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    Economy

    167 posts
    • Economy

    Peloton launching resale market for used bikes, treadmills

    • June 4, 2025
    • admin
    Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes.…
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    • Economy

    Dollar General is shaking off tariff fears and winning over higher-income consumers

    • June 4, 2025
    • admin
    Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt…
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    • Economy

    Tesla’s robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

    • June 4, 2025
    • admin
    Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon…
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    • Economy

    Byron Allen puts broadcast TV stations up for sale

    • June 3, 2025
    • admin
    Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank Moelis & Co. to sell its group of…
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    • Economy

    U.S. foreign tax bill sends jitters across Wall Street

    • May 31, 2025
    • admin
    While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this…
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    • Economy

    Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

    • May 31, 2025
    • admin
    Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is…
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    • Economy

    Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

    • May 30, 2025
    • admin
    Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off…
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    • Economy

    E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

    • May 30, 2025
    • admin
    E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company looks to expand further into…
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    • Economy

    Nvidia results spark global chip rally

    • May 30, 2025
    • admin
    Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 6% higher after the company posted better-than-expected…
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    • Economy

    Macy’s CEO says retailer will hike some prices as tariffs cut into profits

    • May 29, 2025
    • admin
    Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to…
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