U.S. Inflation, Consumer Spending Growth Cooled in May
Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
China’s Economy Shows New Signs of Weakness
Evidence of China’s flagging growth continues to roll in, raising questions about whether the government is doing enough to turn...
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting
The sneaker giant said that product markdowns as well as higher costs for product input, freight and logistics weighed on...
Virgin Galactic Completes First Commercial Spaceflight After Setbacks, Delays
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‘Squid Game,’ Netflix’s Most-Watched Show, Completes Casting for Second Season
The streaming service, which has much riding on a repeat success for the South Korean dystopian drama, unveiled eight new...
Microsoft CEO Satya Nadella Says $75 Billion Activision Deal Won’t Block Competition
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WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
For Nvidia and China, an AI Battle With Washington Bodes Ill
An escalating chip war between the U.S. and China is putting chip makers in the crosshairs. Source link
General Mills Posts Underwhelming Sales as Retailers Tighten Inventories
The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. Source link
Homebuyers With Short Memories Are Driving Up Prices in Hurricane-Hit Town
By David Christopher KaufmanUpdated June 28, 2023 12:32 am ETListen to article(2 minutes)For more than three decades, Shevawn and Simon...
United CEO Faults FAA as Storms Prompt More Flight Cancellations
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Starbucks to Clarify Pride Decoration Rules as Strikes Continue
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Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
Magic Mushrooms. LSD. Ketamine. The Drugs That Power Silicon Valley.
Listen to article(2 minutes)Elon Musk takes ketamine. Sergey Brin sometimes enjoys magic mushrooms. Executives at venture-capital firm Founders Fund, known...
Fox News Names Jesse Watters to Succeed Tucker Carlson as Anchor of 8 P.M. Hour
The network announced a series of changes in prime time; ratings declined after Carlson’s departure in April. Source link
Deadly Fungi Are Becoming More Common And We’re Running Out of Ways to Treat Them
Research suggests fungicides are weakening antifungals before they are up for approval. Source link
Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
Buy Now, Pay Later Programs Are Booming. Here’s Why Their Profits Aren’t.
Buy now, pay later programs boomed during the pandemic as consumers looked for an accessible alternative to credit cards. But...
Starbucks Workers, Citing Pride Decorations, Strike at Some Stores
The tension between the company and some employees over in-store decorations comes amid contract negotiations with unionized stores. Source link
Diners Are Losing Patience With Restaurant Service—and There’s No Quick Fix
Owners are using technology, training and fixed tipping to address staff turnover and shortages. Source link
