National Business News
Even before a series of failures rattled regional banks across the United States this year, one knew it needed to enact sweeping changes.
by Max Reyes and Jenny Surane Bloomberg News (WPNS) May 27, 2023Technology stocks powered solid gains for Wall Street on Friday after another chipmaker reported strong demand related to artificial intelligence.
by DAMIAN J. TROISE The Associated Press May 27, 2023Walgreens is eliminating 504 corporate jobs, representing about 10% of the retail pharmacy giant's corporate workforce, the company confirmed late Thursday.
by Lisa Schencker Chicago Tribune (TNS) May 27, 2023U.S. pending home sales stagnated in April as high mortgage rates paired with limited inventory continued to curb buyer demand.
by READE PICKERT BLOOMBERG NEWS (WPNS) May 27, 2023The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the gov…
by PAUL WISEMAN THE ASSOCIATED PRESS May 26, 2023Two nuclear reactors in Georgia were supposed to herald a nuclear power revival in the United States. But the project is seven years late and $17 billion over …
by JEFF AMY The Associated Press May 26, 2023NEW YORK -- Best Buy continued to wrestle with weak consumer demand for gadgets in the first quarter but posted a profit that beat Wall Street expectations.
by ANNE D’INNOCENZIO THE ASSOCIATED PRESS May 26, 2023Aldi's U.S. unit has a message for rival grocers as inflation finally starts to slow: Price wars are coming back.
by Brendan Case Bloomberg News (WPNS) May 26, 2023U.S. applications for unemployment claims rose slightly last week but remain at healthy levels with companies reticent to let go of employees in a tight labor …
by MATT OTT THE ASSOCIATED PRESS May 26, 2023Wall Street's building frenzy around artificial intelligence helped yank the stock market higher Thursday, even as worries worsen about political rancor in Was…
by STAN CHOE The Associated Press May 26, 2023The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a ho…
by ALEX VEIGA THE ASSOCIATED PRESS May 26, 2023As the federal government cracks down on child labor violations, some state lawmakers are embracing legislation to let children work longer hours and in more h…
by HARM VENHUIZEN Associated Press/Report for America May 25, 2023Federal Reserve officials were divided earlier this month on whether to pause their interest rate increases at their upcoming meeting in June, according to the…
by CHRISTOPHER RUGABER The Associated Press May 25, 2023Target once distinguished itself as being boldly supportive of the LGBTQ+ community.
by ANNE D’INNOCENZIO and DEE-ANN DURBIN THE ASSOCIATED PRESS May 25, 2023Ketamine, a drug long used as an anesthetic and illicitly for recreation, has come into increasing usage locally and across the country as a medication against…
by Aaron Gettinger May 25, 2023