History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation running at 8.3% as of April, near a four-deca… [+4394 chars]
Forget about holidays! Millions of Americans are putting off retirement as inflation continues to soar and President Joe Biden takes the brunt of the blame. A new survey, conducted by BMO, shows … [+4405 chars]
The automaker will invest $3.7 billion in Michigan, Ohio, and Missouri Photo by Andrew Hawkins / The Verge Ford announced it will invest $3.7 billion in manufacturing facilities in Michigan, Ohio, … [+1266 chars]
New York officials on Wednesday, June 1 celebrated the six-year $8 billion reconstruction of the city's long-derided LaGuardia airport with a brand new Delta Air Lines terminal. Delta's glittering 1… [+2129 chars]
Lululemon customers so far aren't balking at higher prices on the retailer's leggings and sports bras, Chief Executive Officer Calvin McDonald said Thursday. The athletic apparel maker reported fisc… [+3435 chars]
The labor costs in the U.S. rose sharply in the first three months of the year, reflecting the highly inflationary environment and adding even more upward pressure on consumer prices. Unit labor cos… [+2154 chars]
Shares of Microsoft Corp. MSFT, -2.22% sank 2.5% in premarket trading Thursday, after the software behemoth lowered its fiscal fourth-quarter guidance for profit and revenue to reflect and "unf… [+676 chars]
DUBAI/LONDON/RIYADH, June 2 (Reuters) - Saudi Arabia and other OPEC states may boost oil production to offset a drop in Russian output, a move that could ease sky-high oil prices and surging inflatio… [+4996 chars]
The patient, who is from Mexico, was born with microtia, a rare birth defect that causes the auricle, or external part of the ear, to be small and malformed (it also can affect hearing in the ear). W… [+1759 chars]
The SECs attempt to inform the public about the potential pitfalls of investing in so-called meme stocks infuriated some Redditors this week with users on WallStreetBets and other boards grumbling th… [+2593 chars]
Check out the companies making headlines before the bell: Hormel (HRL) Hormel added 1.7% in premarket trading after beating top and bottom-line estimates for its latest quarter. The company behind t… [+2514 chars]
Job creation at companies decelerated to the slowest pace of the pandemic-era recovery in May, payroll processing firm ADP reported Thursday. Private sector employment rose by just 128,000 for the m… [+2384 chars]