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Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat

Trump’s tariffs on Brazil could make your coffee even more expensive

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

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

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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Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

August 22, 2024

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which

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U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy

August 22, 2024

U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds

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Fed minutes point to ‘likely’ rate cut coming in September

August 22, 2024

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a September cut

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Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy

August 22, 2024

DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a

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Target CEO addresses price gouging accusations in retail

August 22, 2024

There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview on CNBC’s “Squawk

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More than 28% of Americans are searching for new jobs — the highest rate in a decade

August 22, 2024

A new labor market survey shows Americans have rarely felt more in need of new job opportunities — an indication of a

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European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms

August 21, 2024

The European Union on Tuesday said planned tariffs on Tesla vehicles being imported from China would be cut to 9% from 20.8%, while also reducing

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Starbucks’ new CEO will supercommute 1,000 miles from California to Seattle

August 21, 2024

Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee

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How the Inflation Reduction Act sparked a manufacturing and clean energy boom

August 20, 2024

The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in

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    Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

    The Federal Reserve has brought in its inspector general to review a building expansion that has...

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    Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat

    LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some...

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    Trump’s tariffs on Brazil could make your coffee even more expensive

    President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee...

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    Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

    What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy...

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    White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

    President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome...

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    Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to...

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