Business
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold...
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Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation
Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports...
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Mortgage refinance demand jumps to a 2-year high, as interest rates drop
Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed....
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GM to increase production of high-performance Cadillac Escalade V8 SUV
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the...
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John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign
John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest...
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Delta says the Olympics will cost it $100 million as travelers skip Paris
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential...
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Redbox set to close as DVD market withers in streaming’s shadow
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the...
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Pepsi and Delta say consumers are hunting for value
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that...
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He plays rich on screen but dreams of full-time work: ‘Why can’t I get a living wage?’
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday...
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As inflation cools, Social Security could pay out a smaller COLA increase
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on...
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