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Economy
A stealth inflationary cost is hitting corporate profits and consumer wallets
A stealth inflationary cost is biting into corporate profits.While some companies are now seeing lower input and freight costs, one expense is not falling: insurance.In its…
The S&P 500 is officially in a bull market now. Here’s how long they typically last
It's official. The S & P 500 jumped on Friday to a new record , surpassing the record level set in January 2022. This all-time high confirms the bull market that started in…
This record-breaking market just keeps going higher and higher. Here’s why
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2024. Brendan Mcdermid | ReutersThe stock market keeps scaling new heights as…
American Express CEO says spending is strong, delinquencies are down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022.Stephanie Keith | Bloomberg | Getty ImagesAmerican…
stocks, news, UK inflation and Davos
European stocks close lowerEuropean stocks closed 1.1% lower on Wednesday, with all sectors and major bourses ending in negative territory.Britain's FTSE 100 index ended the…
Stock market today: Live updates
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Tuesday, Jan. 3, 2023.Michael Nagle | Bloomberg | Getty ImagesStocks fell Wednesday as Treasury yields…
Failed JetBlue buyout leaves Spirit Airlines with a tough path forward
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022.Joe Cavaretta | Sun Sentinel | Getty…
Couple spent $0 to launch business from their tiny apartment—now it brings in $26.5M a year and makes money ‘while…
Tessa Barton and Cole Herrmann lived in a 250-square-foot New York studio apartment, with a showerhead that spit brown water and a radiator capable of giving second-degree…
ChatGPT is particularly useful for people in these 3 industries, says OpenAI CEO Sam Altman
Anyone can ask ChatGPT to answer a question or perform a task. But the popular chatbot is particularly useful for workers in three specific industries, according to OpenAI CEO Sam…
‘Shark Tank’ founder fumbled a 6-figure deal due to stubbornness: ‘I’m not willing to…
Sometimes, striving for perfection can stunt your success — or, at least, keep you from landing a six-figure deal on ABC's "Shark Tank."That's what happened to Heather Kelly on…