With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. Traders expect a rate cut in September, according to the CME FedWatch Tool,…
Business
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Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose…
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U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street traders sought to reduce their exposure to firms that have…
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Business
CrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
by adminAt Berkshire Hathaway’s annual investor meeting earlier this year, Warren Buffett and his top insurance executive Ajit Jain issued a headline-grabbing warning that Berkshire would exercise caution regarding cyber insurance — in…
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The National Basketball Association has rebuffed longtime media partner Warner Bros. Discovery’s bid to keep airing games after next season. The NBA told the media company it doesn’t believe it holds…
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Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce Department. Real gross domestic product, a measure of…
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People are struggling to pay off their credit card debt even as many trim their spending. The share of credit card balances that are past due reached the highest level…
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Many of America’s largest labor unions have now announced their endorsements of Kamala Harris’ presidential bid, as the vice president intensifies her campaign for the Democratic nomination. Yet some notable…
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DETROIT — General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand’s first EV. The six-month delay in…
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The math seemed impossible, but numbers don’t lie — it was less expensive for Julie Kelley to send her 9-year-old son to seven different summer camps in three states than…