Dow drops as hot inflation data fuels rate-hike worries
Wall Street’s main indexes fell more than 1% on Friday as a surge in consumer spending and inflation in January ...
Tag: Business
Fed’s key gauge of US inflation surges at fastest rate since June
The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price ...
Google workers fear new review process will shrink bonuses
Google laid off 11,000 employees last month. Now, Googlers who escaped the bloodbath are stressing out about their bonuses. In particular, the ...
‘Steele Dossier’ firm Fusion GPS tied to bogus rape report against billionaire
A federal judge found last week that Fusion GPS — the opposition research firm that compiled the now-discredited “Steele dossier” that ...
Ozy Media founder Carlos Watson charged with fraud
The founder of the troubled digital start-up Ozy Media was arrested Thursday on federal fraud charges as part of what ...
Egg prices will fall nearly 30% this year, USDA says
Having lingered near record highs for months, egg prices will fall dramatically this year provided the United States does not ...
Biden nominates ex-MasterCard CEO Ajay Banga to head World Bank
President Biden on Thursday nominated business executive Ajay Banga to become president of the World Bank, lauding his experience forging public-private partnerships ...
Domino’s shares tank as inflation slices Q4 pizza sales
Domino’s Pizza missed quarterly sales estimates on Thursday as inflation-hit customers, put off by higher delivery fees, cut back on online orders ...
GDP for fourth quarter revised down to 2.7%
The US economy expanded at a smaller-than-expected 2.7% annual rate from October through December, the Commerce Department said Thursday in ...
NPR to lay off 10% of staff as ad revenue drops
NPR will lay off about 10% of its current staffers and stop filling most vacant positions as it contends with ...
Recent Comments