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Category: Economy

Vietnam is a growth hotspot and could reward brave...

It is a beneficiary of massive inward investment as big international companies shift their manufacturing bases southwards out of ...

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The best Wimbledon side hustles! TOBY WALNE meets ...

Wimbledon starts serving up Championship tennis today - offering an ideal opportunity for locals to earn some extra cash through s...

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FREDA LEWIS-STEMPEL did a 1,000 mile road trip in ...

Shel took a road trip from London to Scotland to see if you can beat range anxiety and only charge with renewable energy.

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RAY MASSEY: Don't be taken for a ride at the garag...

In the first three months of this year, the highest-ever number of complaints was submitted to The Motor Ombudsman's dispute resol...

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Tata threatens to shut Port Talbot steelworks over...

The conglomerate said it will close the final blast furnace at the site three months earlier than planned as union members prepare...

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Asda bosses insist they are building a 'bigger and...

Once Britain's second biggest supermarket, it has struggled since its private equity takeover three years ago and this month hit i...

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After Nvidia's rise, how you can back the AI revol...

It is possible to acquire a stake in Nvidia and the other Silicon Valley names through investment trusts whose shares are at a dis...

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First-class delivery... for Royal Mail chiefs: Top...

Five successive chief executives shared £15.2m between the delivery group's privatisation in 2013 and the end of its latest financ...

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FDA gives green light to menthol flavored e-cigare...

Parent groups and anti-tobacco advocates blast FDA move to authorize vaping brand Njoy to market its products to the public.

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Amazon to stop using plastic air pillows in packag...

Amazon said customers will notice that the air pillows are missing from the orders starting in July.

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Did you receive an unsolicited package? It might b...

Receiving a product in the mail you didn't order can indicate a scam, consumer advocates warn. Here's what to know.

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Auto dealership owner reeling after CDK Global sof...

The CDK Global auto dealer software outages have pushed many, like Celebrity Motor Cars owner Tom Maoli, to process sales and repa...

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Nvidia, Microsoft, Apple about to rock big tech ET...

A popular tech ETF that counts Microsoft, Apple and Nvidia as top holdings is about to rebalance. The move comes as Nvidia's share...

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Vitamix recalls 569,000 blender parts after dozens...

The nationwide recall includes Vitamix products that were previously repaired in a 2018 recall amid 27 reports of cut hands.

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567,000 chargers sold at Costco recalled after two...

Portable battery chargers recalled after 120 reports of the product overheating, safety watchdog warns.

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Super Bowl parade shooting survivors await donatio...

"We're really broke right now," said one survivor of the shooting during the Kansas City Chiefs Super Bowl celebration.

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Facial gum is all the rage on TikTok. So does it w...

Young men are chomping on "mastic" gum in hopes of getting a chiseled jawline. Here's what dentists have to say.

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580,000 JoyJolt glass coffee mugs recalled over bu...

JoyJolt brand coffee mugs can break when filled with hot liquids, leading to serious injuries, safety regulators warn.

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McDonald's $5 meal deal: Here's what you get

Under McDonald’s upcoming $5 meal deal, customers will get their pick of one of two sandwich options — a McDouble or a McChicken —...

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Auto dealers face software outage after provider h...

The incident marks the second time that CDK Global has disclosed an issue this week. The first, reported Wednesday, also prompted ...

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Ferrari has plans for an electric car. The cost? M...

Ferrari's foray into the EV space comes as other automakers are slashing prices on the cars amid faltering demand.

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CDK cyberattack shuts down auto dealerships across...

A cyberattack has disrupted the transaction systems for 15,000 car dealerships across the U.S.

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Trump's 10% tariff proposal is actually a $1,700 t...

Former President Donald Trump is floating a 10% across-the-board tariff on all U.S. imports. But economists warn consumers would p...

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Supreme Court upholds Trump-era tax, skirting disr...

The court ruled 7-2 that the so-called mandatory repatriation tax is constitutional under Article I and the 16th Amendment.

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Ozempic is fueling demand for smaller clothing siz...

Longtime customers of a men's shirt company are now buying clothes two sizes smaller, its owner said.

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Johnson & Johnson faces new class action lawsuit o...

Johnson & Johnson faces a new lawsuit seeking damages and medical monitoring for women who developed or might develop cancer, alle...

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An ETF to play gold, silver, copper and everything...

Precious metals are leading big gains for commodities this year, and some think the runway for both hard and soft assets could be ...

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Rite Aid to close over two dozen stores amid bankr...

Rite Aid on Monday filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added t...

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Boeing crash victims' families ask DOJ to fine com...

The families of victims killed in two separate Boeing 737 MAX plane crashes wrote a letter to the Justice Department asking the go...

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FDA issues warning to Dollar Tree over its failure...

The FDA sent a letter to Dollar Tree, Inc. in response to the company's failure to promptly remove a recalled product from WanaBan...

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Gen Xers are nearing retirement. About half say th...

Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough...

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US charges executives at ADHD startup in $100 mill...

The U.S. Department of Justice has charged the top doctor and the founder of telehealth startup Done Global for allegedly running ...

