Deflation: Here’s where prices fell in December 2023, in one chart
Extreme-photographer | E+ | Getty ImagesAs inflation continues to throttle back across the broad U.S. economy, some consumer categories have ...
Tag: business news
Airline stocks tumble after Delta trims profit forecast
Delta Air Lines shares slipped about 9% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per ...
Bitcoin losses accelerate following ETF launch, ether posts a 15% gain on week
Bitcoin slid on Friday to end an otherwise momentous week for the cryptocurrency, with the launch of 11 bitcoin exchange-traded ...
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce ...
Tesla stock under pressure from Red Sea delays, rising labor costs, price cuts
An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle.Patrick Pleul ...
Discord cuts 17% of workforce, joining growing list of tech companies downsizing to start 2024
The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021.Jaap Arriens ...
JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight ...
CVS to close ‘select’ pharmacies in Target stores in the coming months
CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail ...
Tesla raising factory worker pay in U.S. following UAW victories in Detroit
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022.Josh Edelson | AFP | Getty ...
Coinbase, Robinhood shares are lower despite bitcoin ETF approval
SAN ANSELMO, CALIFORNIA - JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June ...
