business news

Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch

Western boots have a new protector in Beyoncé. The country fashion staple’s sales surged more than 20% in the week…

Trump tries to boost support for Truth Social as DJT stock tanks

Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock…

BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal

BlackRock CEO Larry Fink predicted Friday that the Federal Reserve likely will still cut interest rates this year but won’t…

Marjorie Taylor Greene won’t say what happened to her Trump Media stock

A media company with ties to former President Donald Trump is off to a rocky start with share prices tanking…

90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says

The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…

Trump Media shares end week down nearly 20%, losing billions in market cap

The price of Trump Media shares closed trading Friday down nearly 20% for the week. DJT shares, which dropped by…

The West urges China to intervene with Iran amid fears of a direct attack on Israel

Western diplomats have mounted pressure on China to prevent Iran from escalating tensions in the Middle East with a direct…

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.…

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and…