Best Buy cuts jobs across the country, after warning of slower sales
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The retailer cut its sales forecast in late July, saying consumers are skipping over big-ticket items as they get hit by inflation.
Peloton says it's slashing 780 jobs, closing stores and hiking prices
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Peloton is slashing about 780 jobs, closing a significant number of its retail stores and hiking the prices of some of its equipment in a bid to be profitable.
Salman Rushdie stabbed in neck in NY attack, ‘Satanic Verses’ scribe airlifted to hospital
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Salman Rushdie was attacked at a Chautauqua Institution panel in western New York on Friday.
Stocks making the biggest moves midday: Peloton, Toast, Illumina and more
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These are the stocks posting the largest moves midday.
8.2 million people may soon get health insurance rebates up to an average $155 per person
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If you qualify for the rebate, you should either receive a check in the mail by Sept. 30 or a discount on your premium.
House to vote on major climate, tax and health bill, teeing up huge win for Biden
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The bill's passage will mark a major win for Democrats and President Joe Biden less than three months before the pivotal midterm elections.
3 takeaways from the Investing Club’s ‘Morning Meeting’ on Friday
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The Investing Club hosts its 'Morning Meeting' every day at 10:20 a.m. ET.
DOJ plans to retry Philip Esformes despite Trump commuting sentence of Florida nursing home owner
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Florida nursing homes operator Philip Esformes was one of dozens of criminal defendants who received executive clemency from President Donald Trump.
How to pick the best MacBook so you're not overspending for what you don't need
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Choosing between Apple's MacBooks — the 2020 MacBook Air, the 2022 MacBook Air and MacBook Pro — depends on how much processing power you need and your budget.
Biden senior advisor Anita Dunn has to divest investment portfolio worth between $16.8 million and $48.2 million to avoid conflicts
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Dunn's financial disclosures show extensive stock, options, bond and private equity holdings — a fortune she and her husband have amassed over the years.
New Covid-19 guidance from the CDC: Everything you need to know
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Over the past few days, the CDC has made changes to its Covid guidance. The agency softened several of its recommendations, including for students.
Ron Insana: The Fed may have retired 'transitory' too soon to describe inflation
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It may be time for the Federal Reserve to revive the word "transitory" after all.
Polio detected in New York City sewage suggesting local circulation of virus, health officials say
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Health officials are aggressively assessing how far polio has spread in the city and in New York state.
26% of job switchers regret joining the Great Resignation, survey finds: 'They’ve sobered up'
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Nearly 48 million Americans quit their jobs last year. Now, some are starting to have second thoughts.
Fed's Barkin says rate increases need to continue until inflation holds at 2%
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Despite positive data this week, Richmond Fed President Thomas Barkin said more rate increases will be needed to tamp down inflation.
Shipping container fees are falling around the world, but not in the U.S.
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Port congestion has been a big factor in inhibiting the swift movement of containers out of the ports like New York.
Your iPhone can identify any song with just a tap. Here's how to set it up
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Your iPhone can easily identify any song that's playing with just one tap. Here's how to set it up.
Gas prices dropped below $4 in most states—here's how much a gallon costs where you live
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After nearly two months of steadily declining gas prices, the cost of a gallon is under $4 for the first time since March, in most states.
Pharma stock investors brace for billions in heartburn drug litigation charges
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For many investors and analysts, this ordeal brings back memories of the Bayer Roundup saga.
Samsung exec explains why the company's folding phones are so important to its business
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Samsung's mobile business head said that its foldable phones are convincing consumers to switch to Samsung from other brands.
34% of younger workers are thinking of switching jobs due to company's stance on abortion, post Roe
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LeanIn.Org found that employees across political affiliations agree that access to abortion is a workplace issue as well.
Popular meditation app maker Calm reportedly lays off 20% of employees
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The popular meditation startup Calm, known for its wellness app, has reportedly laid off 20% of its staff
Job unhappiness is at a staggering all-time high, according to Gallup
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Workers are unhappy and disengaged, to a staggering degree, according to Gallup, and it's a big issue for employers that goes straight to the bottom line.
Meet BRILLO, the bartending robot that can make small talk
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Researchers in Italy are developing a bartending robot called BRILLO that uses machine-learning technology to carry on a "focused conversation" with customers.
Every young person should see this chart to understand their 'greatest money-making asset'
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The longer you wait to start investing, the more you sacrifice a valuable investing tool: time.
U.S. is ‘not going anywhere,’ Middle East envoy says, as China’s Xi expected to visit Saudi Arabia
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The U.S. refuted claims that a forthcoming visit by Chinese President Xi Jinping to Saudi Arabia signals America's waning influence in the Middle East.
Trump faces a slew of investigations and lawsuits — and they're heating up as he weighs White House run
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The Republican Trump has called the investigations into his conduct politically motivated "witch hunts" by Democratic adversaries.
Why the U.S. is struggling to modernize the electric grid
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The overall duration of power interruptions in the U.S. more than doubled between 2015 and 2020.