Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce…
Category:
Business
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Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an…
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U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street traders sought to…
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Business
CrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
At Berkshire Hathaway’s annual investor meeting earlier this year, Warren Buffett and his top insurance executive Ajit Jain issued a headline-grabbing warning that Berkshire would…
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Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO…
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Business
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of…
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Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when…
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The math seemed impossible, but numbers don’t lie — it was less expensive for Julie Kelley to send her 9-year-old son to seven…
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People are struggling to pay off their credit card debt even as many trim their spending. The share of credit card balances that…
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Business
Delta Airlines cancellations and delays continue but worst of IT outage impact is over, CEO says
Dozens of Delta Air Lines flights were canceled and more than 200 delayed Wednesday as the Atlanta-based carrier continued to recover from last…