Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at $45.16 per share, a loss of $4.77 per share. The company,…
Category:
Editor’s Pick
Editor's Pick
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
by
0 comment
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I call it a ring around the country. We…
Editor's Pick
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
by
0 comment
It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store…
Editor's Pick
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
by
0 comment
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market, according to ADP. The payrolls processing firm…
Editor's Pick
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
by
0 comment
Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She’s planning multiple other…
Editor's Pick
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
by
0 comment
Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers as it faces heightened competition in online shopping.…
Editor's Pick
Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
by
0 comment
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. On Tuesday, the big-box retailer said it…
Editor's Pick
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
by
0 comment
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in 1997, until he became…
Editor's Pick
As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
by
0 comment
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose to 7.17% for the week ended April…
Editor's Pick
Walmart to close 51 clinics as it shutters its entire Walmart Health division
by
0 comment
Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting down. The clinics, located in Arkansas, Florida, Georgia,…