A new law in Vermont — the first of its kind in the U.S. — will require fossil fuel companies to pay for a share of the costs of extreme weather fueled by climate change.
Category Archives: business
Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely around expectations.
Trump supporters try to doxx jurors and post violent threats after his conviction
Donald Trump’s guilty verdict let his supporters to post threats of violence and attempt to doxx jurors in the hush money case.
Costco says gold buyers are helping drive up its online sales
The retailer’s e-commerce sales jumped 20.7%, “led by gold and silver bullions, gift cards and appliances,” continuing a run of strong demand for its precious metal products.
Inside the long legal trail to this week’s big verdict
For years, it was known as the “zombie” case within the Manhattan District Attorney’s Office.
It was a strong week for retail earnings. That doesn’t spell a consumer comeback
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors.
Biden announces new Middle East cease-fire proposal
President Joe Biden outlines a new three-phase proposal designed to end fighting between Israel and Hamas. The plan includes a total cease-fire, return of all hostages and rebuilding of Gaza.
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown.
The Fed’s preferred inflation measure rose 0.2% in April, as expected
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by the Federal Reserve.
Top adviser recommends against Elon Musk’s $56B Tesla pay package
Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold their support from the re-election of News Corp.