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  • Business

    Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause

    by admin May 30, 2024
    May 30, 2024

    WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,…

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  • Business

    American Eagle profit soars, but sales grow slower than expected

    by admin May 30, 2024
    May 30, 2024

    American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its…

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  • Business

    Weekly mortgage demand drops to three-month low as rates begin climbing again

    by admin May 30, 2024
    May 30, 2024

    After a brief pullback during much of May, mortgage rates began rising again last week. That…

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  • Business

    Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue

    by admin May 30, 2024
    May 30, 2024

    Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the…

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  • Business

    McDonald’s might never expand CosMc’s. But the spinoff could still pay dividends.

    by admin May 30, 2024
    May 30, 2024

    Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but…

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  • Business

    Why everyone is suddenly talking about Nvidia, the nearly $3 trillion-dollar company fueling the AI revolution

    by admin May 30, 2024
    May 30, 2024

    The business world is increasingly banking on artificial intelligence to be the next big thing, and…

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  • Business

    T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

    by admin May 30, 2024
    May 30, 2024

    Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including…

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  • Business

    Global debt has grown to $315 trillion this year — here’s how we got here

    by admin May 30, 2024
    May 30, 2024

    The world is mired in $315 trillion of debt, according to a report from the Institute of International…

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  • Business

    Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’

    by admin May 30, 2024
    May 30, 2024

    Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract…

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  • Business

    FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison

    by admin May 30, 2024
    May 30, 2024

    Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90…

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