The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.
Read More US third-quarter economic growth unrevised at 2.8%
Category: Business
US-based travel companies plan layoffs ahead of 2025
U.S.-based travel companies are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers hits top-line growth.
Read More US-based travel companies plan layoffs ahead of 2025
S&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
Read More S&P 500, Dow touch over one-week highs after business activity data
US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Read More US existing home sales rebound in October
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
Read More Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Lyft to roll out rider verification badges in safety push
Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform.
Read More Lyft to roll out rider verification badges in safety push