Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
Mortgage rates remain steady despite stock market decline; affordability challenges persist for homebuyers.
Published on: January 30, 2025, 06:01 PM UTC
Justice Dept. sues to block Hewlett Packard Enterprise Co.'s $14 billion acquisition of Juniper Networks Inc., arguing it would harm competition in the market for enterprise wireless equipment.
Published on: January 30, 2025, 06:01 PM UTC
Caterpillar stock fell after Q4 revenue missed expectations, indicating economic contraction. Construction, resource, and energy segments saw declines
Published on: January 30, 2025, 06:00 PM UTC
The US economy grew at a 2.3% annualized pace in Q4 2023, below expectations. Consumer spending and government spending drove growth, while investment declines offset some gains. The core PCE index rose 2.5%, in line with estimates. The Fed remains cautious about cutting interest rates, despite market expectations.
Published on: January 30, 2025, 05:03 PM UTC
Starbucks faces pricing pressures as consumers find cheaper alternatives for coffee. Data suggests a gap between Starbucks' prices and those of its competitors, with some items priced 10-32% lower. The company aims to address this issue through re-evaluating its pricing strategy but acknowledges the challenge ahead. Analysts believe the recent pricing decisions could improve value perception and margins but note that the results will take time to materialize.
Published on: January 30, 2025, 05:02 PM UTC
Comcast's stock dropped after reporting a loss in broadband and TV customers, despite announcing strategic changes and the spin-off of its cable properties to combat cord-cutting and mobile competition.
Published on: January 30, 2025, 05:00 PM UTC
Read the full article to learn about the benefits of using a digital assistant in your business. Discover how it can automate tasks, improve customer service, and boost productivity.
Published on: January 30, 2025, 04:05 PM UTC
Whirlpool's Q4 loss beats estimates, North American sales drop, slashes stake in Indian subsidiary; shares plunge 17%
Published on: January 30, 2025, 04:05 PM UTC
US economy expanded 2.3% in Q4, lifted by consumer spending and despite Boeing strike
Published on: January 30, 2025, 04:04 PM UTC
Billionaire Ambani family wins bidding battle for a stake in the Oval Invincibles cricket team in London, beating out private equity firms and Silicon Valley executives.
Published on: January 30, 2025, 04:04 PM UTC