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Categories Business

Why some major artists are suddenly canceling shows, and in some cases entire tours

Author June 2, 2024

A series of tour cancellations and changes by big-name artists has sparked questions about whether the post-pandemic live music boom could be

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Categories Business

Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%

Author June 2, 2024

Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that

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Categories Business

The Fed’s preferred inflation measure rose 0.2% in April, as expected

Author June 1, 2024

Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a

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Categories Business

Top adviser recommends against Elon Musk’s $56B Tesla pay package

Author June 1, 2024

Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold

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Categories Business

Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May

Author June 1, 2024

The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal

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Categories Business

N.Y. Fed President John Williams says inflation is too high but will start coming down soon

Author June 1, 2024

New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start

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Categories Business

Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds

Author June 1, 2024

The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned

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Categories Business

Pending home sales in April slump to lowest level since the start of the pandemic

Author June 1, 2024

Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the

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Categories Business

It was a strong week for retail earnings. That doesn’t spell a consumer comeback

Author June 1, 2024

Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and

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Categories Business

Tesla to recall 125,227 vehicles over faulty seat belt warning system

Author June 1, 2024

Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the

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