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 20:15
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
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
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 19:51
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 19:50
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 19:48
All-Electric Fisker Ocean Extreme Achieves EPA Range of 360 Miles, the Longest of Any New Electric SUV Under $200,000 Sold in the United States Today
LOS ANGELES--(BUSINESS WIRE)--Jun 1, 2023--
2023-06-01 19:27
Renewable energy surges, driven by solar boom and high fuel prices, report finds
The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power
2023-06-01 19:23
India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:23
Boeing CEO 'not overly anxious' about Chinese narrowbody jet
By Valerie Insinna CHARLESTON, South Carolina Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight
2023-06-01 19:18
Dollar General cuts annual forecasts as American shoppers turn cautious
Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by
2023-06-01 19:17
OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
By Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI OPEC and its allies are unlikely to deepen supply cuts
2023-06-01 18:59