Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:45
Pence unveils economic proposal that includes eliminating EPA and CFPB
Former Vice President Mike Pence on Wednesday released an economic proposal to tackle high inflation that includes cutting government programs, the Environmental Protection Agency and President Joe Biden's incentives aimed at curbing impacts of climate change.
2023-07-27 07:22
Anheuser-Busch to lay off employees after Bud Light loses spot as top-selling beer to Modelo in May
Beer maker Anheuser-Busch said Wednesday that it will lay off positions across its US corporate staff.
2023-07-27 06:19
Three takeaways from Fed Chair Powell following July hike decision
Roughly every six weeks Federal Reserve Chair Jerome Powell delivers a report card that rates the economy's future performance. Here's what the latest one showed.
2023-07-27 05:56
DeSantis appointees reach deal with Disney World's firefighters, capping years of negotiations
The board of Walt Disney World’s governing district now filled with Gov. Ron DeSantis appointees has approved a contract for its firefighters, ending years of contentious negotiations
2023-07-27 03:26
Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations
US prosecutors asked a federal judge to detain former FTX CEO Sam Bankman-Fried over allegations of witness-tampering.
2023-07-27 02:52
Larry Summers slams Biden economic agenda as 'increasingly dangerous'
Larry Summers, the former Obama and Clinton official, slammed parts of Biden's economic agenda as "increasingly dangerous" this week, saying it could end up causing higher prices for Americans.
2023-07-27 01:28
Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
2023-07-26 23:54
Gasoline prices are spiking. That's a problem for Powell and the Fed
Prices at the gas pump are suddenly surging, causing headaches for consumers and central bankers alike.
2023-07-26 23:21
The responsible investing boom is over. Can anything replace ESG?
Environmental, social and corporate governance, or ESG, investing is on a downward spiral.
2023-07-26 19:54
Edmunds compares: 2023 Honda Accord vs. 2023 Kia K5
The Honda Accord, fresh from a recent redesign, is back to take on the South Korean equivalent, the Kia K5
2023-07-26 18:54
Euro zone lending slows further as rate hikes bite
FRANKFURT Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher
2023-07-26 16:29