Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay…
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Business
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BusinessEditor's Pick
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200…
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BusinessEditor's Pick
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to…
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BusinessEditor's Pick
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest…
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BusinessEditor's Pick
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still…
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Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades…
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BusinessEditor's Pick
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that…
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BusinessEditor's Pick
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by…
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Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social…
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BusinessEditor's Pick
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
Strong demand and tight supply continue to push home values higher, even though mortgage rates…