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Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot...
Read moreWeekly mortgage demand drops to three-month low as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact...
Read moreAmerican Eagle profit soars, but sales grow slower than expected
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak...
Read moreT-Mobile to acquire most of U.S. Cellular in $4.4 billion deal
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores,...
Read moreWhy everyone is suddenly talking about Nvidia, the nearly $3 trillion-dollar company fueling the AI revolution
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning...
Read moreMcDonald’s might never expand CosMc’s. But the spinoff could still pay dividends.
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just...
Read moreFTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and...
Read moreStellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected...
Read moreGlobal debt has grown to $315 trillion this year — here’s how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt...
Read moreWhy it seems like everyone you know is going on a cruise
Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the...
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Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’
By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement...
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Trump moves to develop sovereign wealth fund to ‘create value for American citizens’
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist...
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Fox reveals plans to launch subscription streaming service this year
Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content...
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Saudi Arabia contradicts Trump, vows no ties with Israel without creation of Palestinian state
Saudi Arabia said it would not establish ties with Israel unless a Palestinian state is created, shooting down U.S. President...
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