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    Key fed inflation gauge cools to its slowest rate in over three years

    • June 28, 2024
    An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years. The core personal consumption expenditures…
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    Walgreens plans store closures as CEO says consumers are ‘stunned’ by prices

    • June 28, 2024
    Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain announced quarterly earnings Thursday morning…
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    Warren Buffett gives away another $5.3 billion, says his children will manage estate

    • June 28, 2024
    Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. The legendary investor, who’s turning 94 in August, converted 8,674…
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    NFL hit with $4.8 billion in damages over ‘Sunday Ticket’ antitrust case

    • June 28, 2024
    A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that the league violated antitrust laws in distributing out-of-market Sunday afternoon…
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    YouTube is dominating the living room, forcing media companies to decide whether it’s friend or foe

    • June 28, 2024
    It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share…
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    Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers

    • June 28, 2024
    The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering costs for certain older Americans enrolled in Medicare.  President Joe Biden has made…
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    Walgreens plans store closures as CEO says consumers ‘stunned’ by prices

    • June 28, 2024
    Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain on Thursday morning announced quarterly…
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    Inflation vs. wages: How rising prices stack up against growing pay

    • June 27, 2024
    It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in 2024? The short answer: further than they might think. Since…
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    Amazon plans to launch discount store in bid to fend off Temu and Shein

    • June 27, 2024
    Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned.…
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    Rivian secures up to $5 billion from Volkswagen; shares soar 40%

    • June 27, 2024
    Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes plans…
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      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

      Popular Topics
      • Occupied West Bank rocked by day of violence as gunmen kill three Israeli settlers and reprisal attacks reported
      • Azerbaijan’s leader accuses Russia of passenger jet crash ‘cover up’ in blistering new attack on neighbor
      • Spanish woman killed by elephant in Thailand while bathing animal, police say
      • US adds Chinese tech giants to list of companies allegedly working with China’s military
      • Bad news for homebuyers in the Northeast and Midwest
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