News
US consumer confidence continues to drop
U.S. consumer confidence declined in October for the third consecutive month, the Conference Board’s Consumer Confidence Index reported Tuesday. October’s...
UAW strike caused Stellantis $3.2 billion revenue loss
On Tuesday, U.S. auto making giant Stellantis revealed the recent United Auto Workers strike cost the company a reported $3.2...
US home prices rise for seventh consecutive month
According to newly released data from the S&P CoreLogic Case-Shiller US National Home Price Index, U.S. home prices rose .9%...
Shein acquires UK fast fashion brand Missguided
Chinese fast fashion giant Shein has acquired fellow fast fashion brand Missguided from Frasers Group, the company announced Monday. Shein...
McDonald’s reports 14% revenue boost
On Monday, U.S. fast food giant McDonald’s released its quarterly earnings report, revealing that the chain beat analysts’ predictions for...
Fast food chains to raise California prices following minimum wage hike
Popular fast food chains like McDonald’s and Chipotle Mexican Grill will be implementing new price hikes next year in an...
UAW reaches tentative deal with General Motors
On Monday, the United Auto Workers labor union and General Motors announced the two parties have reached a tentative deal...
US pharmacy chain staff to stage walkout
Employees from Walgreens and other U.S. pharmacy chains, like CVS and Rite Aid, are reportedly planning a nationwide walkout between...
Ford shares sink 12% following earnings report
On Friday, U.S. automaker Ford’s stock fell 12% following news that the company had missed earnings estimates in the third...
GM suspends robotaxi service in California
Automaking giant General Motors is stopping its robotaxi service in California, the company announced Thursday. GM, which operates driverless taxi...
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