Bond investors are getting stung again this year. Here's why
The bond market is back in the doldrums after a promising start to 2023.
2023-10-05 19:29
Record online discounts are coming this holiday season
Online shoppers will be offered record-setting discounts this holiday season as retailers attempt to entice inflation-weary consumers to buy, according to projections released Thursday by Adobe Analytics. And the company predicts the strategy will work, with online holiday sales climbing almost 5% above last year.
2023-10-05 17:18
Powerball jackpot soars to an estimated $1.4 billion for Saturday's drawing
The Powerball jackpot soared to an estimated $1.4 billion for Saturday -- which would be the third largest jackpot in the game's history -- after Wednesday night's drawing turned up no grand prize winner.
2023-10-05 13:48
'Sushi terrorism' pranks prompt Japanese chain to turn to cartoon conveyor belts
A Japanese sushi chain targeted in a spate of pranks that has sparked concern over hygiene has devised a digital conveyor belt to serve food to customers.
2023-10-05 12:53
Powerball jackpot winning numbers announced for the estimated $1.2 billion prize. Here are your odds -- and what you could buy
Your dream of buying 400 private jets or some Lamborghini Veneno Roadsters for you and 143 of your closest friends could become reality after Wednesday night's Powerball drawing.
2023-10-05 11:15
Two jobs reports, two different views of the labor market
Almost any economist will tell you they don't have a crystal ball. But using all kinds of fancy (and sometimes not so fancy) models, they make predictions about forthcoming economic data. And oftentimes, economists' consensus forecasts are spot on.
2023-10-05 10:24
Costco is seeing a gold rush. What's behind the demand for its 1-ounce gold bars?
Looking for something to add to your Costco cart along with the 30 rolls of toilet paper
2023-10-05 06:16
Kaiser Permanente workers are on strike. Here's what makes it such a unique health care company
On Wednesday, thousands of unionized health care employees walked off the job after failed contract negotiations with their employer, Kaiser Permanente, a company whose business model is distinctive, compared to most health care providers in the United States.
2023-10-05 03:55
Abercrombie & Fitch says it's 'appalled' by allegations against former CEO, begins investigation
Abercrombie & Fitch says it has launched its own investigation into allegations originally published by the BBC that the company's former CEO, Mike Jeffries, exploited men for sex.
2023-10-05 03:27
$1.2 billion Powerball drawing nears after 11 weeks without a winner
A $1.2 billion Powerball jackpot will again be up for grabs after an 11-week stretch without a big winner but no matter how large the prize grows the odds stay the same — and they’re terrible
2023-10-05 03:17
Trump gets kicked off Forbes 400 list of richest Americans
As Donald Trump scrambles to defend his business empire in court, the former president has suffered another blow: dropping off The Forbes 400 list of the richest Americans.
2023-10-05 02:46
Why you should care about the global rout in government bonds
A slump in government bonds around the world has pushed up the cost of some nations' debt to levels not seen in more than a decade. That's bad news for governments in the red but also for the wallets of millions of mortgage borrowers, stock investors and businesses.
2023-10-05 01:30