Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past…
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Business
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Business
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
by adminIt’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on…
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Business
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
by adminPrivate payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor…
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Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at $45.16 per share,…
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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 rates. The average 30-year, fixed-rate mortgage…
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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 year, she visits her two adult…
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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 the e-retailer is promoting to customers…
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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 attracted during a period of high…
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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 continue. Bakish climbed the corporate ladder…
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Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting…