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  • Business

    It was a strong week for retail earnings. That doesn’t spell a consumer comeback

    by admin June 2, 2024
    June 2, 2024

    Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods…

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  • Business

    Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

    by admin June 1, 2024
    June 1, 2024

    U.S. consumers and businesses alike have turned cautious about spending this year because of elevated…

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  • Business

    McDonald’s exec says average menu item costs 40% more than in 2019

    by admin June 1, 2024
    June 1, 2024

    A top McDonald’s executive is weighing in on claims that the company has jacked up its prices.…

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  • Business

    Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags

    by admin June 1, 2024
    June 1, 2024

    Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they…

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  • Business

    Orange juice prices are going through the roof — forcing some makers to consider alternative fruits

    by admin June 1, 2024
    June 1, 2024

    Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry…

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  • Business

    IRS announces Direct File as permanent free tax-filing option starting next year

    by admin June 1, 2024
    June 1, 2024

    The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for…

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  • Business

    Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause

    by admin May 31, 2024
    May 31, 2024

    WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily…

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  • Business

    American Eagle profit soars, but sales grow slower than expected

    by admin May 31, 2024
    May 31, 2024

    American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve…

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  • Business

    Weekly mortgage demand drops to three-month low as rates begin climbing again

    by admin May 31, 2024
    May 31, 2024

    After a brief pullback during much of May, mortgage rates began rising again last week.…

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  • Business

    Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue

    by admin May 31, 2024
    May 31, 2024

    Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it…

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