August 15, 2024, 1:18pm Business
Wall Street is rallying closer to its records on Thursday following signals the U.S. economy is holding up better than expected, with particular credit going to the country’s shoppers. Read story
August 15, 2024, 1:12pm Business
Vice President Kamala Harris is zeroing in on high food prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries as she looks to address one of voters' top concerns. Read story
August 15, 2024, 8:15am Business
The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates. Read story
August 15, 2024, 8:12am Business
Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant. Read story
August 15, 2024, 8:10am Business
French prosecutors opened an investigation into an online harassment complaint made by Olympic boxing champion Imane Khelif after a torrent of criticism and false claims about her sex during the Summer Games, the Paris prosecutor’s office said Wednesday. Read story
August 15, 2024, 7:52am Business
Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else. Read story
August 15, 2024, 7:48am Business
Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. Read story
August 15, 2024, 7:48am Business
Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by researchers, watchdog organizations and journalists to monitor social media posts, notably to track how misinformation spreads on the company’s platforms. Read story