Consumers Brace for Inflation Rising to 4.3%
A preliminary report from the University of Michigan said U.S. consumers are expecting inflation in the year ahead to hit 4.3%, the highest such »
Boeing warns of hundreds of layoffs amid NASA’s Artemis program delays
Boeing on Saturday warned employees involved in its Space Launch System moon rocket program that it expected to lay off around 400 people. The news comes »
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Amazon is about to pass Walmart in revenue for the first time ever
The clash of the retail titans has entered a new phase: For the first time, Amazon has surpassed Walmart in annual revenue. The online retailer famously »
Fed says 22 Wall Street banks will be stress-tested
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending »