The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the…
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Business
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Business
Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
by adminThe Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up…
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Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace…
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Business
N.Y. Fed President John Williams says inflation is too high but will start coming down soon
by adminNew York Federal Reserve President John Williams on Thursday said inflation is still too high, but…
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Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods —…
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Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt…
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Business
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
by adminU.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation…
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Business
Orange juice prices are going through the roof — forcing some makers to consider alternative fruits
by adminOrange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into…
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A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe…
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Business
Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags
by adminNissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry…