Category: Business

The so-called K-shaped economy is now linked to “a remarkable increase in food insecurity,” according to a new blog post by the Federal Reserve Bank of New York. Large segments of … Read More

Abercrombie & Fitch posted mixed first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East “directly impacted” sales, the company said.  Despite those challenges, shares jumped … Read More

A map of a GOP proposal to redraw Alabama’s congressional districts is displayed at the Alabama Statehouse in Montgomery, Ala., Tuesday, July 18, 2023. Kim Chandler | AP The state … Read More

Rep. Brian Fitzpatrick, R-Pa., talks with a reporter in the U.S. Capitol’s Statuary Hall on Friday, March 27, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Republicans have … Read More

Palo Alto Networks and CrowdStrike on Wednesday are falling in reaction to cybersecurity peer ZScaler’s earnings debacle the prior evening. The market has recently become more discerning in differentiating AI … Read More

U.S. crude oil prices fell more than 4% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S. … Read More

People walk past a Lululemon store on April 03, 2025 in Miami Beach, Florida.  Joe Raedle | Getty Images Lululemon is ending its feud with founder Chip Wilson.  The athletic … Read More

Foot Locker is slowly getting back to growth, but the costly turnaround of the legacy sneaker store is still weighing on its parent company Dick’s Sporting Goods‘ bottom line, as … Read More

Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new … Read More

A customer fills up a vehicle with fuel at a BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images Former BP … Read More