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Category: Economy

Here are the top zip codes for home sales, accordi...

Metros in the Midwest and Northeast stole the top slots on this year's list.

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Chipotle illegally denied raises to unionized work...

Chipotle accused of violating federal laws by telling unionized employees that the restaurant chain could not give them raises

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Walmart and Burger King partnering for exclusive d...

Walmart is rolling out Burger King deals as a new perk for its Walmart+ paid membership. The new benefit became included in Walmar...

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BlackRock's support of ESG resolutions falls to re...

BlackRock scaled back its support of environmental, social, and government-related resolutions in the 2023-24 proxy year to a mere...

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Peloton to charge sizable 'activation fee' for use...

Some people who buy their Peloton exercise machines second hand will face a "used equipment activation fee," the fitness company a...

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Peloton sales rise in latest quarter, but will the...

Peloton Interactive, which suffered mounting losses when people returned to their old workout habits after the pandemic, reported ...

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Danish pharma giant Bavarian Nordic secures deal f...

A Danish pharma giant with the only approved mpox jab in the US and Europe has done a deal to make 440,000 vaccines.

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MARKET REPORT: Hays profits nosedive as headhunter...

FTSE 250 headhunter Hays laid bare the difficult task of hiring staff as the recruiter outlined further cost savings.

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Junior lawyers handed £40,000 for referring talent...

Top law firms are now offering junior employees nearly £40,000 to refer fresh talent as the war for lawyers continues.

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Booking.com scam: Spike in reports over summer as ...

Customers like Mick Thomas (pictured) are still being tricked into handing over cash to fraudsters who have infiltrated Booking.co...

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What to know about Mike Lynch, the tycoon missing ...

Mike Lynch, an icon of British entrepreneurship, is one of six people missing after his luxury yacht sank during a violent storm.

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Target says its price cuts are paying off as shopp...

Target's comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off.

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The job market was weaker than earlier reported, n...

New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.

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You'll soon need a Real ID to fly in the U.S. Here...

Beginning next year, you won't be able to fly domestically with your state issued driver's license or ID card. Here's what you'll ...

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Starbucks is rolling out its pumpkin spice latte e...

The bestselling beverage is hitting Starbucks' stores two days earlier than it did in 2023. Here's why.

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BMW recalls 720K vehicles with risk of water pump ...

BMW recently launched a recall of nearly 720,800 vehicles across several models in response to the risk of a short circuit by thei...

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7-Eleven parent company facing possible acquisitio...

Alimentation Couche-Tard is looking to acquire another major convenience store player — Seven & i, the parent company of the 7-Ele...

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Value of gold bar hits $1 million for first time e...

Rising prices led the value of a gold bar to new heights. Gold bars weighing 400 troy ounces are now valued at $1 million after th...

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All you need to know as Chancellor Rachel Reeves s...

The campaign to improve take-up of Pension Credit comes amid growing anger that Labour has taken away energy subsidies for up to 1...

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SJP sees its Polaris range grow £9bn in value in j...

The Polaris range now has assets worth £45.6bn, compared with just £42.8bn for Vanguard's LifeStrategy.

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Cut, hold or hike?: This is Money's alternative MP...

BofE policymakers will be keen to avoid derailing Britain's battle against inflation or slamming the breaks.

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Why it could be the right time to bet on BT: As tw...

Two of the world's richest men, global tycoons with a sharp eye for a deal, have bought themselves a slice of telecoms giant BT.

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Chinese EV makers could flood the UK market to avo...

Analyst Matthias Schmidt says he expects Chinese firms to shift focus away from EU markets and instead prioritise the UK as a 'saf...

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These are the top 10 destinations for Labor Day tr...

Labor Day weekend will mark the end of the summer travel season. Here's how Americans are capping it off.

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Here's what to know about Harris' plan for a $6,00...

Harris also wants to restore the pandemic's expanded Child Tax Credit. That could help millions of families, but cost $1.6 trillio...

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Harley-Davidson says it's dropping some DEI polici...

Harley-Davidson said it is "saddened by the negativity on social media," but added it is dropping some DEI goals.

