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Hispanic homeownership rates projected to keep growing in the U.S.

Hispanic homeownership rates projected to keep growing in the U.S.

by D Escamillafuentes | Dec 8, 2024

A recent graduate from Hunter College with a master’s degree in Music Education, 28-year-old Luis Zamora has set his sights on the next step in the American dream: buying a house.  Zamora was born and raised in New York City to blue-collar immigrants. He grew up in...
Peloton tries to pedal its way back to the top and appoints new CEO

Peloton tries to pedal its way back to the top and appoints new CEO

by D Escamillafuentes | Nov 15, 2024

Peloton Interactive Inc. is betting that a new chief executive officer, the co-founder of Apple fitness will be able to attract new consumers and retain old ones through software innovation and return the company to its pandemic-era profitability.   After almost five...
Peloton raises their profit guidance for the fiscal year 2025 and appoints new CEO

Peloton raises their profit guidance for the fiscal year 2025 and appoints new CEO

by D Escamillafuentes | Nov 9, 2024

Peloton shares jumped on Thursday after the company raised its profit guidance for the 2025 fiscal year and named a new chief executive officer, a step in the right direction for its turnaround. The New York City-based company’s revenue was $586 million in the first...
Peloton increases equipment prices amid declining sales

Peloton increases equipment prices amid declining sales

by D Escamillafuentes | Oct 4, 2024

Peloton is hiking prices on some retail products, mostly in markets outside of the US, the company said in a September 12 statement.  In the U.S., the Peloton Row had a 10% price increase, jumping from $2,995 (according to Amazon) to its current price of $3,295. The...
A surge in energy shares reminds investors they aren’t losing power any time soon

A surge in energy shares reminds investors they aren’t losing power any time soon

by D Escamillafuentes | Sep 23, 2024

The often static energy sector has investors crackling with anticipation over spikes in energy consumption over artificial intelligence frenzy and the prospect of new investment opportunities as renewable energies gain leverage. At the beginning of 2024, Duke Energy,...

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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at a newsroom in Times Square at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.

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