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Finance

Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year

March 20, 20250

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on "The Semiannual Monetary Policy Report ...

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Economy

‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts

March 20, 20250

The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank ...

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Earnings

Tencent profit surges 90% as it touts AI revenue boost and ramps up spending

March 20, 20250

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty I...

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Business

NBA may bring back iconic highlight show ‘NBA Inside Stuff’

March 20, 20250

Ahmad Rashad and Willow Bay look on during an Inside Stuff Episode taping circa 1993 in Secaucus, New Jersey.Nathaniel S. Butler | National Baske...

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Finance

Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief

March 18, 20250

A shopper looks at eggs for sale in a grocery store in the Manhattan borough of New York City, Feb. 25, 2025.Spencer Platt | Getty Images News | ...

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Economy

Retail sales increased 0.2% in February, though spending up less than expected

March 18, 20250

Consumers spent at a slower-than-expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite wo...

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Earnings

Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing

March 18, 20250

Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germa...

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Business

Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise

March 18, 20250

Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its de...

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Finance

Goldman Sachs offers its newest option for downside protection in volatile markets

March 16, 20250

Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil.Bryon Lake helped the firm l...

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Economy

Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners

March 16, 20250

Ryan Christiansen, president and head distiller at Caledonia Spirits, giving a tour in Montpelier, VT.Courtesy: Ryan Christianse | Caledonia...

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