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Boeing investigating quality issue on undelivered ...

Boeing tells FOX Business it is investigating whether fasteners on some of its undelivered 787 Dreamliner planes were incorrectly ...

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Elon Musk’s payday, Apple AI, Fed’s rate cut pivot...

The tech-heavy Nasdaq kept climbing this week on the heels of the AI boom after Apple upped its game and even after the Federal Re...

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Trump proposal to exempt tips from taxes could cos...

The nonpartisan Committee for a Responsible Federal Budget projects how much the plan would add to the federal deficit.

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Brewery defends Milwaukee with "(not so) Horrible ...

"You hear something, you believe something," said brewery owner of people's possible misperceptions about Milwaukee.

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Nationwide to drop about 100,000 pet insurance pol...

The country's biggest provider of pet insurance cites rising cost of veterinary care in pulling product in some states.

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Southwest Airlines CEO says no plans to step down ...

Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott In...

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Apple tops Microsoft, regains title of world's mos...

Apple's market value topped Microsoft's for the first time in five months, allowing the tech giant to reclaim the title of world's...

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Musk says shareholders are backing his $56 billion...

Tesla CEO Elon Musk announced that shareholders are voting to approve his $56 billion pay package and the company's reincorporatio...

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Elon Musk's $56B Tesla pay package in the balance ...

Tesla CEO Elon Musk's $56 billion pay package is in the balance as shareholders will decide whether it will be reinstated after a ...

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Keith Gill, GameStop's "Roaring Kitty," plans YouT...

GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three year...

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Car ownership is getting more costly even as price...

A typical car buyer will pay $10,688 extra in interest payments over the course of a new car loan, one expert said.

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Good Earth recalls 1.2 million lights after multip...

One person died and another was treated for smoke inhalation in one of seven fires caused by product overheating.

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Feds set to release key jobs report. Here's what t...

U.S. unemployment rate forecast to stay below 4% for a 28th straight month — that would be the longest stretch in more than 70 yea...

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Barbie honors Venus Williams and 8 other athletes ...

Other athletes being turned into Barbie include Canadian soccer player Christine Sinclair and French boxer Estelle Mossely.

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Are you spending more money shopping online? Remot...

Remote work helped drive an additional $375 billion in online spending last year, report shows.

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USPS is firing probationary workers who report inj...

The postal service has allegedly fired mail carriers in at least seven states after they reported getting hurt while on the job.

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Judge blocks effort to auction off Elvis Presley's...

A company claimed Elvis Presley's estate failed to repay a loan that used the Graceland property as collateral.

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Justice Department set to take antitrust action ag...

The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent comp...

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Comcast reveals price for Peacock, Netflix and App...

Comcast announced a new streaming bundle called StreamSaver that will feature a standard Netflix subscription with ads, Apple TV+ ...

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JPMorgan warns S&P 500 could tumble 20% by the end...

JPMorgan analysts warned in a note to clients this week that the U.S. stock market faces a steep loss by year's end amid a number ...

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SEC signals possible approval of anticipated Ether...

The Securities and Exchange Commission is moving closer to approving a highly anticipated 'spot' Ethereum exchange-traded fund as ...

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Johnson & Johnson sued by cancer victims over 'fra...

Five plaintiffs sued Johnson & Johnson on Wednesday, accusing the company of fraud through its use of a shell company's bankruptcy...

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Trump Media says it booked less than $1 million in...

Trump Media posted a loss of $327.6 million in the first quarter because of a financial transaction.

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Some McDonald's franchises may charge for refills

McDonald's is transitioning away from self-serve beverage stations and some locations may start to charge for refills that were on...

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New ranking lists the best cities to live in the U...

Cities that score well on U.S. News' annual ranking of best cities get high marks for economic criteria like value and job market.

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FDIC head stepping down after report on its workpl...

The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning...

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Disneyland's character actors and performers vote ...

Actors and performers at Disneyland Resort who portray characters like Mickey Mouse are forming a union after the Actors Equity As...

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Baby stroller design: Not child's play

Baby strollers, once just merely a means for transporting a baby, have become thousand-dollar accessories. Correspondent Serna Alt...

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Bidet sales are flush with success

Bidets are common in Asia but are only just now catching on in America. Contributor Kelefa Sanneh finds out what's behind this rec...

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Bruce Nordstrom, who helped grow department store ...

Bruce Nordstrom, who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died,...

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GameStop shares sink after company update on busin...

After a wild week of trading, GameStop announced a sale plan for up to tens of millions of its shares and also gave a lukewarm bus...

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Many US consumers staying away from EVs due to lac...

Interest in electric vehicles among American car buyers has dwindled in part due to concerns about access to charging infrastructu...

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Mercedes-Benz workers in Alabama vote against unio...

Workers at a Mercedes-Benz plant in Alabama voted against the formation of a union on Friday, dealing a significant blow to the Un...

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Dow 40,000, GameStop meme craze and inflation hang...

Investors wrapped a busy week of inflation data, new records for the stock market and the return of wild trading in the so-called ...

