2 years 6 months ago
The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.
2 years 6 months ago
Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.
2 years 6 months ago
Blackwells Capital says that Mason Morfit's ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.
2 years 6 months ago
The gender pay gap costs Black women nearly $900,000 over a 40-year career. Latina women lose more than $1.2 million, according to a recent report.
2 years 6 months ago
Plus, February's consumer price index came in a little warmer than expected.
2 years 6 months ago
An FAA audit of the Boeing 737 Max's production found "dozens of problems" during a six-week audit, according to a report from The New York Times.
2 years 6 months ago
The home rental giant is also restricting use of outdoor cameras and noise monitoring devices.
2 years 6 months ago
Toymaker Lego on Tuesday released its full-year 2023 results, saying it's revenue grew by 2% throughout the year, in line with expectations.
2 years 6 months ago
Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.
2 years 6 months ago
The IRS on Tuesday fully launched Direct File, a free tax filing pilot program from the agency, for "simple tax situations." Here's what to know.
2 years 6 months ago
As the World Wide Web turns 35, its inventor Tim Berners-Lee has some bold ideas about what it will look like 35 years into the future.
2 years 6 months ago
Valuations of Chinese stocks are "way too low," according to Shaun Rein, founder and managing director of the China Market Research Group.
2 years 6 months ago
Shanti Pereira, better known as Singapore's sprint queen, is "ready" to take a second stab at the Paris Olympics later this year.
2 years 6 months ago
Swedish retail giant IKEA has been cutting prices for some of its items as inflation eases and the cost of raw materials drop globally.
2 years 6 months ago
The U.S. has been ramping up pressure on Chinese companies in recent years, especially in the semiconductor, EV and biotech sectors.
2 years 6 months ago
On a year-over-year basis, headline inflation is expected to show a 3.1% gain and core inflation a 3.7% increase in February.
2 years 6 months ago
Elon Musk's lawsuit against OpenAI claimed the startup breached a "founding agreement" not to keep code private. OpenAI says there never was an agreement.
2 years 6 months ago
Presumptive GOP nominee Donald Trump and President Joe Biden, a Democrat, are on track for a rematch in November of their 2020 election battle.
2 years 6 months ago
Charli D'Amelio, the second-most followed creator on TikTok, is looking to diversify her business as political tension builds.
2 years 6 months ago
Oracle beat on the bottom line in its latest earnings report, though revenue came in a bit light of expectations.
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