Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer…
Tag: inflation
Tesla deliveries beat forecasts as Europe’s rebound brightens outlook
Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe…
What are the investment options for Trump Accounts?
The Treasury Department on Wednesday announced the lineup of investment funds that will be available in…
Microsoft eyes another wave of layoffs that could hit 5,000 workers next week
Microsoft is expected to lay off up to 2.5% of its workforce as early as next…
Goldman Sachs to contribute $1,000 to Trump Accounts for eligible children of employees
Goldman Sachs on Thursday announced that it will make a matching contribution to Trump Accounts for…
US economy added jobs at a slower pace than expected in June
The U.S. economy added jobs at a steady pace in June despite headwinds caused by elevated…
Bessent lays out 5 principles guiding Trump admin’s approach to economic statecraft
Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration’s approach to economic statecraft in a…
DOJ says Alibaba failed to stop illegal pharmaceuticals and banned goods from reaching US buyers
Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution agreement…
Trump promises Philadelphia gas discounts ahead of July 4, claims oil prices are ‘plummeting’
President Donald Trump on Wednesday announced that fuel prices will be lowered at select gas stations…
Check your AC: 13,000 units recalled over fire risk
More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans…
Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO…
Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain
Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the…
Google co-founder Sergey Brin offloads massive stake in NYC real estate for pennies on the dollar
Months before New York City approved a historic two-year rent freeze, Google co-founder Sergey Brin quietly…
What are the main sticking points in the Trump admin’s trade negotiations with Canada, Mexico?
The Trump administration’s announcement that it doesn’t plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead…
Record decline in home asking prices offers buyers an affordability boost
Home listing prices are declining at the fastest pace in at least nine years as sellers…
BofA CEO Brian Moynihan dismisses recession fears despite Wall Street’s most hawkish Fed forecast
While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America…
Silicon Valley elite shift record wealth to build Florida’s new ‘tech capital’
Billionaire venture capitalist Peter Thiel planted a record-setting flag in Miami’s financial core, signing a historic…
Trump says Taiwan is doubling the size of chipmaking plant in Arizona
President Donald Trump on Wednesday said that Taiwan is doubling the size of the chipmaking plants…
Private sector added 98,000 jobs in June, below expectations, ADP says
Companies in the private sector added 98,000 jobs in June, payroll processing firm ADP said in…
Mortgage rates fall to lowest level in over a month as Iran deal framework takes shape
Mortgage rates fell this week to the lowest level in more than a month, mortgage buyer…
Fed’s favored inflation gauge accelerated in May amid energy price shock
The Federal Reserve’s preferred inflation gauge rose in May as price pressures persist in the wake…
Inflation rose again in May as elevated energy prices squeeze consumers
Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the…