Business It was a strong week for retail earnings. That doesn’t spell a consumer comeback by 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… 0 FacebookTwitterPinterestEmail
Business Tesla to recall 125,227 vehicles over faulty seat belt warning system by June 1, 2024 June 1, 2024 Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat… 0 FacebookTwitterPinterestEmail
Business Pending home sales in April slump to lowest level since the start of the pandemic by June 1, 2024 June 1, 2024 Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest… 0 FacebookTwitterPinterestEmail
Business N.Y. Fed President John Williams says inflation is too high but will start coming down soon by June 1, 2024 June 1, 2024 New York Federal Reserve President John Williams on Thursday said inflation is still too high,… 0 FacebookTwitterPinterestEmail
Business Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds by 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… 0 FacebookTwitterPinterestEmail
Business T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal by May 31, 2024 May 31, 2024 Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company,… 0 FacebookTwitterPinterestEmail
Business American Eagle profit soars, but sales grow slower than expected by May 31, 2024 May 31, 2024 American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve… 0 FacebookTwitterPinterestEmail
Business Weekly mortgage demand drops to three-month low as rates begin climbing again by May 31, 2024 May 31, 2024 After a brief pullback during much of May, mortgage rates began rising again last week.… 0 FacebookTwitterPinterestEmail
Business Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue by May 31, 2024 May 31, 2024 Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it… 0 FacebookTwitterPinterestEmail
Business Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause by May 31, 2024 May 31, 2024 WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily… 0 FacebookTwitterPinterestEmail
