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Categories Business

Federal Reserve minutes indicate worries over lack of progress on inflation

Author May 23, 2024

Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to

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Categories Business

Amazon plans to give Alexa an AI overhaul — and a monthly subscription price

Author May 23, 2024

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of

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Categories Business

Home sales slipped unexpectedly in April despite big gains in supply

Author May 23, 2024

Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized basis, according

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Categories Business

Target says shoppers are buying fewer groceries and home goods

Author May 23, 2024

Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The

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Categories Business

Hims & Hers Health says it will offer compounded GLP-1 injections

Author May 22, 2024

Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The

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Categories Business

Hims & Hers Health says it will offer compounded GLP-1 injections

Author May 22, 2024

Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The

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Categories Business

Nestle to launch frozen pizzas, other foods targeting users of weight-loss drugs

Author May 22, 2024

Nestle is launching a new frozen-food brand, Vital Pursuit, aimed at the growing market of consumers who are using GLP-1 drugs like Ozempic

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Categories Business

Trump Media lost $327.6 million in the first quarter of the year on revenue of just $770,500

Author May 22, 2024

Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of

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Categories Business

Supreme Court Justice Samuel Alito sold Bud Light owner’s stock amid boycott

Author May 22, 2024

Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media

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Categories Business

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Author May 21, 2024

Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull

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