Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.
Read More Wall St rises in first trading session of 2025; Tesla slides
Category: Business
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Read More US holiday retail sales stronger than last year, Mastercard says
US core capital goods orders rebound as economy eyes strong end to 2024
New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.
Read More US core capital goods orders rebound as economy eyes strong end to 2024
Starbucks workers’ union set to strike in US cities as talks hit impasse
The workers’ union representing over 10,000 baristas at Starbucks said its members will strike, citing unresolved issues over wages, staffing and schedules.
Read More Starbucks workers’ union set to strike in US cities as talks hit impasse
Seeing low-income consumers squeezed, retailers target $10 and under gifts
Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.
Read More Seeing low-income consumers squeezed, retailers target $10 and under gifts
Honda, Nissan move to deepen ties, sources say, including possible merger
Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
Read More Honda, Nissan move to deepen ties, sources say, including possible merger