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Investing
Dollar-store stocks slide and UBS says Chinese discount websites may be their next challenge
Shares of Dollar General Corp. and its smaller rival Dollar Tree Inc. were lower Tuesday in a continuation of the trend seen since they reported weaker-than-expected second-quarter…
Live sports is coming to Max streaming service in time for the MLB playoffs
Live sports is coming to Max.
Warner Bros. Discovery announced Tuesday it will launch a live sports tier on its Max streaming…
Bankrupt Birmingham braces for cuts as UK government takes control
The UK government has moved to take control of the country’s second biggest city, Birmingham, after the local council effectively declared…
Janet Yellen says she expects soaring oil prices to stabilize
Treasury Secretary Janet Yellen on Monday said she thinks oil prices will stop rising but that the Biden administration is watching carefully. “My…
Thieves stole nearly $200 million from Europe’s largest copper producer
Fraudsters have robbed Europe’s largest copper producer of €185 million ($198 million) worth of the metal, possibly with the help of insiders,…
Why the Fed’s next decisions on rates could lead to a wave of commercial-debt defaults
Getting staff back to the office is only part of the battle. Regional banks that went big lending on office properties also face a ticking time bomb of…
FTX sues Sam Bankman-Fried’s parents over millions in ‘misappropriated’ funds
Bankrupt crypto exchange FTX is suing founder Sam Bankman-Fried’s parents, accusing them of siphoning millions of dollars in company funds to…
Home building sank in August amid crushing mortgage rates
US home building sank in August, dropping 11.3% from July levels, as mortgage rates stayed elevated amid lingering inflation.…