Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation.
Category Archives: business
Columbia protesters occupying hall face expulsion as school begins suspending other students
The elite university had begun suspending students who failed to leave their pro-Palestinian encampment by the university’s 2 p.m. deadline.
Columbia begins suspending students after deadline to leave protest camp passes
Columbia University began suspending students who defied orders to vacate their pro-Palestinian protest by 2 p.m. Monday, after the school’s president said it would not divest from Israel — a demand that has sparked protests on college campuses across the country.
Study finds it’s cheaper to rent than buy
With higher interest rates and home prices, a recent study found that it is now cheaper to rent a home than to buy one in all 50 of America’s largest cities. CNBC’s Diana Olick reports.
Biden administration to require advanced safety tech on all new cars and trucks
The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade.
Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on
The NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s Olympic Games in Paris as competition for online viewers intensifies.
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue.
As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
People looking to buy or sell a home this spring are paying close attention to mortgage rates.
Asian Americans on TikTok are calling out a ‘SoCal Asian’ superiority complex
Asian American TikTok users have weighed in on a question posed on a recent podcast: Do “SoCal Asians” have a superiority complex?
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Older Americans are fueling a sustained boost to the U.S. economy. Benefiting from outsize gains in the stock and housing markets over the past several years, they are accounting for a larger share of consumer spending.