October 13, 2024, 5:39am Business
A couple of legal events involving the giant supermarket chain Albertsons — the owner of Vons and Pavilions, among other familiar brands — and the giant chain Kroger, owner of Ralphs and other big supermarket names, are coming together just as the two firms are trying to finalize their $24.6-billion… Read story
October 5, 2024, 6:00am Business
Much like those annoying political TV ads, the warnings come back every four years: All the uncertainty around the U.S. presidential election could have big consequences for your 401(k)! Read story
September 8, 2024, 5:33am Business
You only need to go back three months or so to find the peak of the AI frenzy on Wall Street. That was on June 18, when shares of Nvidia, the California company that dominates the market for AI-related hardware, peaked at $136.33. Read story
September 1, 2024, 5:53am Business
Following the COVID-19 recession, the job market boomed. Workers experienced a historic amount of bargaining power. Phrases like the “Great Resignation” and “quiet quitting” were part of Americans’ everyday lingo, and unemployment hit its lowest point in 54 years. Read story
August 31, 2024, 5:45am Business
Accessing the money from your checking or savings account keeps getting more expensive, if you’re using an out-of-network ATM. In fact, average total ATM fees continue their climb to $4.77 this year, according to Bankrate’s 2024 checking account and ATM fee study. This reflects an increase from $4.73 last year… Read story
August 27, 2024, 8:49am Business
It’s difficult to say precisely when my discontent with Starbucks set in, but Wall Street’s displeasure with the company became clear earlier this month with the sudden ejection of Laxman Narasimhan as CEO and his replacement by Brian Niccol. Read story
August 25, 2024, 5:20am Business
Hiding in plain sight in the first annual report issued by the parent company of Donald Trump’s Truth Social platform was a statement of inescapable, well, truth. Read story
August 24, 2024, 5:20am Business
Saving isn’t always easy, but it pays off over time. It’s especially useful to have a solid savings foundation in place to protect yourself against economic uncertainty. And with the unemployment rate surging to 4.3 percent in August, the road ahead looks potentially rocky. Read story
August 24, 2024, 5:06am Business
There was a lot of commotion Wednesday about an obscure — at least to non-economists — labor data revision that, on the face of it, showed 818,000 fewer nonfarm jobs in America than previously thought. To put this annual exercise in context and allay some concerns, it’s helpful to roll… Read story
August 19, 2024, 5:02am Business
Strictly speaking, you don’t need a credit score to buy a house. If you’re paying cash, for example, no one necessarily cares whether you have good credit. However, if — like most aspiring American homeowners — you’ll need financing, then your credit score is crucial. Read story
