Nobel Prize-winning economist Richard Thaler says the U.S. economy appears to be showing more signs of strength than weakness.Story Published at: August 25, 2022 at 02:27PM
Nobel Prize-winning economist says he doesn’t see anything that resembles a recession in the U.S.
Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan
Peloton has pursued sweeping changes, including price hikes and a shift to emphasizing subscriptions, that have yet to fully pay off. Story Published at: August 25, 2022 at 12:11PM
‘Uncomfortable and cold’: Brits might be about to ditch home working as heating bills soar
Working in a cold and uncomfortable house could prompt fewer people to work from home, according to a personal finance analyst.Story Published at: August 25, 2022 at 06:23AM
Unlimited caviar and private space: Airlines are playing catch-up by wooing luxury travelers
Emirates airline announced a more than $2 billion investment to improve its inflight customer experience, with perks such as unlimited caviar.Story Published at: August 25, 2022 at 04:55AM
Chinese EV maker Xpeng teases two new cars — and one will compete with Tesla’s Model Y
Xpeng President Brian Gu said one of the vehicles will launch in the first half of next year and can be considered a “strong competitor” to Tesla’s Model Y.Story Published at: August 25, 2022 at 03:15AM
Jim Cramer expects the June market lows to hold and mark the bottom
The “Mad Money” host said he believes Wall Street’s lows in June will be a durable floor for stocks.Story Published at: August 25, 2022 at 12:02AM
Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
Despite its renewable energy goals, India remains reliant on fossil fuels.Story Published at: August 25, 2022 at 12:37AM
‘Aquaman,’ ‘Shazam’ sequels postponed amid Warner Bros. Discovery slate shuffle
The release dates for the sequels to “Aquaman” and “Shazam” are being shuffled, as Warner Bros. Discovery seeks to cut costs following its pricey merger.Story Published at: August 25, 2022 at 12:19AM
Amazon is shutting down its telehealth service, Amazon Care
Amazon Care launched in 2019 as a pilot program for employees in and around the company’s Seattle headquarters.Story Published at: August 24, 2022 at 11:42PM
Salesforce trims full-year expectations for earnings and revenue
Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.Story Published at: August 24, 2022 at 10:56PM