June 12, 2024, 8:09am Business
Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from its 23-year peak. Read story
June 11, 2024, 3:03pm Business
Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in regions where the company has major corporate offices, CEO Andy Jassy announced Tuesday. Read story
June 11, 2024, 2:17pm Business
The Biden administration is pushing to prevent medical debt from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage. Read story
June 11, 2024, 1:50pm Business
Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. Read story
June 11, 2024, 1:11pm Business
GRAND BLANC TOWNSHIP, Mich. (AP) — A mid-Michigan couple and a lawyer from the west side of the state were announced Tuesday as winners of an $842.4 million Powerball lottery jackpot from a ticket purchased on New Year's Day. Read story
June 11, 2024, 1:08pm Business
Thousands of delivery drivers filed legal claims against Amazon on Tuesday, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Read story
June 11, 2024, 8:57am Business
Boeing received orders for only four new planes in May — and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January. Read story
June 11, 2024, 8:32am Business
A number of artists Target tapped to design part of its 2024 Pride collection have taken to social media to lament the retailer’s product development process, including last-minute cuts, drastically altered designs, wasted products and little recognition. Read story
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