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Jerome Powell says inflation is still too high and lower economic growth is likely needed to bring it down
Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the slowing in price increases...
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Spirit Airlines is canceling flights so it can inspect planes
Spirit Airlines said it is canceling flights so it can inspect 25 of its planes, which will be out of...
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Mortgage demand falls to the lowest level since 1995 as interest rates near 8%
Mortgage rates last week rose for the sixth straight week, causing demand for home loans to drop to the lowest...
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CVS Health to pull decongestants with phenylephrine off shelves
U.S. pharmacy chain CVS Health said on Thursday it is pulling some of the most common decongestants with phenylephrine as the...
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Law firm rescinds job offers to Harvard students over Israel letters
Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three...
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Rite Aid is closing more than 150 stores as part of its bankruptcy process
Rite Aid has announced it will close at least 154 stores as part of its bankruptcy process. The chain had...
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In rare move, Ford executive chair calls on UAW to make a deal and end ‘acrimonious’ talks
DEARBORN, Mich. — Ford Motor Executive Chair Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens...
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United Airlines will debut a new boarding order to save time
United Airlines will change its boarding order next week by letting economy-class passengers who have selected window seats to board before...
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Law firm rescinds job offers to Harvard students who signed Israel letters
Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three...
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Rite Aid bankruptcy means pharmacies will keep dwindling
Rite Aid, the third-largest U.S. drugstore chain, filed for Chapter 11 bankruptcy protection Sunday, and it’s likely the company will...
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