Business

Falling mortgage rates may pique the interest of prospective homebuyers. What will Fed rate cuts mean for the housing market?

Does Fed rate cut plus falling mortgage rates equal more affordable housing?

The U.S. Federal Trade Commission is taking legal action against three of the country's largest pharmacy benefit managers, or PBMs.

FTC sues 3 top pharmacy managers over price inflation

Nike announced the sudden retirement of CEO John Donahoe, while 32-year Nike vet Elliott Hill will return from retirement to take the job.

Nike rehires 1988 intern as next CEO. Here are Elliott Hill’s first hurdles.

The EU’s Commission wants to ensure Apple products like iPhones and iPads interact properly with all headphones and smartwatches.

EU to guide Apple in providing support for third-party headphones, watches

Shoppers at a Costco in northern California got a surprise visit from the former first lady, Michelle Obama.

Michelle Obama promotes new healthy kids drink to Costco shoppers

A possible port strike in the U.S. could have a major impact on the global supply chain and cost the U.S. economy billions of dollars.

East Coast ports prep for strike that could cost the US economy billions

The number of underage people drinking nonalcoholic beer, wine, and mocktails in the U.S. is growing.

Should the US implement age restrictions for nonalcoholic drinks?

The eight biggest movie theater chains in the U.S. and Canada — including AMC and Regal — will invest $2.2 billion to make upgrades.

AMC, Regal investing $2.2B to upgrade movie theater experience

The Rainforest Cafe will be coming to New York City's Empire State Building this fall.

After a tease, Rainforest Cafe is actually coming to Big Apple

Israel and Hezbollah are amping up strikes against each other amid fears of an expanding war in the Middle East.

Israel strikes Lebanon as Hezbollah vows revenge for device explosions

Nintendo and the Pokemon Company filed a lawsuit against Pocketpair, accusing the 'Palword' video game maker of patent infringement.

Nintendo, Pokemon Co. sue ‘Palworld’ maker over patent infringement

Olive Garden is teaming up with Uber for food deliveries, after previously only sending employees to deliver on orders over $100.

Olive Garden teams up with Uber Eats amidst sales slump

Conservative talk show host Tucker Carlson has launched a product to compete with popular nicotine pouch Zyn.

Tucker Carlson launches nicotine pouches to compete with Zyn

Nearly 100 years ago, a Danish butter magnate left behind a 20,000 piece collection of coins, notes and medals.

100-year-old coin collection unveiled, shatters auction records

Iranian hackers sent stolen Trump campaign information to people within the Biden campaign.

Iranian hackers sent stolen Trump campaign info to Biden campaign staffers: FBI

The DOJ is suing the owners of the Dali container ship after it collapsed Baltimore’s Francis Scott Key Bridge, killing six people.

DOJ sues over Baltimore bridge collapse, seeks $100 million

Oracle co-founder Larry Ellison briefly eclipsed Amazon's Jeff Bezos to become the No. 2 richest person in the world. But what's Oracle do?

Who’s Larry Ellison and what’s Oracle? Bezos challenged as No. 2 richest

The Federal Reserve cut its key rate by a jumbo 50 basis points Wednesday, attempting to shore up concerns about the U.S. economy.

Federal Reserve cuts rate by 50 bps ending hike cycle that started in 2022

Tupperware, 78-year-old iconic food storage brand, files for bankruptcy

A class-action lawsuit has been filed against YouTube star MrBeast, whose real name is Jimmy Donaldson, and Amazon, by participants of the reality competition show "Beast Games," citing severe mistreatment and unsafe working conditions. The lawsuit, lodged in Los Angeles Superior Court, involves allegations ranging from insufficient wages and unpaid overtime to physical injuries and sexual harassment during the show's production in Las Vegas.

MrBeast, Amazon sued for alleged ‘Beast Games’ reality show abuses

Former President Donald Trump "launched" World Liberty Financial, a cryptocurrency business promoted by members of his family.

Trump boosts his crypto chops with a new private venture

Markets are increasingly betting the Federal Reserve will make a jumbo rate cut at this week’s meeting but other experts say otherwise.

Markets are betting on a supersized rate cut. Why the Fed may disappoint.

A number of YouTube stars report that they want to make kids' lunches healthier, Logan Paul, MrBeast and KSI have teamed up to do just that.

MrBeast, Logan Paul and KSI launch healthy competitor to Lunchables

A new study has found toxic chemicals in common food packaging.

Toxic chemicals entering the human body through food packaging