The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists. The economists, le… [+2935 chars]
Ford Motor Company is recalling over 650,000 trucks and SUVs for windshield wiper arms that may break and fail. The 2021 Ford F-150 King Ranch Truck appears at the Ford Built for America event at F… [+1473 chars]
Gap Inc. announced Thursday that the CEO of its Old Navy division, Nancy Green, is leaving the business this week. Gap Chief Executive Sonia Syngal will work closely with the Old Navy team as it sea… [+1239 chars]
The World Health Organization said Friday it "strongly recommended" Pfizer's Covid-19 antiviral pill Paxlovid for patients with milder forms of the disease who were still at a high risk of hospitalis… [+3521 chars]
It still trails Netflix and Disney in subscriber count Illustration by Alex Castro / The Verge Earlier this week Netflix reported quarterly earnings results that showed its subscriber numbers dropp… [+2182 chars]
NVIDIA Corp NVDA shares are trading lower on above-average volume Thursday. Several technology names are trading lower amid a rise in yields. The 10-Year Treasury yield was hovering around 2.9% at la… [+820 chars]
Move over Tesla Model S (TSLA) and Mercedes-Benz EQS (MGB.DE), a new top of the line electric sedan is here. BMW (BMW.DE) took the wraps off its all-new top-of-the-line 7 Series, with three new mode… [+2958 chars]
U.S. Treasury yields climbed on Thursday, with Federal Reserve Chairman Jerome Powell due to make speeches later in the day. The yield on the benchmark 10-year Treasury note rose 9 basis points to 2… [+2324 chars]
Thursday marks the weekly release of the industry's most widely cited mortgage rate survey. All manner of news outlets rely on the survey to generate once-a-week stories. Those have been especially… [+2099 chars]
Carl Icahn released his letter to McDonald's shareholders on Thursday, calling out compensation among the company's top ranks and Wall Street firms for their ESG investing policies. It's the latest … [+2729 chars]
Bitcoin prices edged higher on Thursday but the wider cryptocurrency space was little moved as digital assets face headwinds from a complex macro picture. Bitcoin rose less than 1% over the past 24 … [+228 chars]
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as the… [+7580 chars]
