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Categories Business

The first Fed interest rate cut in years is on the horizon. Here’s what you need to know.

Author July 30, 2024

The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small

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Categories Business

U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts

Author July 30, 2024

U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led

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Categories Business

Family offices are giving top staff equity, profit shares in battle for talent

Author July 30, 2024

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net

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Categories Business

AT&T, other phone companies sued over stolen nude images could face liability after court ruling

Author July 30, 2024

Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos

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Categories Business

McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation

Author July 30, 2024

McDonald’s ‘$5 Meal Deal’ appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices. The fast-food giant reported profit and

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Categories Business

Apple releases first preview of its long-awaited iPhone AI

Author July 30, 2024

Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails

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Categories Business

Extreme heat makes flying harder. Airlines and airports say they aren’t sweating it.

Author July 29, 2024

It’s been another summer of record-smashing temperatures and record-smashing air travel. Airports and airlines say they can handle both. U.S. airlines expect to

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Categories Business

‘Make Bitcoin Great Again’: Trump and GOP’s presence looms over annual crypto gathering

Author July 29, 2024

NASHVILLE — Charlene Brown arrived at the first full day of Bitcoin 2024 at the Music City Center convention complex with two signs

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Categories Business

Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon

Author July 29, 2024

Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given

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Categories Business

Companies are slashing prices to woo consumers. It’s working.

Author July 28, 2024

Companies are offering deep discounts this summer, and consumers are cashing in on them. From Amazon to McDonald’s and Best Buy to JetBlue,

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