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Pepsi and Delta say consumers are hunting for value
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that...
Read moreNFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner...
Read moreHe plays rich on screen, but dreams of full-time work: ‘Why can’t I get a living wage?’
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday...
Read moreRate cuts before the year’s end could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers....
Read moreS&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about...
Read moreThe 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. That could make future trips abroad more expensive for the nation’s travelers....
Read moreCostco hikes membership fee for the first time since 2017
You’ll soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it...
Read moreThe 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. That could make future trips abroad more expensive for the nation’s travelers....
Read moreS&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...
Read moreTesla 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. “Tesla acting like a meme stock —...
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Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal
WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion...
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IAC approves spinoff of home improvement marketplace Angi
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it...
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Microsoft CEO Nadella forms new AI group to build and run apps for customers
Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday....
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Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia...
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