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Categories Business

Walmart says more diners are buying its groceries as fast food gets pricey

Author May 17, 2024

Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees

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Categories Business

Netflix ad-supported tier has 40 million monthly users, nearly double previous count

Author May 17, 2024

Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the 23 million figure

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Categories Business

McDonald’s $5 value meal is coming in June — and staying for just a month

Author May 17, 2024

McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four items

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Categories Business

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Author May 17, 2024

Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model

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Categories Business

Netflix inks deal to stream its first NFL games on Christmas Day

Author May 16, 2024

Netflix will stream its first NFL games on Christmas Day. The streaming giant announced Wednesday that it will feature both Dec. 25 matchups

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Categories Business

Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again

Author May 16, 2024

Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the

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Categories Business

Walmart is laying off and relocating hundreds of corporate workers

Author May 16, 2024

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed

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Categories Business

Federal student loans this fall will have the highest interest rate in more than a decade

Author May 15, 2024

The interest rate on many new federal student loans is set to rise to its highest level in more than a decade

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Categories Business

Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady

Author May 15, 2024

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on

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Categories Business

Silver lining for consumers: Food price growth has gone flat and other prices are falling

Author May 15, 2024

Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer

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