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Browsing: Business

Business

Walmart increases grocery discounts amid economic headwinds

Walmart, the nation’s largest private employer, has increased the number of discounts it offers, especially in its grocery business, as it looks to of...

Business

Only 28% of US homes now affordable for typical American household as buying power drops

Fewer than 30% of homes on the U.S. housing market are affordable for the average household as borrowing rates remain a critical barrier, according to...

Business

Is owning a home still the American dream? Why older Americans are choosing to rent

Owning and maintaining a home may no longer define the American dream for many older Americans."I'm definitely saving money. I don't have the same exp...

Business

Winklevoss twins drop millions worth of bitcoin into PAC to help bolster Trump admin's pro-crypto agenda

Tyler and Cameron Winklevoss, the twins who co-founded the Gemini cryptocurrency exchange, donated more than 188 bitcoin to the Digital Freedom Fund P...

Business

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from...

Business

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

Michael Fiddelke will take the helm as Target’s CEO and join its board of directors in February, more than 20 years after starting his career with the...

Business

CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower

A federal judge has ordered CVS Health’s pharmacy benefit manager, Caremark, to pay nearly $290 million after a whistleblower accused the business of...

Business

Betting markets show Mamdani maintains a big lead in NYC mayoral race

New York State Assemblyman Zohran Mamdani is holding on to a sizeable lead in the New York City mayoral race, prediction markets data shows.Mamdani, t...

Business

Betting markets show Mamdani maintains a big lead in NYC mayoral race,

New York State Assemblyman Zohran Mamdani is holding on to a sizeable lead in the New York City mayoral race, prediction markets data shows.Mamdani, t...

Business

United and Delta face lawsuits over windowless window seats sold to passengers for extra fees

United Airlines and Delta Air Lines are accused of charging passengers for windowless window seats where they were seated next to a wall that blocked...

Business

Major retailer says 'no' to California, pulls zero punches outlining economic 'reality'

Bed Bath & Beyond’s Executive Chairman Marcus Lemonis announced on Wednesday that the company won't open or operate retail stores in California, s...

Business

McDonald's to slash combo meal prices to win back budget-conscious shoppers

McDonald's franchisees will cut the cost of combo meals to revive the chain’s image as an affordable option at a time when many consumers are keeping...