News
Inflation metric ticked higher in January, meeting expectations
A key metric used by the Federal Reserve to gauge inflation rose in January, but that didn't come as a...
Millennials poised to be ‘richest generation in history’
With the transfer of wealth that’s set to take place over the next ten years, millennials—that is, people born between...
IRS to go after high earners who haven’t filed taxes
The Internal Revenue Service has said it’s hired enough staff to attempt to collect on unfiled high-income tax returns and...
Macy’s to expand Bloomingdale’s while shuttering 150 Macy’s stores
In an effort to reshape its strategy and achieve "sustainable, profitable growth," Macy's announced Tuesday that it's closing 150 Macy's...
Americans feeling uncertain about jobs, purchases
Americans are becoming increasingly uncertain about the economy, as well as the labor market and their finances, according to the...
DOJ launches antitrust investigation of UnitedHealth Group
On the heels of last week's cyber attack against UnitedHealth Group's Optum unit, the Department of Justice has initiated an...
FAA report casts light on Boeing’s safety culture
A panel of experts at the Federal Aviation Administration released a report Monday criticizing the safety culture at aircraft manufacturer...
Pharmacy outage caused by ransomware
The Blackcat ransomware gang, also known as "ALPHV," are the culprits behind UnitedHealth's technology unit outage, said two people aware...
FTC sues to stop Albertsons, Kroger merger
The U.S. Federal Trade Commission is filing a lawsuit to stop grocery chain Kroger's $24.6 billion acquisition of Albertsons on...
Broadcom, KKR nearing $3.8B deal for remote access unit
Private equity firm KKR is on its way to purchasing an end-user computer (EUC) unit from chipmaker Broadcom in a...
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