The Nasdaq Composite rose in choppy trading on Friday as investors reacted to a stronger-than-expected jobs report that will likely keep the Federal Reserve on
Category Archives: business
U.S. added 372,000 jobs in June, more than expected, as economy defies recession fears
Job growth accelerated at a much faster pace than expected in June, indicating that the main pillar of the U.S. economy remains strong despite pockets of
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an effort to turn around the videogame
After hitting all-time highs, gas prices are finally coming back down
Fears of a global economic slowdown have sent oil prices tumbling recently, less than a month after the national average price of gas in the U.S. reached $5 a
Former Theranos executive Sunny Balwani is convicted of fraud
Former Theranos executive Ramesh “Sunny” Balwani was convicted on fraud charges stemming from his time as COO of the blood-testing company.
Fed sees 'more restrictive' policy as likely if inflation fails to come down
Federal Reserve officials in June emphasized the need to fight inflation even if it meant slowing an economy that already appears on the brink of a recession,
Amazon strikes deal with Grubhub parent, offers free delivery to Prime members
Amazon Prime members can now order food from Grubhub without a delivery fee.
Ben & Jerry's sues parent company over the sale of its Israeli business
Ben & Jerry’s is suing its parent company amid the sale of its Israel business to a local licensee in the Jewish state, effectively circumventing the ice cream
Mortgage demand sinks even as rates drop for second week in a row
Mortgage rates dropped for the second week in a row, but that didn’t revive demand from homeowners or potential buyers.
Nearly 9 million passengers traveled through U.S. airports over holiday weekend
About 8.8 million passengers took to the skies over the holiday weekend, braving delays, cancellations — and higher airfares.