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You'll soon need a Real ID to travel in the U.S. H...

Beginning next year, you won't be able to travel domestically with your state issued driver's license or ID card. Here's what you'...

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Overtourism creates havoc this summer as travelers...

To be visited during the summer of overtourism in 2024 means traffic jams, water problems and high housing prices.

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Incoming Starbucks CEO Brian Niccol poised to get ...

Brian Niccol is slated to receive a sizable pay package as he becomes the CEO of Starbucks, according to a filing coffeehouse chai...

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Walmart wins, Starbucks boots CEO and Trump and Ha...

Stock investors celebrated the best week of the year even with twists and turns on inflation, a CEO shake-up at Starbucks and nons...

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GM laying off staff in software and services divis...

GM is laying off employees in its software and services division. The Detroit-based automaker did not specify the total number of ...

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RUTH SUNDERLAND: If Chancellor wants to boost grow...

How dispiriting that only a few weeks into the job, Rachel Reeves exudes such negativity.

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Universal in talks with ministers about tax incent...

The US company, owned by Comcast, has snapped up 500 acres of land in the UK as a potential site for Europe's largest theme park.

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Ted Baker to close all its remaining 31 stores imm...

The firm behind its UK shops - No Ordinary Designer Label - collapsed into administration in March after failing to woo younger sh...

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Markets brace as all eyes on Federal Reserve at Ja...

Officials from the US Federal Reserve, the Bank of England and the European Central Bank will meet for the annual conference in Ja...

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Job vacancies rise for first time this year as con...

Listings for UK roles hit 862,043 in July, up 1.1 per cent from the month before, according to job site Adzuna.

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Recalled cucumbers in salmonella outbreak sickened...

Florida cucumber grower used untreated canal water found to be tainted with salmonella bacteria, laboratory tests found.

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Trader Joe's recalls 653,000 candles sold across U...

Trader Joe's reports 14 incidents of high flames, a handful resulting in minor burns and limited property damage.

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Rules for buying and selling a home are changing. ...

The landscape is changing radically for Americans buying and selling property, as well as for real estate agents.

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Trump's finances boosted by crypto and sales of br...

Former President Donald Trump also disclosed more than $100 million in liabilities for recent legal cases.

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Judge temporarily blocks launch of new Venu Sports...

A U.S. district judge said in her ruling that FuboTV was likely to be successful in proving that the joint venture would violate a...

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Wally Amos, founder of world famous cookies, dies ...

Wally Amos, the founder of Famous Amos cookies, died at his home in Honolulu on Tuesday at the age of 88, according to reports.

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DOJ mulls Google breakup over monopoly concerns: r...

The Justice Department is reportedly considering breaking up Google's businesses to address its monopoly over online searches, wit...

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Plastic manufacturers push back after Biden admini...

A plastic organization expressed its disappointment in the White House after the U.S. reportedly will support a global treaty redu...

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Walmart beats Wall Street expectations, raises out...

Walmart, the largest retailer and private employer in the U.S., beat Wall Street expectations as shoppers respond to the thousands...

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Layoffs announced at multiple companies this summe...

The summer has brought announcements of job cuts at a slew of different companies, including Cisco, Paramount Global and Axios.

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HUNGER PROTEST: DIDI-OMAH'S WORDS ON NIGERIA'S NAT...

Due to Nigeria’s hunger protests, Didi-Omah Augustine Chinazaekpere, 22-year-old, highlights the meaning behind Nigeria’s National...

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LET'S CONTROL OUR INTERNAL ECONOMY VERSUS THE EXTE...

Due to the recent situation, Ex-blogger, Didi-Omah Augustine Chinazaekpere urged the Rivers State Government to prioritize the int...

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Bharti to buy major BT stake from Patrick Drahi

The Indian conglomerate's international investment arm, Bharti Global, has struck a deal to buy 10 per cent of BT's shares immedia...

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Transcript: Bank of America CEO Brian Moynihan on ...

The following is a transcript of an interview with Bank of America CEO Brian Moynihan that aired on "Face the Nation" on Aug. 11, ...