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Consumer ETFs showing the real inflation picture

A divide between two consumer ETFs may be signaling the true picture of U.S. inflation as shopping trends dictate where investors ...

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Biden announces new tariffs on Chinese EVs, semico...

The Biden administration is dramatically increasing tariffs on items including Chinese EVs to solar cells, batteries, steel and mo...

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GameStop shares slide as meme stock fervor fades

Shares of GameStop, AMC Entertainment and other so-called meme stocks dipped ahead of the start of trade on Wednesday.

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Victims of Think Finance loan repayment scam to ge...

Regulators say the online lender deceived consumers into thinking they owed money on loans and withdrew funds from their bank acco...

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Inflation eases to 3.4% in boost for the Federal R...

The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.

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GameStop’s stock surge continues, punishing short ...

Shares of GameStop, AMC and others are fueling a revival of meme stock trading, catching many investors off guard, especially thos...

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'Roaring Kitty' social media return: What to know ...

"Roaring Kitty" is back in the spotlight after suddenly becoming active again on social media. Here's what you need to know about ...

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GameStop shares soar after 'Roaring Kitty' posts o...

Shares of GameStop surged more than 70% Monday morning after "Roaring Kitty," a key figure in the stock's Reddit rally, returned t...

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Justice Department says Boeing breached 2021 737 M...

The Justice Department said Boeing had breached its obligations from a 2021 agreement that shielded them from criminal prosecution...

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Vanguard Prepares to Tap Former BlackRock Executiv...

Vanguard, the firm founded by John C. Bogle may soon appoint the first outsider to be CEO in its 50-year history.

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Melinda French Gates resigns from the Gates Founda...

French Gates wrote in a post that she's moving onto "the next chapter" of her philanthropic work.

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Store closures are surging in 2024. Here are the w...

Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.

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"Roaring Kitty" trader returns, causing GameStop s...

Keith Gill, the trader behind the GameStop meme stock frenzy of 2020, resurfaces roughly three years after hiatus with a post on X...

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Looking to save money? Try shopping at bin stores.

Everything costs $10 at so-called bin stores — even pricey electronics like TV sets, video game consoles and laptops.

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Mercedes faces key test as Alabama workers vote on...

A vote by the German automaker's Alabama workers to join the UAW would be a "milestone event," labor expert said.

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Euro stock ETFs jump after Bank of England rate ta...

Like the Federal Reserve, the Bank of England is battling inflation. However, Governor Andrew Bailey is a little more optimistic a...

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GM ending production of Chevrolet Malibu

General Motors will end production of its Chevrolet Malibu sedan as it shifts its focus on electric vehicles. Its Kansas plant wil...

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NYC police search for suspects in cash-for-crypto ...

The NYPD is on the hunt for three suspects allegedly involved in robbing and beating a man in a Manhattan hotel last month in what...

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Business leaders on America's anti-Israel college ...

Anti-Israel agitators have set up encampments, disrupted university operations and demanded their schools fully divest from Israel...

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SEC to investigate Boeing over statements on safet...

The SEC is reportedly opening an investigation into aircraft manufacturer Boeing Co. for alleged statements about safety practices...

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Equinox's new fitness program aims to extend your ...

A new membership from luxury fitness chain Equinox includes a battery of tests normally reserved for professional athletes.

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Steward Health Care files for Chapter 11 bankruptc...

Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announce...

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Social Security projected to cut benefits in 2035 ...

Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.

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Some students want colleges to divest from Israel....

College protesters are demanding divestment as a way to deliver change, although its effectiveness isn't clear cut.

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White-coated candy recalled nationwide over salmon...

Recall includes yogurt pretzels and other confections sold by retailers such as Dollar General, HyVee, Target and Walmart.

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Warren Buffett predicts higher taxes due to rising...

Warren Buffett said at Berkshire Hathaway's annual meeting he thinks the federal government will look to increase taxes to address...

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Employers added 175,000 jobs last month, marking a...

U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.

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Nearly 8 tons of beef sold at Walmart recalled due...

The recalled beef came from Cargill Meat Solutions in the form of burger patties and ground chuck.

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Trump Media's auditor is charged with "massive fra...

Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.

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Walgreens limits Gummy Mango candy sales to one ba...

The retailer says the peelable treats have been "flying off the shelves" ever since TikTokers discovered the candy.

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Berkshire Hathaway has first annual meeting since ...

Warren Buffett referred to close friend Charlie Munger as the "the architect of Berkshire Hathaway."

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Carvana stock rebound boosts fortunes of CEO and h...

The revival of Carvana's stock from its 2022 lows has brought a titanic rise in the fortunes of its CEO and his father, who bankro...

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Fast-food restaurant sales slump as more people ea...

People seem to be buying less food from quick-service restaurants, a trend seen as Yum! Brands, Starbucks and McDonald’s offered t...

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Apple’s monster buyback, jobs surprise puts Fed on...

Investors got whipsawed by the Federal Reserve, the April jobs report and by Apple, which rolled out a colossal stock buyback. But...

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