Articles by April Fowell

451-480 (out of 786)

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


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