Business
Fed Chair Powell says ‘time has come’ for interest rate cut
Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the...
Read more
How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates,...
Read more
U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision...
Read more
Fed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a...
Read more
Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy
DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans...
Read more
Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million...
Read more
More than 28% of Americans are searching for new jobs — the highest rate in a decade
A new labor market survey shows Americans have rarely felt more in need of new job opportunities — an indication...
Read more
Target CEO addresses price gouging accusations in retail
There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview...
Read more
To fix Starbucks, incoming CEO will have to tackle its mobile app problem
It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered...
Read more
Trump Media stock sinks to new post-merger low
Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five...
Read more
