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  Author: Admin

Economy

Consumer spending jumped in July as retail sales were up 1%, much better than expected

August 16, 20240

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported ...

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Earnings

TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold

August 16, 20240

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly 15% in its latest quarter.But...

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Business

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

August 16, 20240

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024.Hyou...

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Finance

Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla

August 14, 20240

The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May 10, 2024.B...

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Economy

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

August 14, 20240

Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even better Wedn...

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Earnings

Home Depot expects sales to weaken as consumers grow more cautious

August 14, 20240

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high i...

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Business

Why Wall Street thinks Brian Niccol is the person to revive Starbucks โ€” and end the Howard Schultz era

August 14, 20240

Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks โ€” and move the ...

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Finance

Container explodes on cargo ship at China’s key Ningbo port

August 12, 20240

An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024.Nurphoto | Nurphoto | Getty ImagesBEI...

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Economy

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

August 12, 20240

A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead ...

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Earnings

Eli Lilly’s blowout quarter should quiet investor concerns about the stock

August 12, 20240

Eli Lilly on Thursday reported a home-run quarter fueled by sales of its blockbuster obesity and diabetes drugs, quieting any lingering investor ...

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