Economy
Nike expects more sales declines as it attempts a comeback
Shares of Nike plunged Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its...
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CNN says 47.9 million people watched the presidential debate across all networks
CNN said Friday that 47.9 million people watched the presidential debate between Joe Biden and Donald Trump across broadcast and...
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Western craze boosts sales of Levi denim dresses and skirts
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that advice...
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Walgreens plans store closures as CEO says consumers ‘stunned’ by prices
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and...
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Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers
The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering...
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YouTube is dominating the living room, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it....
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NFL hit with $4.8 billion in damages over ‘Sunday Ticket’ antitrust case
A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that...
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Walgreens plans store closures as CEO says consumers are ‘stunned’ by prices
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and...
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Warren Buffett gives away another $5.3 billion, says his children will manage estate
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities....
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Key fed inflation gauge cools to its slowest rate in over three years
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate...
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