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Fed's preferred inflation gauge ticked up in July as likely interest cut looms
The "core" PCE -- which excludes food and energy prices due to their volatility -- rose 2.6%, which was lower than the 2.7% that was predicted.
How one Brazilian judge could suspend Elon Musk’s X
It is the latest chapter in the monthslong feud between the two men over free speech, far-right accounts and misinformation. Many in Brazil are waiting and watching to see if either man...
How a Prada bag inspired Ankur Jain to ditch California and start Bilt Rewards in NYC
"It was so out of touch with not just big problems, but big opportunities," Bilt founder Ankur Jain said of the wacky job offer that pushed him to found Bilt.
Blood, bugs and mold found in Boar's Head plant linked to listeria outbreak that's killed at least 9 people
An inspector noted "a rancid smell" in the raw receiving cooler with "ample amounts of blood in puddles on the floor" during a Feb. 21 visit.
Birkenstock shares plunge more than 15% after sandal maker misses profit estimates
The company has focused on expanding its retail fleet and boosting production, which squashed margins.
Tyson Foods scion arrested for DWI, passing out in stranger's bed replaced as CFO
Tyson Foods said John R. Tyson, son of ChairmanJohn H. Tyson, remains with the company but is currently on health-related leave.
X shutting down its longtime San Francisco headquarters on Friday the 13th: report
The date that Elon Musk's social media site, X, formerly known as Twitter, will officially shutter its longtime San Francisco headquarters has been set, according to a report.
Pavel Durov's Telegram faces EU probe over possible breach of digital rules
The EU is reportedly investigating whether Telegram misrepresented the size and scope of its user base in order to evade regulations.
Apple, Nvidia may invest in OpenAI fundraising that would value ChatGPT maker at over $100B: report
Thrive Capital, the venture capital firm founded by real estate scion Joshua Kushner, is leading the latest fundraising round.
Wells Fargo staffer found dead in cubicle after foul odor complaints — 4 days after scanning into work
An employee said workers had complained of a foul odor when they came back to work after the weekend, but shrugged it off as bad plumbing, according to a report.
Texas sued by environmental activist over 'unconstitutional' anti-ESG law
The American Sustainable Business Council said Senate Bill 13 has harmed its corporate and individual members, despite Texas portraying itself as a business-friendly state.
L'Oréal cosmetics heiress dethroned as world's richest woman — here's the new queen
The new queen has jumped ahead of Bettencourt Meyers, whose net worth was pegged at $89.9 billion by Bloomberg.
Bill Ackman seeks to revive botched Pershing Square USA IPO: report
The 58-year-old tycoon nixed plans to float his highly-touted new fund on the New York Stock Exchange last month after investor demand fell short of his lofty expectations.
Dollar General shares plummet as Walmart, Target take bite out of profit
"To regain foot traffic, Dollar General will likely need to cut prices and increase promotions," an analyst with CFRA Research said.
Judge blasts Google over 'destroyed' evidence as another DOJ antitrust case looms: 'Clear abuse of privilege'
US District Judge Leonie Brinkema shredded Google during a hearing to consider the DOJ’s motion for an “adverse inference” finding against the company for deleting records it was ordered to...
Dow finishes at another record as investors shift Nvidia focus to the economy
The blue-chip index closed at a record for the third time this week.
Megyn Kelly tears into Kamala Harris for dragging Walz along for interview: 'Emotional support governor'
Kelly said that Harris' refusal to agree to an interview until now "doesn't inspire confidence in me as a woman."
Yelp claims Google uses search monopoly to tout its own reviews, 'starve' rivals: lawsuit
The lawsuit claims Google relies on its dominant hold on general search to "divert traffic away from those rivals and toward Google’s own inferior local search product,” according to the...
Pending home sales hit record low in July as high prices sideline potential buyers
"The positive impact of job growth and higher inventory could not overcome affordability challenges and some degree of wait-and-see related to the upcoming US presidential election," NAR's Lawrence Yun said.