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  • Business

    Fed Chair Powell says ‘time has come’ for interest rate cut

    by admin August 25, 2024
    August 25, 2024

    Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its…

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  • Business

    Peloton to start charging subscribers with used equipment $95 activation fee

    by admin August 24, 2024
    August 24, 2024

    Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought…

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  • Business

    Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

    by admin August 24, 2024
    August 24, 2024

    Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest…

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  • Business

    July home sales break a four-month losing streak as supply rises nearly 20% over last year

    by admin August 24, 2024
    August 24, 2024

    Closed sales of previously owned homes rose 1.3% in July compared with June to a…

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  • Business

    Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.

    by admin August 24, 2024
    August 24, 2024

    Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday…

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  • Business

    Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

    by admin August 24, 2024
    August 24, 2024

    The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by…

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  • Business

    Target CEO addresses price gouging accusations in retail

    by admin August 23, 2024
    August 23, 2024

    There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said…

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  • Business

    U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy

    by admin August 23, 2024
    August 23, 2024

    U.S. job gains over the 12 months ending in March were revised downward Wednesday by…

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  • Business

    Fed minutes point to ‘likely’ rate cut coming in September

    by admin August 23, 2024
    August 23, 2024

    Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but…

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  • Business

    Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy

    by admin August 23, 2024
    August 23, 2024

    DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant…

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