McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to see…
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Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation.…
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Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
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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As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose…
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Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
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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Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers as…
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The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology…
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Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on
NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s Olympic…
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Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.
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 to…
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The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave…