Business

Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters FARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the yet-to-be-certified 777X jetliner,

In this article WBD AMZN Follow your favorite stocksCREATE FREE ACCOUNT Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a customer walks by a sign as they leave a McDonald’s restaurant in San Pablo, California, on April 3, 2023. Justin Sullivan | Getty Images McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its

In this article PENN Follow your favorite stocksCREATE FREE ACCOUNT The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024.  Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPN Bet. CEO Jay Snowden told staff

In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to

Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand.  Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company’s share price, the Wall Street Journal reported Friday, citing

Michelle Mack is taken into custody, Dec. 6, 2023. CNBC The ringleader of a nationwide organized retail crime operation that targeted Ulta Beauty and other major retailers is facing more than five years in a California state prison. Michelle Mack, of Bonsall, California, received a delayed sentence of five years and four months, which be

In this article WBD AMZN DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California.  Mario Tama | Getty Images Netflix reports its second-quarter earnings after the bell on Thursday, and Wall Street will be paying close attention to any details or progress

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019.  Joshua Roberts

International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers — namely high prices and tight supply — but they’re also up against a strong U.S. dollar, which makes the properties even more expensive for them. As a result, international buyers are pulling out. They purchased 54,300 existing homes

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier’s results, but its third-quarter forecast came in shy of estimates as an oversupply of

Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho.  Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable

In this article RCL Follow your favorite stocksCREATE FREE ACCOUNT With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal

Getty Images It’s the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation. So when worldwide events like the Covid-19 pandemic push inflation well above that 2% target, it can be a real shock to consumers. Since hitting 9%

In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Annual Oversight of Wall Street Firms,” in Hart Building on Wednesday, December 6, 2023. Tom Williams

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM CEO and Chair Mary Barra speaks during an “EV Day” on March 4, 2020, at the company’s tech and design campus in Warren, Michigan, a suburb of Detroit. GM General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America

In this article M Follow your favorite stocksCREATE FREE ACCOUNT The Macy’s company logo is seen at the Macy’s store on Herald Square on January 19, 2024 in New York City. Macy’s department-store chain announced that they will be laying off roughly 2,350 employees which is about 3.5% of their workforce. The company says that