Tag: business news

A federal judge in New York City is set to decide whether Tapestry can merge with Capri, combining six fashion brands under one company. The FTC has sued to block

China’s initiative to boost consumption through trade-ins has not yielded significant results, according to feedback from various businesses. In July, China announced the allocation of 300 billion yuan in ultra-long

The latest data from the Department of Labor shows that the unemployment rate for Black workers decreased in August. Black workers saw their jobless rate drop to 6.1% from 6.3%

American Airlines flight attendants have approved a new five-year labor deal, bringing an end to a contentious contract negotiation. The agreement includes raises of up to 20.5% for cabin crews

In August, Inflation eased to its lowest level since February 2021, marking a trend known as “disinflation” where prices are still rising but at a slower pace. While there are

The U.S. Latino economy has experienced a significant growth of 13%, expanding from $3.2 trillion in 2021 to $3.6 trillion in 2022, as reported by the Latino Donor Collaborative and

Stellantis’ U.S. dealer network has expressed concerns about CEO Carlos Tavares for the company’s recent sales declines and operational decisions that they believe are impacting the automaker’s business. In an

Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted

The U.S. government has surpassed $1 trillion in interest payments on its $35.3 trillion national debt this year, marking a significant milestone, as reported by the Treasury Department. With the

Former NBA player and businessman Ulysses Lee “Junior” Bridgeman is acquiring a 10% stake in the Milwaukee Bucks, in a deal that values the team at $4 billion. Bridgeman, who