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Best Buy cuts jobs across the country, after warning of slower sales
at 5:26 pm
The retailer cut its sales forecast in late July, saying consumers are skipping over big-ticket items as they get hit by inflation.
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Peloton says it's slashing 780 jobs, closing stores and hiking prices
at 5:18 pm
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.
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Salman Rushdie stabbed in neck in NY attack, ‘Satanic Verses’ scribe airlifted to hospital
at 5:10 pm
Salman Rushdie was attacked at a Chautauqua Institution panel in western New York on Friday.
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Stocks making the biggest moves midday: Peloton, Toast, Illumina and more
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These are the stocks posting the largest moves midday.
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8.2 million people may soon get health insurance rebates up to an average $155 per person
at 4:47 pm
If you qualify for the rebate, you should either receive a check in the mail by Sept. 30 or a discount on your premium.
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House to vote on major climate, tax and health bill, teeing up huge win for Biden
at 4:44 pm
The bill's passage will mark a major win for Democrats and President Joe Biden less than three months before the pivotal midterm elections.
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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.
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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.
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How to pick the best MacBook so you're not overspending for what you don't need
at 3:57 pm
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.
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Biden senior advisor Anita Dunn has to divest investment portfolio worth between $16.8 million and $48.2 million to avoid conflicts
at 3:52 pm
Dunn's financial disclosures show extensive stock, options, bond and private equity holdings — a fortune she and her husband have amassed over the years.
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New Covid-19 guidance from the CDC: Everything you need to know
at 3:37 pm
Over the past few days, the CDC has made changes to its Covid guidance. The agency softened several of its recommendations, including for students.
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Ron Insana: The Fed may have retired 'transitory' too soon to describe inflation
at 3:27 pm
It may be time for the Federal Reserve to revive the word "transitory" after all.
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Polio detected in New York City sewage suggesting local circulation of virus, health officials say
at 3:27 pm
Health officials are aggressively assessing how far polio has spread in the city and in New York state.
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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.
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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.
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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.
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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.
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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.
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Pharma stock investors brace for billions in heartburn drug litigation charges
at 2:27 pm
For many investors and analysts, this ordeal brings back memories of the Bayer Roundup saga.
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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.
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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.
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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
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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.
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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.
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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.
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U.S. is ‘not going anywhere,’ Middle East envoy says, as China’s Xi expected to visit Saudi Arabia
at 1:12 pm
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.
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Trump faces a slew of investigations and lawsuits — and they're heating up as he weighs White House run
at 12:36 pm
The Republican Trump has called the investigations into his conduct politically motivated "witch hunts" by Democratic adversaries.
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Why the U.S. is struggling to modernize the electric grid
at 11:45 am
The overall duration of power interruptions in the U.S. more than doubled between 2015 and 2020.