Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO called the current slowdown in the home goods category…
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Business
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The United Auto Workers has endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement shouldn’t be surprising. UAW…
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Business
Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’
by adminIf the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for…
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Business
Babies R Us is back: Here’s why Kohl’s is betting on babies to drive its turnaround
by adminWOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer is opening Babies R Us shops in its existing stores…
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Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more…
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Business
Extreme heat is prompting higher home cooling costs. It is also putting some individuals at risk
by adminAmid surging summer heat, the earth reached a new hottest day on record on July 22. That day, the global average temperature was almost 63 degrees…
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While the best state to retire in the U.S. is also one of the smallest in the country, the worst state to retire is the…
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Boeing has named Robert “Kelly” Ortberg to replace CEO Dave Calhoun, picking a longtime aerospace veteran from outside the company as the manufacturer struggles…
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Business
Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
by adminDETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs…
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Boeing has named Robert “Kelly” Ortberg to replace CEO Dave Calhoun, picking a longtime aerospace veteran from outside the company as the manufacturer struggles…