Posted inBusiness
Inflation picks up again in June as tariffs slowly work their way through U.S. economy
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their…
Posted inBusiness
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that…
Posted inBusiness
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen…
Posted inBusiness
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker…
Posted inBusiness
Is a Chinese chain’s blood orange cold brew the future of coffee in America?
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only…
Posted inBusiness
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer…
Posted inBusiness
Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect…
Posted inBusiness
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap
Apple has accused a former engineer for its Vision Pro headset computer of stealing company…
Posted inBusiness
As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs
Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and…
Posted inBusiness
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical…