Furniture companies in a rut as fewer people buy big-ticket items
Last week, a pair of furniture retailers said they are experiencing a massive sales drop compared to last year. The end of stay-at-home pandemic trends and a housing market slump are playing a role.
2023-09-10 03:46
America is in a factory boom again. Even a recession may not bring it down this time
On a warm Saturday morning in July, as Kathie Leonard planned to set out on her boat for a day on the water off the coast of Maine, her phone rang. The call was from the head of the Maine Department of Economic and Community Development, asking if Auburn Manufacturing — the specialized textiles maker Leonard runs — would be interested in hosting "the president" in the coming week.
2023-09-10 02:48
FTC Judge Decides Intuit Misled Customers With ‘Free’ TurboTax Ads
The FTC ruled this week that Intuit did in fact decide customers with its ads
2023-09-10 02:29
Wall Street Fears a Too-Hot Economy as Recession Bets Plunge
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any
2023-09-10 02:25
Express CEO Tim Baxter resigns amid declining revenue
Former Tyson Foods executive Stewart Glendinning will be the new CEO of clothing company Express, replacing Timothy Baxter, effective September 15, the company announced.
2023-09-10 00:55
Ex-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned Superyacht
Former Google CEO Eric Schmidt has backed out of purchasing a superyacht that’s been abandoned in Antigua for
2023-09-10 00:49
Poland's political parties reveal campaign programs before the Oct 15 general election
Poland’s conservative governing party and the opposition has showered potential voters with promises as the country's political parties revealed their campaign programs before the Oct. 15 parliamentary election
2023-09-10 00:47
Polish Ruling Party Pledges Lower Retirement Age as Ballot Nears
Poland’s nationalist ruling party will seek to effectively reduce the retirement age, its latest election-campaign promise coming after
2023-09-10 00:45
G20 laments war in Ukraine but avoids blaming Russia
Leaders meeting in Delhi issue an ambiguous statement on the conflict, drawing criticism from Kyiv.
2023-09-10 00:18
Demolition of Marilyn Monroe's former home in Los Angeles is on hold for now
Demolition of the Los Angeles area home where Marilyn Monroe spent her last months has been put on hold by Los Angeles City Council, following a last-minute motion aimed at designating the house a Historic-Cultural Monument.
2023-09-09 23:59
Communiques, Touchdowns and a Grand Slam: Your Saturday US Briefing
Hello. The death toll from the earthquake in Morocco near the tourist hub of Marrakech has risen to
2023-09-09 23:54
Hedge Funds Hurt by Oil’s Dip in First Half Pile Back Into Crude
After being burned by crude’s slump in the first half of 2023, hedge funds are rushing back into
2023-09-09 22:59