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Categories Business

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

Author May 2, 2024

Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a

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Categories Business

Trump Media shares rise again, jump 50% in the past week

Author May 2, 2024

Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past

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Categories Business

Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller

Author May 2, 2024

Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in

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Categories Business

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s

Author May 2, 2024

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.

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Categories Business

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Author May 2, 2024

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor

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Categories Business

DJT shares close down more than 9% as Trump Media hot streak stalls

Author May 2, 2024

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

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Categories Business

As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market

Author May 1, 2024

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

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Categories Business

Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts

Author May 1, 2024

Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children

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Categories Business

Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment

Author May 1, 2024

Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers

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Categories Business

Walmart to close 51 clinics as it shutters its entire Walmart Health division

Author May 1, 2024

Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting

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