Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors. These so-called pending sales are a forward-looking indicator of closed sales one to two months later. Pending sales were 7.4% lower than in April…
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream…
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to…
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and…
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate…
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s…
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is…
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…