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Business

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2d ago

FedEx is raising its shipping prices to battle slower growth

Expect to pay more for FedEx Express, FedEx Ground and FedEx Home Delivery service starting in January.
A bicyclist rides past a FedEx truck on Sept. 16, 2022 in Miami Beach, Fla.
A bicyclist rides past a FedEx truck on Sept. 16, 2022 in Miami Beach, Fla.
2d ago

Americans will pay more for heat this winter, and it's not just because of inflation

A cold winter last year and a hot summer this year have conspired to send natural gas prices soaring.
Image: Winter
Image: Winter
2d ago

Dow drops nearly 500 points to close at new low for 2022 on rising recession fears

Friday marked the fourth negative session in a row for the major averages.
Image: Traders work on the floor of the New York Stock Exchange (NYSE) on Sept. 16, 2022 in New York City.
Image: Traders work on the floor of the New York Stock Exchange (NYSE) on Sept. 16, 2022 in New York City.
2d ago

Latinos are 'vastly' underrepresented on corporate boards

The gap is even more stark when it comes to Latinas.
Shot of an empty boardroom at work
Shot of an empty boardroom at work
3d ago

Boeing pays $200 million to settle SEC charges over 737 Max safety claims

The SEC charged the aircraft maker and its former CEO with making misleading statements about the plane, which was implicated in two crashes that killed 346 people.
Image: Boeing Prepares For FAA Approval For The 737 Max To Fly Again
Image: Boeing Prepares For FAA Approval For The 737 Max To Fly Again
3d ago

Best buyer's market in years? Interest rate hikes may not slow down holiday shoppers

Factors including low unemployment and the potential for big discounts mean this holiday season is shaping up to be another busy one.
People carry shopping bags in New York on Oct. 24, 2021.
People carry shopping bags in New York on Oct. 24, 2021.
3d ago

How raising interest rates helps fight inflation and high prices

As of September 21, the Federal Reserve has increased the key interest rate five times this year as the price of consumer goods keeps rising.
A driver pumps gas at an Exxon Mobil gas station on June 9, 2022, in Houston.
A driver pumps gas at an Exxon Mobil gas station on June 9, 2022, in Houston.
3d ago

Tesla to recall 1M vehicles because closing automatic windows may exert 'excessive force'

The recall covers some 2017-22 Model 3, 2020-21 Model Y and 2021-22 Model S and Model X vehicles.
CHINA-TESLA-AUTOMOBILE-RECALL
CHINA-TESLA-AUTOMOBILE-RECALL
3d ago

Bank of England hikes rates but avoids more aggressive steps to tame inflation

The bank matched its half-point increase last month — the biggest in 27 years — to bring its benchmark rate to the highest level in 14 years, at 2.25%.
Image:
Image:
4d ago

Federal Reserve raises key interest rate by 0.75% in ongoing inflation fight

The Fed is trying to slow the economy to rein in galloping inflation, which has been sitting at 40-year highs since the beginning of the year.
Image: Jerome Powell
Image: Jerome Powell
4d ago

Walmart plans to hire 40,000 workers for the holiday season

The seasonal hiring total is smaller than it was last year, when Walmart added 150,000 mostly permanent and full-time associates.
Image: Walmart
Image: Walmart