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Economy
Costco reveals Kirkland Signature item price cuts
Costco revealed during a recent earnings call that it has slashed the prices of numerous…
Mortgage rates climb again, hurting demand further
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline…
LL Flooring to close 94 stores as it files bankruptcy
Retailer LL Flooring is filing for bankruptcy and looking to close over 90 of its…
Hawaiian Electric raises going concern risk over Maui wildfire settlement financing
Hawaiian Electric raised a going concern risk in its quarterly earnings report on Friday after…
Chevron exec explains HQ move from California to Texas: ‘tough place to do business’
Chevron's announcement last week that it would relocate its corporate headquarters from California to Texas…
Home prices just fell the most in 2 years
The housing market may finally be shifting in buyers' favor. In a good sign for…
Buffett’s Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Warren Buffett's Berkshire Hathaway is currently sitting on a massive reserve of short-term U.S. Treasury…
After a Pay Boom, Raises Are Shrinking
The era of hefty pay increases is over, and companies are already making plans to…
Credit card debt hits another record high
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting…
Legendary market watcher predicts surprise Fed rate cut
Prominent financial analyst Robert Prechter says he believes the Federal Reserve will make the rare…
Goldman Sachs economists raise ‘limited’ risk of US recession to 25% chance: report
Economists at Goldman Sachs raised the likelihood of the U.S. economy slipping into a recession…
A closely tracked recession signal just got triggered by the July jobs report
The weaker-than-expected July jobs report triggered a reliable recession indicator that Wall Street closely monitors,…
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