The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go…
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Business
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Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary…
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BusinessEditor's Pick
Philadelphia Fed President Patrick Harker advocates for interest rate cut in September
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way…
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BusinessEditor's Pick
July home sales break a four-month losing streak as supply rises nearly 20% over last year
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of…
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BusinessEditor's Pick
Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million…
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BusinessEditor's Pick
U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision…
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Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a…
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BusinessEditor's Pick
Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy
DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans…
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There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview…
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BusinessEditor's Pick
More than 28% of Americans are searching for new jobs — the highest rate in a decade
A new labor market survey shows Americans have rarely felt more in need of new job opportunities — an indication…