Business
The Fed may soon cut interest rates. That could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers....
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Costco hikes membership fee for the first time since 2017
You’ll soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it...
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Tesla is the new meme stock, according to one billionaire investor
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a meme stock —...
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S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech
The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor...
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Walmart is opening five automated distribution centers as it tries to keep its grocery dominance
Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases...
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People are earning more from side gigs and needing them less
Side hustlers are hustling a little less but making more when they do. About 36% of U.S. adults say they...
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Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth....
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Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats
The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain...
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UiPath to lay off 10% of workforce in companywide restructuring
UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a...
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Job scams surged 118% in 2023, aided by AI. Here’s how to stop them.
Employment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting job seekers, experts said....
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