WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks…
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Business
Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
by adminWalgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot to value…
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After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what…
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American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still,…
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Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of…
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Business
Why everyone is suddenly talking about Nvidia, the nearly $3 trillion-dollar company fueling the AI revolution
by adminThe business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning to one…
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Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started.…
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Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half…