Weekly jobless claims unexpectedly drop by 16,000
Applications for unemployment benefits in the US fell last week as the labor market continues to show strength despite some weakness in other parts of the economy....
FBI searches home of top FTX executive Ryan Salame: report
The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people...
Bud Light sales plunge 50% at Stew Leonard’s over Mulvaney ads
Tri-State Area grocery chain Stew Leonard’s has seen demand for Bud Light plunge dramatically over the beer brand’s tie-up with transgender influencer Dylan Mulvaney, The...
Bob Iger wanted to buy NBA’s Phoenix Suns before Disney return
Disney boss Bob Iger was prevented from bidding on the Phoenix Suns because of a deep-seated grudge held by the NBA team’s disgraced former owner...
Stew Leonard, founder of famous grocery chain, dies at 93
Stew Leonard, the founder of the famous Connecticut grocery store chain that went by his name, died Wednesday at the age of 93. The businessman...
Jenny Craig warns staffers of mass layoffs, plans to shutter locations: report
Jenny Craig appears to be shedding more than pounds. The weight-loss company warned staffers to look for other employment opportunities as it prepares for potential...
Fed’s preferred inflation gauge stayed high in March
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise...
Weak Fed oversight contributed to SVB’s collapse: probe
Sloppy oversight by Federal Reserve regulators contributed to a rapid failure of Silicon Valley Bank that shook the global banking sector earlier this year, according...
CNN’s Dana Bash blasts LA Times for calling her John King’s ‘ex-wife’
CNN news anchor Dana Bash slammed the Los Angeles Times on Thursday over a headline that referred to her as colleague John King’s “ex-wife” —...
Elon Musk cuts Twitter employees’ parental leave to 2 weeks
Twitter boss Elon Musk has slashed the company’s paid parental leave policy from 20 weeks to just 14 days, according to Internal company documents. The...