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Categories Editor's Pick

Dow slips for first losing day in nine as consumers’ expectations for inflation rise

Author May 15, 2024

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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Categories Editor's Pick

Silver lining for consumers: Food price growth has gone flat and other prices are falling

Author May 15, 2024

Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer

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Categories Editor's Pick

Red Lobster closing at least 99 locations as its future comes into question

Author May 15, 2024

At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post

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Categories Editor's Pick

Amazon Web Services CEO Adam Selipsky to step down

Author May 15, 2024

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 of

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Categories Editor's Pick

Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

Author May 15, 2024

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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Categories Editor's Pick

Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady

Author May 15, 2024

Federal 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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Categories Editor's Pick

Federal student loans this fall will have the highest interest rate in more than a decade

Author May 15, 2024

The interest rate on many new federal student loans is set to rise to its highest level in more than a decade

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Categories Editor's Pick

U.S. autoworkers union seeks tough victory at Mercedes plant in Alabama

Author May 14, 2024

Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of

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Categories Editor's Pick

Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids

Author May 14, 2024

Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The

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Categories Editor's Pick

Fewer homeowners are remodeling, but demand is still ‘solid’

Author May 14, 2024

Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling

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