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Categories Economy

Extreme heat set to drive home cooling costs to 10-year high, advocates warn

Author June 4, 2024

The average cost of keeping an American home cool from June to September is set to hit $719, nearly 8% higher than

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Categories Economy

Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024

Author June 4, 2024

Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as it leans

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Categories Economy

See inside Ford’s new tech campus, a century-old Detroit train station restored for $950 million

Author June 4, 2024

DETROIT — Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned train station, for decades a symbol of

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Categories Economy

Cucumbers shipped to 14 states recalled over Salmonella concerns

Author June 4, 2024

A produce company is recalling cucumbers it shipped to 14 states over concerns they may be contaminated with Salmonella. Fresh Start Produce Sales

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Categories Economy

Why some major artists are suddenly canceling shows, and in some cases entire tours

Author June 2, 2024

A series of tour cancellations and changes by big-name artists has sparked questions about whether the post-pandemic live music boom could be

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Categories Economy

Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%

Author June 2, 2024

Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that

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Categories Economy

Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May

Author June 1, 2024

The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal

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Categories Economy

The Fed’s preferred inflation measure rose 0.2% in April, as expected

Author June 1, 2024

Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a

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Categories Economy

Top adviser recommends against Elon Musk’s $56B Tesla pay package

Author June 1, 2024

Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold

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Categories Economy

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

Author June 1, 2024

Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of

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