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    1081 posts
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    Dow slips for first losing day in nine as consumers’ expectations for inflation rise

    • May 15, 2024
    The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports due later in the week. The 30-stock Dow…
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    Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

    • May 15, 2024
    When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The 4% withdrawal rule calls for retirees to withdraw that portion…
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    Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

    • May 15, 2024
    Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at a deep discount, Comcast chief Brian Roberts said.…
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    Amazon Web Services CEO Adam Selipsky to step down

    • May 15, 2024
    Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales and marketing at Amazon Web Services,…
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    Silver lining for consumers: Food price growth has gone flat and other prices are falling

    • May 15, 2024
    Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries as the costs of housing and other…
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    Red Lobster closing at least 99 locations as its future comes into question

    • May 15, 2024
    At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post Monday on LinkedIn, Neal Sherman, founder and…
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    Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady

    • May 15, 2024
    Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the…
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    Federal student loans this fall will have the highest interest rate in more than a decade

    • May 15, 2024
    The interest rate on many new federal student loans is set to rise to its highest level in more than a decade next year as lenders throughout the economy seek…
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    Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids

    • May 14, 2024
    Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The retailer said Thursday that it would be…
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    Amazon’s Zoox under investigation by NHTSA after two robotaxi crashes

    • May 14, 2024
    U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists. The National Highway Traffic Safety Administration…
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      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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