A customer pushes a shopping cart toward the entrance to a Lowe’s store in Concord, California,…
Category: Economy
Moskvich: Russia needs cars, so it’s restarting this Soviet-era brand
Little is known outside the former Soviet Union and its dependent countries, Moskvich was founded around…
Powell says the Fed won’t hesitate to keep raising rates until inflation drops
US Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on its “Semi-Annual…
Musk Links Deal Progress To Proving Annoying Bots Sharing On Twitter
It seeks to prove that spam bots account for less than 5% of users Twitter says…
This Illinois company just sold for $3 billion, but hundreds of employees took a cut. Some will get $800,000. – Chicago Tribune
When private equity firm KKR announced Monday’s $3 billion sale of CHI Overhead Doors to steel…
Gas worth $5 may spread widely as prices reach another record high
Gas prices are now 27% higher than the day before Russia invaded Ukraine. Andy Lipow, president…
After 32 years, McDonald’s plans to sell its business in Russia
After more than three decades in Russia, McDonald’s – an icon of American lifestyle and capitalism…
Covid lockdowns affect retail data and industrial production
The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced…
Amazon’s Bezos slams Biden’s supervisor, says inflation hurts the poor
Amazon founder Jeff Bezos arrives to meet British Prime Minister Boris Johnson at the British diplomatic…
Coinbase Sues Customers Who Lost ‘Countless Millions’ To Unknown Crypto Project: Report
Coinbase, the largest US cryptocurrency exchange, is said to be facing a lawsuit to provide trading…