Politics
Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock as he departs Chipotle
Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior...
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Trader Joe’s recalls 653,000 scented candles due to fire hazard
Trader Joe’s is recalling 653,000 scented candles because they pose an elevated fire hazard. In a release on the Consumer...
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United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader
United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat...
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Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year
It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did,...
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FTC bans fake online reviews, inflated social media influence; rule takes effect in October
The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading...
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What recession? Walmart says consumers are still spending
Walmart remains cautious about the financial health of its shoppers, but executives at the retail giant do not see a...
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Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries
WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,”...
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Inflation rate falls to 2.9% in July, adding to signs that surging prices have abated
Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped...
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Surging grocery prices have settled down, but shoppers are still adjusting
Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of...
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Some experts have raised the odds of a recession. Here’s how much you should have in emergency savings.
As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60%...
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