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Browsing: Business

Business

Walmart slashes grocery costs for employees with expanded discount program as food prices squeeze budgets

Walmart is extending its 10% employee discount to nearly all groceries, offering financial relief as food prices continue to strain household budgets....

Business

Social Security's estimated 2026 cost-of-living adjustment rises amid inflation uptick

The projection for Social Security's annual cost-of-living adjustment (COLA) for next year is getting higher, according to a new report.The Senior Cit...

Business

Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall

Treasury Secretary Scott Bessent said on Thursday that one of his top priorities is addressing the U.S. housing affordability crisis. "We are really g...

Business

Lowe's launches skilled trades academy for military members and spouses

Lowe's, the Lowe’s Foundation and Hiring our Heroes are launching a skilled trades academy focused on helping military members and spouses transition...

Business

Producer prices surged more than expected in July, spurring inflation concerns

Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. The Burea...

Business

Bessent outlines the qualities he's looking for as he vets Trump's Fed shortlist

Treasury Secretary Scott Bessent on Thursday outlined the qualities he is seeking as he vets candidates from President Donald Trump's shortlist to lea...

Business

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent says he isn't in the business of giving the Fed marching orders, but his view that a neutral interest rate would be 1...

Business

Dodgers star Mookie Betts teams with Corona for first-of-its-kind baseball-beach audio experience

Postseason baseball is unlike any of the 162 games played by an MLB team – every pitch, every hit and every moment matters that much more. It's peak i...

Business

Starbucks CEO sets new time goal for baristas making your order

Four minutes or less. That is how long the Starbucks chief executive officer would like for it to take from order to drink in hand. The new operating...

Business

Keeping Social Security from going broke requires tax hikes that will hit younger Americans for 6 figures

Social Security marks its 90th anniversary on Thursday, and the longstanding safety program is facing projections of insolvency in less than a decade,...

Business

Miami sailboat crash survivor 'stared death in the face,' lawyer says

A 7-year-old survivor of the deadly Miami sailboat crash has been released from the hospital, and the lawyer representing her family says the child "s...

Business

Philips to invest over $150M in US manufacturing, research facilities

Philips is investing more than $150 million toward U.S. manufacturing and research and development with the goal of expanding the production of AI-pow...