The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer…
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Business
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Inflation may be cooling, but consumers’ outrage over higher prices is running hot. TikTok users blasted Walmart for rolling out digital shelf labels that allow it to quickly raise and lower prices. Wendy’s backpedaled after…
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More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the proposed union has been touted as perfect match by those…
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Business
S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
by adminThe S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer…
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Gasoline prices are still slightly cheaper than this time a year ago, but they’ve been inching up this week. At about $3.51 as of Friday, a gallon of regular costs just a penny less than…
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Cathy Balestriere was expecting “especially low” bookings last month at Crane’s Beach House, the boutique hotel she manages in Delray Beach, Florida. Instead, they jumped 12% from the year before. “It feels like a miracle…
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Boeing will plead guilty to a criminal fraud charge tied to fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said the aerospace giant violated a 2021 settlement that shielded it from prosecution. Under…
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Business
A lack of child care is keeping this 43-year-old mother of four out of the workforce
by adminThis is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Stefanie Longenecker would love to take advantage of rising wages, a strong job market and the…
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Business
Laid off from a nearly six-figure job, this 61-year-old is driving for delivery apps: ‘I don’t get a day off’
by adminThis is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Becky Melvin can usually be found on her phone — but not for the reasons many other…
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The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. The June jobs report, released Friday morning by the Bureau…