We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The high street store chain said that full-price sales grew […]

(CNN)At first glance, it looks like many Americans got big pay raises since the Covid-19 pandemic started. But in reality, only workers in two industries — leisure and hospitality and retail trade — are actually coming out ahead, once inflation is taken into account. Overall, wages and salaries for private […]

Cape Coral, Florida-based Danny’s Sub and Pizza, doing business as Danny’s Cuban Pizza, is recalling around 19,275 pounds of frozen meat pizza products that were produced without the benefit of federal inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS announced. The recall involves Danny’s Cuban […]

Newly minted Warner Bros. Discovery posted hefty losses and $9.8 billion in revenue at its landmark first earnings report since Warner Media and Discovery formally tied the knot. That April 8 deal marks a major shift in the media landscape with the combined company publicly starting to take shape today. […]

The Bureau of Labor Statistics continues to release positive news about America’s workforce. In June, the national jobless rate was 3.8%, compared to 6.1% in the same month in 2021. The BLS also releases unemployment by state and 389 metros. In June, the figure was better in 288 of these, […]

Shares of Nestle SA were losing more than 1 percent in Swiss trading after the food and beverage giant reported Thursday weak profit in its first half, despite increased sales. Further, the company trimmed fiscal 2022 forecast for underlying trading operating profit margin, but lifted organic sales growth view. For […]

London (CNN Business)The world’s oil-exporting countries have agreed to a tiny increase in output next month amid fears that a global recession will crimp demand. The Organization of the Oil Exporting Countries and its allies — which includes Russia — also known as OPEC+, said on Wednesday that it would […]

South Korean conglomerate SK Group has announced $22 billion in investments in the United States across a broad complex of sectors, including large-capacity batteries, electric vehicle charging manufacturing, semiconductor manufacturing, and pharmaceuticals. This is in addition to the company’s recent announcement of a $7 billion investment in EV batteries. SK […]

Reflecting a sharp increase in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of June. The Commerce Department said durable goods orders shot up by 1.9 percent in June after climbing […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The Monetary Policy Committee voted by a majority of six […]