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 06:25 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 05:52 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 06:20 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 05:49 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 06:30 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 05:11 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 07:04 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 05:45 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 05:11 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