Economy Peloton to start charging subscribers with used equipment $95 activation fee by August 23, 2024 by August 23, 2024 Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary… 0 FacebookTwitterPinterestEmail
Economy Philadelphia Fed President Patrick Harker advocates for interest rate cut in September by August 23, 2024 by August 23, 2024 Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way… 0 FacebookTwitterPinterestEmail
Economy July home sales break a four-month losing streak as supply rises nearly 20% over last year by August 23, 2024 by August 23, 2024 Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of… 0 FacebookTwitterPinterestEmail
Economy Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years by August 22, 2024 by August 22, 2024 The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million… 0 FacebookTwitterPinterestEmail
Economy Fed minutes point to ‘likely’ rate cut coming in September by August 22, 2024 by August 22, 2024 Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a… 0 FacebookTwitterPinterestEmail
Economy U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy by August 22, 2024 by August 22, 2024 U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision… 0 FacebookTwitterPinterestEmail
Economy Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy by August 22, 2024 by August 22, 2024 DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans… 0 FacebookTwitterPinterestEmail
Economy Target CEO addresses price gouging accusations in retail by August 22, 2024 by August 22, 2024 There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview… 0 FacebookTwitterPinterestEmail
Economy More than 28% of Americans are searching for new jobs — the highest rate in a decade by August 22, 2024 by August 22, 2024 A new labor market survey shows Americans have rarely felt more in need of new job opportunities — an indication… 0 FacebookTwitterPinterestEmail
Economy European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms by August 21, 2024 by August 21, 2024 The European Union on Tuesday said planned tariffs on Tesla vehicles being imported from China would be cut to 9% from 20.8%, while… 0 FacebookTwitterPinterestEmail