It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter,…
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Business
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Business
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
by adminSince retiring two years ago, Joan Harris has upped her travel game. Once or twice a…
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Business
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
by adminAmazon says it is getting even more packages to customers in one day or sooner, a metric…
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Business
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
by adminParamount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media…
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Business
As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
by adminPeople looking to buy or sell a home this spring are paying close attention to mortgage…
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McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern…
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Business
Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
by adminWalmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has…
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Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that…
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Paramount Global and Skydance Media are making progress on a deal that would merge the media companies…
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Business
Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.
by adminIntel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed…