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Categories Editor's Pick

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Author May 17, 2024

Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model

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Categories Editor's Pick

Rent up, groceries down: Inflation cooled slightly in April, but consumers still face a mixed bag

Author May 17, 2024

The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a 12-month basis

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Categories Editor's Pick

Under Armour is laying off workers as retailer says North America sales will plunge this year

Author May 17, 2024

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted

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Categories Editor's Pick

United Airlines says FAA cleared it to start adding new aircraft, routes after safety review

Author May 17, 2024

United Airlines said the Federal Aviation Administration has cleared it to start adding new aircraft and routes months after the regulator stepped up

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Categories Editor's Pick

Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again

Author May 16, 2024

Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the

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Categories Editor's Pick

Walmart is laying off and relocating hundreds of corporate workers

Author May 16, 2024

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed

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Categories Editor's Pick

Netflix inks deal to stream its first NFL games on Christmas Day

Author May 16, 2024

Netflix will stream its first NFL games on Christmas Day. The streaming giant announced Wednesday that it will feature both Dec. 25 matchups

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Categories Editor's Pick

Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

Author May 15, 2024

When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The 4%

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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

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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