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    Dow slips for first losing day in nine as consumers’ expectations for inflation rise

    by admin May 15, 2024
    May 15, 2024

    The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising…

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  • Business

    Amazon Web Services CEO Adam Selipsky to step down

    by admin May 15, 2024
    May 15, 2024

    Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the…

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  • Business

    Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

    by admin May 15, 2024
    May 15, 2024

    Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle —…

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  • Business

    Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

    by admin May 15, 2024
    May 15, 2024

    When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule —…

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  • Business

    Silver lining for consumers: Food price growth has gone flat and other prices are falling

    by admin May 15, 2024
    May 15, 2024

    Price growth in many key consumer categories has slowed considerably or ceased altogether — but that…

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  • Business

    Red Lobster closing at least 99 locations as its future comes into question

    by admin May 15, 2024
    May 15, 2024

    At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart…

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  • Business

    Federal student loans this fall will have the highest interest rate in more than a decade

    by admin May 15, 2024
    May 15, 2024

    The interest rate on many new federal student loans is set to rise to its highest…

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  • Business

    Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady

    by admin May 15, 2024
    May 15, 2024

    Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and…

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  • Business

    Amazon’s Zoox under investigation by NHTSA after two robotaxi crashes

    by admin May 14, 2024
    May 14, 2024

    U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous…

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  • Business

    U.S. autoworkers union seeks tough victory at Mercedes plant in Alabama

    by admin May 14, 2024
    May 14, 2024

    Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto…

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