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Categories Business

Microsoft plans September cybersecurity event to discuss changes after CrowdStrike outage

Author August 25, 2024

Microsoft said Friday it will hold a conference in September for cybersecurity firms to discuss ways the industry can evolve following a faulty CrowdStrike software

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Categories Business

Fed Chair Powell says ‘time has come’ for interest rate cut

Author August 24, 2024

Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future

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Categories Business

How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says

Author August 24, 2024

Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are

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Categories Business

DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high

Author August 24, 2024

The Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a

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Categories Business

Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company

Author August 24, 2024

DETROIT — Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that

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Categories Business

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Author August 23, 2024

The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its

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Categories Business

Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.

Author August 23, 2024

Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz credited a particular

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Categories Business

Peloton to start charging subscribers with used equipment $95 activation fee

Author August 23, 2024

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as

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Categories Business

Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

Author August 23, 2024

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September. Speaking to

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Categories Business

July home sales break a four-month losing streak as supply rises nearly 20% over last year

Author August 23, 2024

Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million

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