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Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears of a...
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- Business News
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Microsoft laying off about 9,000 employees in latest round of cuts
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap
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- World News
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Business News
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get...
Business News
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its...
Business News
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different...
Business News
Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap,...
Business News
Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in...
Business News
The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate...
Business News
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a...
Business News
Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked...
Business News
Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock price,...
Business News
Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market...
Business News
LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the...
Business News
Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494 points,...
Business News
If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner...