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Mortgage rates go down, but is it enough to jump s...

Mortgage rates are finally starting to come down, which is giving some homeowners a bit of relief. But many looking to buy could s...

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Paramount Global to lay off 15% of its US workforc...

Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an...

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Wall Street’s wild week — how it went, how it's go...

It was a roller coaster of a week for U.S. investors as stocks saw big swings and fresh economic data eased some, but not all, wor...

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Strive Asset Management is the face of non-woke in...

Strive CEO Matt Cole discusses the problems with European-style stakeholder capitalism, why the American corporate model outperfor...

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My tenants fitted a smart meter without my permiss...

My tenants fitted a smart meter without my permission and now my supplier won't remove the meters. What can I do?

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Britain's economy set for a Taylor Swift boost

Official figures are this week expected to show an uptick in growth - and the singer could have played a part.

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Starting to get my state pension means I have to p...

I retired early several years ago, drawing my private pension that is lower than the annual tax threshold on its own, but that wil...

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BUSINESS LIVE: Bharti to buy major BT stake; FTSE ...

Among the companies with reports and trading updates today are BT and Heathrow Airport.

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5 key lessons for investors after this week's wild...

Unsettled by this week's roller coaster in financial markets? Here's advice from top investment experts.

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Wendy's pilots Spanish-language AI at drive-thrus ...

Wendy's brings bilingual capabilities to dozens of restaurants to better serve Spanish-speaking customers in Florida and Ohio.

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Trump Media says its second-quarter revenue plunge...

Trump Media, the owner of Truth Social, has a market value of more than $5 billion despite shrinking sales and losses.

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Susan Wojcicki, former YouTube CEO, dies at 56 aft...

Susan Wojcicki served as CEO of YouTube for nine years before stepping down in February 2023.

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How to file a claim to get $2,500 from a Cash App ...

Customers of mobile payment service Cash App whose data or accounts were hacked can file a claim.

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Disney's theme park business under pressure

Disney’s Experience segment showed some softness in the third quarter, the entertainment giant announced on Wednesday as it releas...

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US stocks close lower, comeback rally stalls as in...

Stocks reversed earlier gains and closed lower on Wednesday, a day after Wall Street snapped its three-day losing streak.

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Dow jumps 683 points, S&P and Nasdaq roar higher a...

A fresh read on the job market showed that the U.S. employment situation remains solid, giving investors the greenlight to shake o...

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New Boeing CEO focused on restoring trust: 'We cle...

Boeing's new chief executive, Kelly Ortberg, addressed employees in a message Thursday as he took the helm, telling them that "we ...

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Delta hit with class-action lawsuit over refunds f...

Delta Air Lines is being sued by a group of passengers who claim the carrier has not fully reimbursed them after canceling their f...

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The new '74' number plates BANNED because they're ...

The latest list of banned number plates deemed too rude for the road has been released by the DVLA - with everything from ULEZ to ...

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Revealed: All the savings rates that have been red...

Rate cuts are usually bad news for savers, as banks reduce the interest paid on their savings accounts. We look at some of the rat...

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Britain will have a shortfall of 3,000 qualified e...

A major skills gap is being predicted for a workforce of mechanics trained to service and maintain the nation's EVs - with some pa...

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Buca di Beppo goes bankrupt. Here are the restaura...

Some of Buca di Beppo's nearly 20 shuttered locations are in states including Arizona, Michigan and Pennsylvania.

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What the Federal Reserve is likely to do after sto...

A stock market rout and slower economic growth could soon lead to lower borrowing costs. Here's what experts think the Fed will do...

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Bloomberg makes $600 million contribution to 4 Bla...

"This gift will empower new generations of Black doctors to create a healthier and more equitable future for our country," former ...

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U.S. consumers rack up record $1.14 trillion in cr...

Consumers tacked on an additional $27 billion in credit card spending in the second quarter, the Federal Reserve Bank of New York ...

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Rocket fuel chemical is widespread in food, Consum...

Perchlorate is found in a wide variety of foods, especially products popular with babies and kids, advocacy group says.

