Here’s the deflation breakdown for July 2024 — in one chart
Prices in some areas of the U.S. economy have deflated, meaning they've declined. ...
Economy
Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: ‘You know what to do in the stock market’
Former Google CEO Eric Schmidt said in a recent talk at Stanford that, while he isn't giving investment advice, Nvidia…
Warren Buffett did something curious with his Apple stock holding
The identical 400 million share count in Apple and Buffett's oldest and longest position Coca-Cola prompted some to believe he…
Mars to acquire snack maker Kellanova in $36 billion deal
After separating from Kellogg in 2023, Kellanova will become part of Mars Snacking, adding billion-dollar brands Pringles and Cheez-Its to…
Why NASA astronauts are waiting to return on Boeing’s Starliner
Boeing's Starliner capsule "Calypso" has been in space for 71 days and counting as the company and NASA try to…
Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
Applications to refinance a home loan surged 35% last week compared with the previous week, according to the Mortgage Bankers…
Here’s the inflation breakdown for July 2024 — in one chart
The consumer price index has risen 2.9% since July 2023, the lowest annual reading since March 2021.
How Elliott’s monthslong Starbucks campaign got it a better deal than it asked for
Elliott's biggest win this year may be at Starbucks, beginning with private discussions and ending with a CEO change that…
Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco reported its third straight quarter of declining revenue and announced a large restructuring plan that will result in $1…