Business
N.Y. Fed President John Williams says inflation is too high but will start coming down soon
New York Federal Reserve President John Williams on Thursday said inflation is still too…
Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the…
Tesla to recall 125,227 vehicles over faulty seat belt warning system
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its…
It was a strong week for retail earnings. That doesn’t spell a consumer comeback
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary…
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
U.S. consumers and businesses alike have turned cautious about spending this year because of…
Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because…
Orange juice prices are going through the roof — forcing some makers to consider alternative fruits
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the…
McDonald’s exec says average menu item costs 40% more than in 2019
A top McDonald’s executive is weighing in on claims that the company has jacked up its…
IRS announces Direct File as permanent free tax-filing option starting next year
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option…
