U.S. consumer confidence increased to a two-year high in July amid a persistently tight labor market and receding inflation, bolstering the economy’s prospects in the near term. But the economy is not out of the…
Category:
Business
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Gap announced Wednesday it’s poached a top Mattel executive to be its new CEO as the apparel giant seeks to reverse an ongoing sales slump and regain its relevancy in the fashion industry. Richard Dickson, the president and…
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U.S. gas prices hit an eight-month high Thursday amid rising oil prices. The national average price for a gallon of regular unleaded climbed to $3.71 Thursday, data from AAA showed. That’s more than $0.13 higher…
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A judge in New York is weighing whether to revoke Sam Bankman-Fried’s bail after prosecutors said Wednesday that the FTX co-founder used the news media to harass a key witness against him and should be locked…
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UPS and the Teamsters union reached a tentative agreement for a new five-year contract covering 340,000 workers at the country’s largest package carrier Tuesday, six days before a threatened strike that risked snarling deliveries across…
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The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S.…
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Spotify announced Monday it will increase the price of its premium service by $1, to $10.99. The music streaming giant said existing premium plan subscribers would be notified via email of when the increase would…
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U.S. consumer confidence increased to a two-year high in July amid a persistently tight labor market and receding inflation, bolstering the economy’s prospects in the near term. But the economy is not out of the…
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MIAMI — At the height of the Covid pandemic, Miami — the new home of soccer superstar Lionel Messi — emerged as an unlikely destination for individuals seeking an escape from lockdowns and a return…
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The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country’s payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven…