Cash in money market accounts at record level as rate cuts loom
Investors' cash stockpiled in money market account accounts hit a record $6.24 trillion in August, though looming interest rate cuts…
Labor Day 2024: What to expect for gas prices before you hit the road
Projected Labor Day travel across the U.S. is up 9% compared to a year ago. The good news for those…
Lululemon cuts guidance, misses sales estimates after botched product launch
Lululemon's growth in its largest market, the Americas, has slowed from the highs it saw last year as it contends…
FDA authorizes Novavax’s updated Covid vaccine, paving way for fall rollout
The decision comes only a week after it approved a new round of messenger RNA shots from Pfizer and Moderna,…
Vance grilled on high cost of Trump’s new IVF plan
Vance was grilled about how Donald Trump would pay for his new plan to make the government or private insurers…
Alibaba shares rise after it completes three-year regulatory overhaul
Alibaba has completed a three-year regulatory "rectification" process after an antitrust fine it received in 2021, China's market regulator said…
Intel working with bankers to present board with strategic options, sending shares up 8%
The advisors are likely to present their findings to Intel's full board in September, with a variety of options including…
Where are low-cost airlines cutting back now? New planes
Some discount and low-cost airlines are looking to put off big expenses on ...
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
The PCE price index was expected to rise 0.2% in July and 2.5% from a year ago, according to the…