After shelling out a record-breaking sum of approximately $10 billion, Mark Walter is soon to be the new owner of the Lakers.

Morgan Stanley’s evolving business mix, steady asset growth, and strong capital position drive earnings, offering potential for bigger returns. See more on MS here.

Opportunity cost and investing If you buy $1,000 worth of stock in a company, the basic cost is pretty obvious -- $1,000. However, you might also want to consider the possibility that your funds ...

Sunk Cost Dilemma The best way to illustrate this concept is with an example that has played out many times over the past several years. You're a homebuilder during the bubble and you've started ...

A sunk cost fallacy then occurs if you lean into the sunk cost by putting more resources toward it, even though that doesn't recoup what's already lost. So if you keep watching that TV show and ...

In economics, a sunk cost is an expense that has already been spent, and there's no way to recoup the costs. For example, if you start watching a TV show and don't like it, you can't get that time ...

The Seahawks got off to a hot start, winning three straight games to open the season, but have crumbled, losing four of their past five games to fall to 4-4 and concede the NFC West lead.

Under Formula 1's cost cap regulations, the salaries of all operational staff are included in the budget, with the exception of the top three earners, whose identities remain undisclosed.

The term sunk cost fallacy was coined in 1980 by Richard Thaler, who received a Nobel Prize in 2017 for his pioneering work in behavioral economics. It describes how cognitive biases can lead ...