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Categories Economy

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s

Author May 2, 2024

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Categories Economy

Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment

Author May 1, 2024

Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers

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Categories Economy

As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market

Author May 1, 2024

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Categories Economy

Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts

Author May 1, 2024

Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children

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Categories Economy

Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth

Author May 1, 2024

Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high

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Categories Economy

Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives

Author May 1, 2024

Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after

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Categories Economy

Walmart to close 51 clinics as it shutters its entire Walmart Health division

Author May 1, 2024

Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting

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Categories Economy

McDonald’s rising prices pushing some diners away

Author May 1, 2024

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Categories Economy

Paramount and Skydance inch closer to a merger with one last big hurdle remaining

Author April 30, 2024

Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari

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Categories Economy

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.

Author April 30, 2024

Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday

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