Fears of an impending recession are forcing rapid grocery delivery companies to slam the brakes on growth. This week, two of the largest instant grocery apps, Getir and Gorillas, announced decisions… [+4689 chars]
Marco Bello/Getty Images News Cathie Wood, CEO and CIO of ARK Invest has jumped back into Nvidia (NASDAQ:NVDA), as the popular fund manager purchased nearly 250K shares on Thursday across three ETFs… [+1402 chars]
So, even the CBO (Congressional Budget Office)—no friend of supply-sliders — acknowledges that the Donald Trump corporate tax cuts worked. CBO notes that any improvement to Medicare's fiscal sit… [+4466 chars]
74 with 57 posters participating Twitter has agreed to pay a $150 million penalty for targeting ads at users with phone numbers and email addresses collected from those users when they enabled two-f… [+5511 chars]
Shares of Iovance Biotherapeutics Inc. IOVA, +2.30% tumbled about 40% in after-hours trading on Thursday. The company had announced new clinical data for its experimental melanoma drug, includi… [+403 chars]
Tokens of Solana (SOL) and Dogecoin (DOGE) dipped the most among the major cryptocurrencies even as bitcoin remained mostly unchanged over the past 24 hours. SOL lost as much as 8% amid a continual … [+2773 chars]
Candy, trail mix and other snacks made with recalled Jif peanut butter are among the growing number of products being pulled from stores and vending machines nationwide as federal health officials in… [+5190 chars]
Facing a combination of high inflation, low unemployment, and unionization efforts Illustration by Alex Castro / The Verge Apple is increasing the amount it pays its retail and corporate employees … [+1885 chars]
NEW YORK, May 26 (Reuters) - Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades. As hi… [+2766 chars]
Dollar stores are riding inflation like pros. Both Dollar General and Dollar Tree reported better sales and profits on Thursday than Wall Street expected. Dollar Generals comparable-store sales rema… [+346 chars]
US real gross domestic product (GDP) shrank at a 1.5% annual rate during the first quarter, more than the preliminary estimate of -1.3%, the Commerce Department reported on May 26. The worst trade pe… [+2719 chars]
Broadcom has signaled its $61 billion acquisition of VMware will involve a rapid transition from perpetual licenses to subscriptions. That's according to Tom Krause, president of the Broadcom Softwa… [+4561 chars]