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US stocks bounce back after global market sell-off

Stocks bounced back on Tuesday morning following a prior session that saw the Dow Jones Industrial Average fall more than 1,000 po...

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Elon Musk's X files antitrust lawsuit against worl...

X CEO Linda Yaccarino announced Tuesday the company has filed a lawsuit against GARM, World Federation of Advertisers (WFA), and G...

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Google antitrust ruling may pose $20 billion risk ...

A federal court's ruling that Google violated antitrust law and illegally maintained a monopoly could put exclusivity payments to ...

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Market watcher Adam Kobeissi: Volatility 'definite...

Adam Kobeissi, editor-in-chief of The Kobeissi Letter, spells out what caused Monday's sell-off, why an emergency rate cut by the ...

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Riot damage: Would your home or car insurance pay ...

Many shops, mosques and immigration centres have been targeted during recent rioting, but some cars and private homes have been da...

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Mortgage cuts continue as HSBC and Barclays reduce...

HSBC became the third lender to reintroduce a sub-4 per cent five-year fixed deal, following mortgage rate cuts by Nationwide and ...

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Ibstock slashes divi as construction slowdown hits...

The building products maker intends to pay investors a 1.5 pence per share interim dividend, a 56 per cent drop on the equivalent ...

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BUSINESS LIVE: Thames Water set for Ofwat monitor;...

Among the companies with reports and trading updates today are Thames Water, WPP, Quilter, Legal & General, Hiscox and Glencore.

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Trump wants to cut Social Security taxes. How woul...

Former President Donald Trump's pledge to cut taxes that seniors pay on their Social Security income would ultimately hurt the pro...

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Tesla lawyers ask judge to undo ruling against gin...

Shareholders' vote in June makes clear they are adamant that Musk is entitled to an 11-figure pay package, defense attorneys argue...

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Mortgage rates tumble to lowest since April 2023 a...

Homebuyers are getting some relief from high borrowing costs as mortgage rates sink on expectations the Federal Reserve will cut r...

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Berkshire Hathaway slashes Apple stake by almost 5...

Buffett once called the company's stake in the iPhone maker a pillar of Berkshire's business that he intended to hold indefinitely...

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Chevron relocating headquarters from California to...

Energy giant Chevron on Friday announced its planned corporate relocation to Houston from San Ramon, the California city where it ...

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Dow, S&P 500, Nasdaq have worst session since 2022

U.S. stocks tumbled as recession fears spooked investors following a series of weak economic reports this week, including the July...

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Stocks sink, recession fears rise and Boeing has a...

Wall Street wrapped a wild week that saw big swings for U.S. stocks as investors went from celebrating Fed Chair Jerome Powell to ...

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Protect your wealth and pension from Labour's tax ...

Rachel Reeves laid the groundwork for an attack on people's personal wealth - an assault she had defiantly refused to confirm whil...

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Have I lost the £7,000 I invested in John Burford'...

I invested £7,000 and John Burford promised to buy and sell shares using his trading system, collecting a bonus for any increase i...

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Reeves will regret her winter fuel payment raid on...

My mailbox has been overwhelmed by readers spitting blood over Reeves' move. They feel that pensioners have been unfairly picked o...

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The property investment trust going cheap and pack...

The Reit run by property veteran Richard Shepherd-Cross is resolutely focused on delivering attractive annual income to shareholde...

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Curb your enthusiasm on tax rises, Rachel Reeves -...

The country's economic position is improving so swiftly that there will probably be no need to raise taxes at all in October.

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United, Delta suspending flights to and from Tel A...

United and Delta are pausing flights to and from Tel Aviv as concerns grow about a possible widening Middle East conflict.

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Senate to vote on major tax bill to expand Child T...

The legislation would bolster the Child Tax Credit, aiming to provide relief to lower-income families.

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Disney, Fox and Warner Bros Discovery reveal price...

Venu Sports will include games from the NFL to NASCAR, as well as college sports, golf, tennis and soccer.

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Fed maintains benchmark interest rate despite infl...

The Federal Reserve on Wednesday maintained its benchmark interest rate even as inflation has cooled. CBS News business analyst Ji...

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