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Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
Shares of Chewy Inc rose nearly 20% in premarket trading on Thursday after the online pet supplies retailer
2023-06-01 20:28
SNB defends raising rates, says not to blame for Credit Suisse failure
SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan's comment referred to another bank and not Credit Suisse,
2023-06-01 20:27
The Fed can't figure out what's happening with the job market
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:26
What to expect from Friday's jobs report
What to expect from Friday's jobs report
Areas of the US economy have started to crack under the weight of persistently high inflation and a string of 10 consecutive rate hikes from the Federal Reserve.
2023-06-01 20:24
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 20:19
Brazil's GDP rises more than expected in first quarter boosted by farm sector
Brazil's GDP rises more than expected in first quarter boosted by farm sector
By Marcela Ayres BRASILIA Brazil's economy rebounded more than expected in the first quarter, boosted by a strong
2023-06-01 20:18
Diddy is suing the co-owner of his tequila for racial discrimination
Diddy is suing the co-owner of his tequila for racial discrimination
Sean "Diddy" Combs is suing Diageo for racial discrimination, claiming that the spirits company that produces DeLeón — the tequila he co-owns with the company — failed to market DeLeón on par with its other brands, including Don Julio and George Clooney's Casamigos brands.
2023-06-01 20:15
Macy's and Costco sound a warning about the economy
Macy's and Costco sound a warning about the economy
Macy's, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.
2023-06-01 19:56
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:55
Florida's homeowner insurance rates are four times the national average. That's not getting better anytime soon.
Florida's homeowner insurance rates are four times the national average. That's not getting better anytime soon.
Hurricane season officially starts Thursday. But no matter how many storms hit Florida this year, the state's residents are already struggling as they try to get homeowners' insurance.
2023-06-01 19:53
Why Are Electric Car Names So Bad?
Why Are Electric Car Names So Bad?
The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying
2023-06-01 19:52
Petrobras Captures Carbon to Ramp Up Gas Production, and Calls It Green
Petrobras Captures Carbon to Ramp Up Gas Production, and Calls It Green
Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed
2023-06-01 19:46
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