Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The Massachusetts senator's alarm-sounding about consumer debt neglect to measure it against the growth in the economy and the ability to pay.Economyread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The deal between the White House and Democrats would raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
At Rockets of Awesome, Scott Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, wife to Warby Parker...Retailread more
Shares of Beyond Meat jumped 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Retailers are finding ways to create affordable clothing for children with disabilities. Kohl's Target, Tommy Hilfiger and Zappos have all launched lines in recent years.Retailread more
"Even a 50-basis point reduction would still keep the Fed funds rate well above zero," Shelton told The Washington Post in an email.The Fedread more
As online dating becomes more widely accepted, Match Group continues to expand globally, said Match Group CEO Mandy Ginsberg.
"What's happening here [in the U.S.], now, is transcending across the globe, where there's a lot higher stigma," Ginsberg told CNBC. "And as that erodes we think we're going to grow that [global audience] fast as well."
In the Olympic Village in Pyeongchang, South Korea, swipes on Tinder, the popular dating app owned by Match Group, rose 600 percent in the last week, Ginsberg said. The app had a similar traffic rush four years earlier, during the Olympics in Sochi, Russia.
"It's a global phenomenon, and it keeps growing," Ginsberg said on "Squawk on the Street. " Ten years ago only 3 percent of relationships began online, she said. Today it's closer to 30 percent. Stocks of Match Group have risen 30 percent so far this year.
The company also said Wednesday that Tinder is launching a new feature that allows female users the option of initiating all conversations. The setting is similar to a feature of dating-app rival Bumble. There is no target date for when this feature will be installed.
Today, Match Group has 38 brands — including Match.com, PlentyOfFish, OkCupid, the Japanese brand Pairs, and OurTime, for people over 50 — in 190 countries. Tens of millions of people use the products in 40 languages, said Ginsberg, who took over as CEO of Match Group in January.
"One size does not fit all in this category," Ginsberg said. "The portfolio approach globally really does make sense."
Tinder, though, is by far the most profitable, Ginsberg said. Last September, the company introduced Tinder Gold, which allows users — for $14.99 a month — to see their "likers" before they match.
"Gold is very simple," Ginsberg said. "You get to see who's liked you, which is probably the most human, driven, curious thing: I want to know who's interested in me. It's been a real win for the business."
And the app is not just for casual daters. Ginsberg said many relationships and even marriages began on Tinder.
"Open up the New York Times marriage section and you'll see Tinder weddings, " she said. "People use our products for a variety of reasons."
Ginsberg, who is married with two children, celebrates her 12-year anniversary with the company on Valentine's Day.
In 2015, InterActiveCorp (IAC) spun off a portion of Match Group in an initial public offering. IAC remains the largest shareholder of Match Group.