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Categories Editor's Pick

Intel shares plunge 28%, dragging down global chip stocks

Author August 2, 2024

Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a

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Categories Editor's Pick

Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

Author August 2, 2024

LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers

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Categories Editor's Pick

Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken

Author August 2, 2024

Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494

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Categories Editor's Pick

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

Author August 2, 2024

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient

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Categories Editor's Pick

Babies R Us is back: Here’s why Kohl’s is betting on babies to drive its turnaround

Author August 2, 2024

WOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer is opening Babies R Us shops in its existing stores

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Categories Editor's Pick

Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience

Author August 2, 2024

Call Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99

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Categories Editor's Pick

Wayfair CEO likens home goods slowdown to 2008 financial crisis

Author August 2, 2024

Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO called the current slowdown in the home goods

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Categories Editor's Pick

Fed holds interest rates but keeps door open to a cut in coming months

Author August 1, 2024

Federal Reserve officials said Wednesday that while there are signs the economy is slowing, the Fed was not yet ready to cut

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Categories Editor's Pick

CarShield ordered to pay $10 million federal settlement over deceptive repair coverage ads

Author August 1, 2024

CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has

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Categories Editor's Pick

Sports streaming venture from Fox, Disney and Warner Bros. priced at $42.99 a month

Author August 1, 2024

Venu Sports, the sports streaming joint venture between Disney’s ESPN, Warner Bros. Discovery and Fox Corp., will cost $42.99 a month. The upcoming streaming platform announced its pricing

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