Tag: business news

Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge

McDonald’s is extending its $5 value meal into December in most U.S. markets to appeal to lower-income consumers. Around 80% of local markets have chosen to continue offering the value

Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce

The European Union has navigated through economic challenges in recent years, including Russia’s war in Ukraine and trade tensions with China, according to outgoing European Commissioner for Economy Paolo Gentiloni.

Millions of DirecTV customers were unable to watch the NFL’s opening “Monday Night Football” game on ESPN due to an ongoing dispute with Disney, the network’s parent company. Disney’s TV

Dutch digital bank Bunq is planning to re-enter the U.K. market to target the 2.8 million British “digital nomads.” The challenger bank is looking to expand globally, including in the

Saudi Arabia’s Minister of Investment, Khalid al-Falih, is addressing skepticism regarding the country’s economic diversification plan and promoting “green shoring” investment opportunities to attract foreign financing. Al-Falih emphasized the comprehensive

As the presidential nominees Vice President Kamala Harris and former President Donald Trump gear up for their first debate Tuesday night, viewers will be eager to hear their plans for

A top Federal Reserve official announced changes to proposed U.S. banking regulations that would reduce the additional capital large institutions must hold by approximately 50%. The regulatory overhaul, known as

The European Union requires up to 800 billion euros ($884 billion) in additional investment annually to meet its competitiveness and climate targets, as stated in a report by economist and