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The Latest Breaking News on Business

Suze Orman warns Social Security recipients of a looming threat

The author sounds the alarm about a growing financial danger for retired people.

Capital One cheated customers out of billions, says lawsuit

Capital One cheated customers out of billions, says lawsuit

The bank has a significant legal challenge on its hands.

TikTok Ban: What To Know And Stocks To Watch With Deadline Looming

TikTok Ban: What To Know And Stocks To Watch With Deadline Looming

The TikTok ban will take effect Sunday. What could save the app and how Meta stock, Google and others could benefit.

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Dollar Pressured by Soft US CPI Report

The dollar index (DXY00 ) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, Wednesday’s report showed that the US Jan Empire manufacturing survey of general business conditions unexpectedly...

Chrysler Has Paused Its Electric Crossover Development Program

We're going to have to wait even longer for a Chrysler EV, which is already a few years late. Work on the electric crossover that was set to be revealed next year has been suspended, making its fate seem uncertain.

Struggling popular retailer files for Chapter 11 bankruptcy again

The distressed retail chain files for Chapter 11 bankruptcy, facing macroeconomic headwinds.

“She Doesn’t Have A Case”: Twerking Flight Attendant Loses Job After Viral Clip

"Ghetto till I die." A flight attendant was fired after uploading a video of herself twerking in uniform. In desperation, she set up a GoFundMe page to cover her expenses, but it has been largely ignored so far. The post “She Doesn’t Have A Case”: Twerking Flight Attendant Loses Job…

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The Hyundai Ioniq 5 Still Isn't Eligible For The $7,500 Tax Credit

The Hyundai Ioniq 5 Still Isn't Eligible For The $7,500 Tax Credit

Hyundai is relocating production of the U.S.-market Ioniq 5 to its Georgia "Metaplant." The move will bring production of the electric SUV closer to one of its biggest markets, while also allowing it to qualify for a $7,500 federal clean vehicle purchase incentive. Cars must be built in the U.S.,…

Costco remains committed to DEI. Its CEO told a critic ‘I am not prepared to change’

Costco remains committed to DEI. Its CEO told a critic ‘I am not prepared to change’

The company believes DEI initiatives help its bottom line

The Independent UK

Will Corporate America Put Bitcoin on Its Balance Sheets?

Will Corporate America Put Bitcoin on Its Balance Sheets?

Whether bitcoin (or other cryptocurrency) significantly becomes a treasury asset for many of the world's businesses and corporations is something to watch.

US Tightens Controls On Advanced Chips To Curb Flow To China

US Tightens Controls On Advanced Chips To Curb Flow To China

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.

International Business Times

Surprising trend might be coming to the U.S. housing market

Surprising trend might be coming to the U.S. housing market

Home buyers in these markets may see significant changes soon.

Netflix Earnings Preview: What to Expect From NFLX’s Q4 Report

Netflix Earnings Preview: What to Expect From NFLX’s Q4 Report

Wall Street expects Netflix to report earnings of $4.20 per share, a 99% increase from the $2.11 reported during the same quarter last year.

Razer settles 'deceptive' marketing FTC lawsuit for over $1 million — 6,764 Zephyr mask buyers to get full refunds

Razer settles 'deceptive' marketing FTC lawsuit for over $1 million — 6,764 Zephyr mask buyers to get full refunds

The FTC fined Razer $100,000 for the deceptive marketing of its Zephyr mask and also ordered it to payback a total of $1,071,254.33 to all of its buyers.

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International Business Times

US Consumer Inflation Rises To 2.9 Percent In December

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.

Earnings Preview: What to Expect From Huntington Ingalls' Report

Huntington Ingalls is scheduled to release its fiscal fourth-quarter earnings next month, and analysts project a double-digit profit decline.

What to Expect From Monolithic's Q4 2024 Earnings Report

Monolithic is all set to release its fiscal fourth-quarter earnings next month, and analysts project a double-digit profit growth.

Inflation report shocker upends Fed interest rate bets in 2025

Markets could reset Federal Reserve interest rate cut bets following a surprise December inflation report.

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Altria Group Earnings Preview: What to Expect

Altria Group will release its fourth-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.

Tractor Supply Company's Q4 2024 Earnings: What to Expect

Tractor Supply Company is scheduled to release its fourth-quarter earnings later this month, and analysts expect a single-digit profit decline.

Why Nike Is on The Verge of a Massive Comeback Rally

The team at Piper Sandler just upgraded their rating on Nike from Neutral to Overweight, setting a fresh price target of $90.

Here's What to Expect From International Paper's Next Earnings Report

International Paper is scheduled to report its fourth-quarter and full-year results later this month, and analysts predict its bottom line to fall by double-digits.

Eastman Chemical’s Quarterly Earnings Preview: What You Need to Know

Eastman Chemical is set to release its fourth-quarter results later this month, and analysts are projecting double-digit earnings growth.

FTC Report Reveals Pbms Inflated Drug Prices For Profit

FTC report exposes PBMs inflating drug prices, sparking debate on industry oversight.

TikTokers flock to Chinese alternative

Xiaohongshu, or RedNote in English, has picked up tens of thousands of TikTok users looking for an alternative

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