Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains…
Category:
Business
-
-
Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative…
-
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also…
-
BusinessEditor's Pick
Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period…
-
BusinessEditor's Pick
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the…
-
BusinessEditor's Pick
As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year,…
-
BusinessEditor's Pick
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her…
-
BusinessEditor's Pick
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting…
-
BusinessEditor's Pick
Biden administration to require advanced safety tech on all new cars and trucks
The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic…
-
BusinessEditor's Pick
Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on
NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of…