadership and artificial intelligence. The “NextList2025,” … Read more

Airline executives set to defend seat fees before Senate panel

Seats in the economy class cabin on board an American Airlines Boeing Co. 777-300ER aircraft. Brent Lewin | Bloomberg | Getty Images U.S. airline executives are set to defend their seating fees before a Senate panel Wednesday after the subcommittee accused the industry of charging “junk” fees to bring in billions in revenue. American, Delta, United, Spirit and Frontier brought in … Read more