Retail
Fed president says next move likely to lower rates, but timing uncertain
Federal Reserve Bank of New York President John Williams said the central bank will likely lower interest rates as its next policy action but that the timing of the shift is unclear.
National Debt Tracker: American taxpayers (you) are now on the hook for $34,548,206,284,406.41 as of 5/6/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Renters fear they’ll never own a home: Fed survey
The latest SCEO Housing Survey released by the New York Federal Reserve indicates renters' hopes of someday owning a home have plummeted over the past year.
Board game 'renaissance' rolls dice for industry giant
Hasbro Senior Vice President of Board Games Brian Baker details the industry-wide renaissance and shares how the iconic toy maker is staying competitive.
Hims & Hers CEO walks back praise for anti-Israel protesters after stock drops
Hims & Hers founder and CEO Andrew Dudum said Sunday that his earlier comments praising anti-Israel protesters on college campuses were "misconstrued by some."
Florida man sues Publix, CVS, Costco pharmacies alleging Adderall caused psychosis
A Florida man has sued Publix, CVS Pharmacy and Costco pharmacies and their respective pharmacists after he says he was prescribed Adderall that sent him into psychosis.
Maryland officials say Baltimore Key Bridge rebuild could cost $1.9B
Maryland transportation authorities revealed this week the estimated cost for rebuilding the Francis Scott Key Bridge in Baltimore could be as high as $1.9 billion.
April jobs report breakdown: Which industries hired the most workers last month?
Job growth grew slower than expected in March, as hiring fell flat across many sectors including manufacturing and retail, Labor Department data shows.
US economy adds 175K jobs in April, much weaker than expected
The April jobs report released Friday provided a look at the labor market's health as the economy continues to confront high interest rates and inflation.
Small businesses are racking up credit card debt, raising some concerns
High inflation is forcing more small businesses to rely on credit cards to finance their operations, according to new data published by Bank of America.