Goldman Sachs cancels ‘Summer Fridays,’ wants employees in office 5 days a week
Goldman Sachs boss David Solomon, who has drawn derision from the rank-and-file over the company’s back-to-work…
Discounts at Urban Outfitters are fading, and customers are choosing ‘fashion over price’
Executives at Urban Outfitters Inc. on Tuesday said they expected fewer markdowns in the third quarter,…
U.S. home sales fall in July to a six-month low
Existing-home sales fell to a rate of 4.07 million in July, the National Association of Realtors…
In 2023, this alcoholic drink is more popular than ever
Gallup polling has been asking consumers about their favorite alcoholic drinks for 30 years.
Dick’s Sporting Goods announces hundreds of layoffs ahead of earnings
Retailer Dick's Sporting Goods has cut hundreds of corporate jobs ahead of its quarterly earnings release…
Zoom’s stock pops 4% on strong earnings, guidance
Zoom Video Communications Inc.’s stock climbed in extended trading Monday, after the videoconferencing company topped expectations…
SoftBank’s Arm is going public, but it faces a rapidly growing threat
Arm Holdings is finally going public again as soon as next month, but the chip designer…
Workers are flying high in the sky, not jetting back to the office
Airline travel is surging, showing people aren't staying home. But many companies still struggle to get…
Why investors are back to a ‘grab for yield,’ according to Mizuho strategist
The U.S. economy isn't in the ditch, which is giving a boost to riskier corporate bonds,…
Job seekers are being offered $9,000 more than a year ago, but workers are feeling more insecure
Job seekers are also expecting higher salaries than a year ago, according to the latest report…
China Cuts Benchmark Rate by Less Than Expected
China's benchmark lending rate was lowered by a smaller-than-expected margin on Monday, after the central bank…
Hilary drops torrential rain on Southern California as first tropical storm in 84 years
Owing to cooler ocean temps and a high-pressure system, storms rarely hold enough strength to make…