Former FBI officials Peter Strzok and Lisa Page have settled with the Justice Department over alleged privacy rights violations after the release of their disparaging text messages leveraged by former…
‘History of anger problems’: Jill Biden mocked for hyping president as ‘calm’ and ‘steady’
First lady Jill Biden was blasted on social media on Wednesday after she said during an interview that President Biden is ‘calm’ and ‘steady’ compared to former President Trump, who…
Note to the reader: This is the twenty-third in a series of articles I’m publishing here taken from my book, “Investing with the Trend.” Hopefully, you will find this content…
Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep…
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 to value amid signs U.S. consumers are experiencing spending fatigue.…
Weekly 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 on what had been several weeks of strengthening mortgage demand.…
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker than…
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, some of its spectrum assets and its customers in a…
Why 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 to one maker of computer chips in particular — Nvidia…
McDonald’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 getting started. The burger giant created the spinoff using one of its…