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  • Business

    Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May

    by admin June 1, 2024
    June 1, 2024

    The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped…

  • Business

    Pending home sales in April slump to lowest level since the start of the pandemic

    by admin June 1, 2024
    June 1, 2024

    Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest…

  • Business

    N.Y. Fed President John Williams says inflation is too high but will start coming down soon

    by admin June 1, 2024
    June 1, 2024

    New York Federal Reserve President John Williams on Thursday said inflation is still too high,…

  • Business

    Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds

    by admin June 1, 2024
    June 1, 2024

    The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as…

  • Business

    It was a strong week for retail earnings. That doesn’t spell a consumer comeback

    by admin June 1, 2024
    June 1, 2024

    Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods…

  • Business

    Tesla to recall 125,227 vehicles over faulty seat belt warning system

    by admin June 1, 2024
    June 1, 2024

    Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat…

  • Business

    McDonald’s exec says average menu item costs 40% more than in 2019

    by admin May 31, 2024
    May 31, 2024

    A top McDonald’s executive is weighing in on claims that the company has jacked up its prices.…

  • Business

    Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags

    by admin May 31, 2024
    May 31, 2024

    Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they…

  • Business

    Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

    by admin May 31, 2024
    May 31, 2024

    U.S. consumers and businesses alike have turned cautious about spending this year because of elevated…

  • Business

    IRS announces Direct File as permanent free tax-filing option starting next year

    by admin May 31, 2024
    May 31, 2024

    The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for…

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