After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact…
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BusinessEditor's Pick
Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot…
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WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of…
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BusinessEditor's Pick
Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a…
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Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the…
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Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as…
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BusinessEditor's Pick
Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks
The next frontier for the ad market isn’t on TV — it’s at screens near points of sale. Television had…
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BusinessEditor's Pick
It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster…
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DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in…
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BusinessEditor's Pick
Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed…