451-480 (out of 786)
Articles by April Fowell
Will Small Businesses Lead the US Economic Recovery?
According to a recent study, small company owners are becoming more optimistic about the US economy as inflation declines and worries of a recession lessen
Feb 29, 2024 6:25 AM EST
Wall St Worries About Inflation Data Spark Pullback
Wednesday's slightly lower closing price for US equities came one day ahead of an important inflation report that may have a significant impact on when the Federal Reserve decides to decrease interest rates.
Feb 29, 2024 5:52 AM EST
After Years of Increases, Used and New Car Prices Finally Dip
In the United States, price hikes for automobiles and trucks have been moderating and in some cases even declining, which is helping to reduce overall inflation and giving disgruntled Americans greater optimism that they will be able to find an inexpensive vehicle for almost three years.
Feb 29, 2024 12:57 AM EST
Khan Claims Blocking Nvidia-Arm Deal Proves Stronger FTC, Raises Concerns
Chair of the Federal Trade Commission Lina Khan mentioned the rising Nvidia stock price and Arm as an illustration of how preventing mergers might spur more creative thinking.
Feb 28, 2024 6:20 AM EST
Wendy's Considers Surge Pricing Like Uber
Wendy's, the popular fast-food chain, is exploring the possibility of introducing dynamic pricing, akin to surge pricing used by ride-sharing services like Uber, to its menu.
Feb 28, 2024 5:49 AM EST
Macy's Slashes Locations in Big Retail Restructuring
In an attempt to revitalize its company and stave off an activist investor takeover, Macy's said on Tuesday that it will eliminate about 150 underperforming shops over the next three years.
Feb 28, 2024 12:25 AM EST
Latest Numbers Paint Brighter Picture for US Economy
According to a study issued on Monday, the U.S. economy is expected to do far better this year than business experts were predicting only a few months ago.
Feb 27, 2024 6:30 PM EST
Bitcoin Breaches $56,000, Highest Level in Two Years, Triggers Market-Wide Surge
The largest cryptocurrency in the world by market capitalization, Bitcoin, continued its upward trend in Asian trade on Tuesday, hitting a two-year high of almost $56,000 and boosting the whole cryptocurrency market amid encouraging market developments and purchases from bulls.
Feb 27, 2024 5:11 PM EST
Americans Spend Record Share of Income on Food Since 1991
Americans are spending more of their money on food than they have in the last thirty years, between restaurants and grocery.
Feb 27, 2024 7:04 AM EST
US Blocks Merger of Kroger and Albertsons, Citing Price Concerns
The $24.6 billion agreement would remove competition and raise costs for millions of Americans, according to the Federal Trade Commission, which filed a lawsuit to stop the proposed merger between grocery titans Kroger and Albertsons.
Feb 27, 2024 12:25 AM EST
Consumers Fight Back, Forcing Businesses to Rethink Pricing Strategies
A lot of Americans now buy differently due to inflation. These shifts in consumer behavior are now contributing to a decrease in inflation.
Feb 26, 2024 12:18 AM EST
Google Buys Access to Reddit Data, Raising Privacy Concerns
Google and Reddit have reached an agreement that enables the search engine giant to train its artificial intelligence models with postings from the online discussion platform, therefore enhancing services like Google Search.
Feb 24, 2024 5:45 AM EST
Senators Push Biden to Crack Down on Cheap Online Imports
President Joe Biden is being urged to take executive action by two U.S. senators who want to reduce the amount of duty-free packages coming into the country from China. They claim that U.S. manufacturers are unable to compete with low-cost competitors who, in their opinion, rely on forced labor and government subsidies in important industries.
Feb 24, 2024 5:11 AM EST
Revised FAFSA Glitches Cause Financial Aid Hang-Up
This year, the anxiety that many students have about receiving the necessary financial help to attend their first-choice college is dampening their pleasure over getting admitted.
Feb 23, 2024 11:10 AM EST
Investors Brace for Wait: Fed's Waller Dampens Rate Cut Hopes
Christopher Waller, the governor of the Federal Reserve, stated on Thursday that before he is ready to back interest rate reductions, he will need to see more proof that inflation is down.
Feb 23, 2024 10:14 AM EST
Cooling Inflation, Rising Rates: Are High-Yield Savings Accounts Still Your Best Bet?
The recent years have not been the best for interest rate environments. The greatest inflation rate in decades, coupled with high interest rates intended to control it, has caused Americans to feel the pinch of the economy almost everywhere-from their mortgage payments to their food bills.
Feb 23, 2024 6:07 AM EST
Reddit's IPO Filing Shows Growth, But Questions Remain
Reddit made public its initial public offering (IPO) filing on Thursday, one day before its much-awaited scheduled March stock market debut in the United States. The social network firm said that its net loss decreased to $90.8 million and revenue growth was around 21% in 2023.
Feb 23, 2024 12:19 AM EST
Investors Flock to Nvidia as AI Dominates Company Projections
With its shares up 10% after hours, Nvidia predicted an almost threefold increase in quarterly revenue on Wednesday, comfortably above predictions as the firm cashed in on the enormous demand for its market-leading artificial intelligence processors.
Feb 22, 2024 10:01 AM EST
Can These 3 Stocks Weather the US-China Trade War?
The U.S. and China have a complex economic relationship that is both codependent and competitive. The U. S. and China have a complex economic relationship that is both codependent and competitive.
Feb 22, 2024 9:33 AM EST
Biden Administration Delivers Major Student Loan Forgiveness
On Wednesday, the Biden administration announced that it will automatically forgive 153,000 debtors' $1.2 billion in student loan debt.
Feb 22, 2024 6:53 AM EST
How Robots Saved the US Economy
Due to a persistent lack of workers, many businesses have had to invest in machines to perform some of the labor that has to be done by humans.
Feb 22, 2024 12:29 AM EST
Americans' Credit Card Addiction Fuels $35 Billion Merger
Since the pandemic, Americans have relied more and more on their credit cards. So much so that they are ready to risk over $30 billion on Capital One's wager that they won't give up the habit.
Feb 22, 2024 12:08 AM EST
Conference Board Abandons U.S. Recession Call After Months of Warning
The Conference Board renounced its long-standing prediction on Tuesday that the US economy will enter a recession, despite the fact that its Leading Economic Index continues to predict flat economic production in the coming months.
Feb 21, 2024 6:10 AM EST
Pre-Scheduled SNAP Payments Rolling Out Now
Beginning on February 12, 2024, thousands of Americans will get their new SNAP food stamp payment within the same week. Y
Feb 21, 2024 5:19 AM EST
Walmart Earnings Beat Estimates, Sales Up 7%, But Average Transaction Size Dips
In an economically difficult climate plagued by a recent bout of inflation, Walmart's cheap pricing attract consumers searching for discounts, and the company reported another quarter of exceptional profits, finishing the year on a high note.
Feb 21, 2024 2:30 AM EST
3 Cheap Stocks Long-Term Investors Shouldn't Miss
These three excellent consumer stocks are currently trading at ridiculously low levels. Amazon: Despite a 70% surge in the past year, Amazon (NASDAQ: AMZN) remains a bargain due to its unique reinvestment strategy and dominant position in e-commerce and cloud services.
Feb 20, 2024 7:10 AM EST
Biden Administration Counters China with US Chip Investment
The US government plans to give the computer chip manufacturer GlobalFoundries $1.5 billion to increase its domestic operations in New York and Vermont, the Biden administration said on Monday.
Feb 20, 2024 4:50 AM EST
Experts Predict the 2024 Homebuying Season
Less than a month separates us from the actual start of spring, and some homebuyers are already preparing for a busy season. Spring is always a busy time of year for house sales, and this year's promising economic trends can stoke the flames even more.
Feb 20, 2024 2:07 AM EST
Fear Still Lingers: Investors Wary After 2022 Crypto Crash
The week ending February 17 saw a record $2.45 billion influx into digital asset products, including Bitcoin's price appreciation.
Feb 20, 2024 12:45 AM EST
Fed's Rate Cut Plans Boost Prospects for Asian Currency Strength
While a rate drop by the US Federal Reserve later this year may not be good news for the US dollar, certain Asian currencies might benefit from it.
Feb 19, 2024 8:43 PM EST