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Categories Business

Mortgage rates are now at the highest level of the year and could still climb

Author April 19, 2024

The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just

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Categories Business

FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved

Author April 18, 2024

The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier as a result

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Categories Business

Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem

Author April 18, 2024

Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved efficiency and

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Categories Business

How In-N-Out Burger’s president runs her fast-food empire: Keep it simple, affordable and close

Author April 18, 2024

In-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades, the West Coast restaurant

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Categories Business

Tesla asks shareholders to vote again on Musk’s $56 billion payout

Author April 18, 2024

Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this

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Categories Business

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 17, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Business

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Author April 17, 2024

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s

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Categories Business

Tesla will lay off more than 10% of global workforce

Author April 17, 2024

Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares

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Categories Business

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 16, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Business

Trump Media shares plunge after company files to issue additional DJT stock

Author April 16, 2024

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic

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