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Category Archives: business
May home sales increase very slightly, but prices hit another record high
Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors
How Fanatics is teaching business acumen to pro athletes
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field
Fed Governor Bowman favors July interest rate cut if inflation stays low
Federal Reserve Governor Michelle Bowman said Monday she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted
New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
DETROIT — “Mediocrity is not worth the trip.”That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the global automaker.
Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict
Why Arab leaders are quietly backing U.S. strikes on Iran despite public criticism
If Iran had hoped its neighbors would rise to its defense in the wake of unprecedented American and Israeli attacks, that moment may have passed.
How Trump decided to strike Iran
President Donald Trump in recent weeks directed the Pentagon to give him military options for destroying Iran’s nuclear enrichment program.
Oil prices dive, stocks jump as markets seek reprieve from Middle East turmoil
U.S. oil prices retreated from weekly highs as markets assessed the potential for a reprieve in Middle East turmoil following a week of escalating tensions
Trump said Iran’s nuclear sites were ‘obliterated,’ but questions remain about enriched uranium
President Donald Trump said U.S. strikes had obliterated Iran’s key nuclear sites but questions remain about enriched uranium in the Islamic Republic.