The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports…
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When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The…
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Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at…
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Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president…
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At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a…
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Business
Silver lining for consumers: Food price growth has gone flat and other prices are falling
by adminPrice growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer…
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Business
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
by adminFederal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on…
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Business
Federal student loans this fall will have the highest interest rate in more than a decade
by adminThe interest rate on many new federal student loans is set to rise to its highest level in more than a decade…