Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online grocery business grows.
Category Archives: business
Tesla is the new meme stock, according to one billionaire investor
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors.
S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech
The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor stocks led the market higher.
Costco hikes membership fee for the first time since 2017
You’ll soon have to pay more if you want to shop at Costco.
People are earning more from side gigs and needing them less
Cooling inflation and a solid job market have made side-hustle income a bit less essential for many workers, a new Bankrate survey finds.
CBS News president resigns after less than a year at the helm
Ingrid Ciprián-Matthews, who has been president of CBS News since August, announced her resignation Wednesday morning.
Baltimore bridge collapse survivor: ‘I thought I wouldn’t come out of the water’
Speaking out for the first time since the catastrophic bridge collapse in March, Julio Cervantes Suarez describes to NBC News’ Tom Llamas his fight to survive after he was thrown from the Francis Scott Key Bridge while working. Six other members of the maintenance crew were killed, and even though he didn’t know how to swim, he was eventually rescued from the chilly waters of the Patapsco River.
Senators push stock trading ban to prevent lawmakers from profiting from insider knowledge
A bipartisan group of senators announced a deal on a congressional stock trading ban aimed at preventing members from profiting from insider knowledge.
The fastest-growing streaming networks have on-demand content for free — and you may not have heard of them
At a moment when many consumers’ wallets are stretched to the breaking point, TV viewers have begun flocking to a group of streaming services that don’t cost a dime.
The Fed may soon cut interest rates. That could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end.