U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Category: Business
Wall Street mixed as investors weigh GDP data after tech mauling
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech mauling
Lyft officials settle lawsuit over sexual assaults by drivers
Lyft will implement several safety and governance reforms to settle a shareholder lawsuit regarding drivers sexually and physically assaulting passengers.
Read More Lyft officials settle lawsuit over sexual assaults by drivers
Record house prices depress US home sales in June
U.S. existing home sales fell more than expected in June as the median house price set another record high.
Read More Record house prices depress US home sales in June
McDonald’s extends $5 meal deal at most US outlets into August
McDonald’s $5 value meal offer will be extended to August at most U.S. locations after about 93% of its restaurants voted in favor of the plan.
Read More McDonald’s extends $5 meal deal at most US outlets into August
Wall Street extends rout, CrowdStrike slumps on global tech outage
Wall Street’s main indexes fell on Friday, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike’s shares to an over two-month low.
Read More Wall Street extends rout, CrowdStrike slumps on global tech outage