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A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates.The producer price index, which measures selling prices that producers get for goods and services, increased 0.1% on the month, the Labor Department’s Bureau of Labor…
A record-breaking series of auctions of King Charles III banknotes has raised £914,127 ($1.2 million) for 10 UK charities, according to the Bank of England. The banknotes, auctioned by Spink & Sons over the summer, sold for 11.7 times their face value of £78,430 ($100,318), as collectors snapped up some…
Co-authored with Hidden Opportunities Do you enjoy traveling? I personally enjoy undertaking new adventures, exploring new places, and immersing myself in new experiences. Soaking up different cultures and trying exotic cuisines are among my favorite aspects of traveling to new regions. Preparing for the vacation itself is a part that…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Home Depot has slashed its outlook for sales, citing weaker spending from consumers at a time of high interest rates. The US home hardware retailer said comparable sales would fall by 3…
Former President Donald Trump delivered his usual bombardment of false claims – at least 20 in all – during a Monday conversation with billionaire supporter Elon Musk, which aired on Musk’s social media platform, X. Most of the falsehoods uttered by the Republican presidential nominee were claims that have been…
When you think about retirement, you might picture sunny Florida, with its warm climate and retirement communities. But it’s not the best state to retire, according to a new report from Bankrate, which just issued its annual ranking of the best states to retire in the U.S. To create the…
Many first-time homebuyers approach buying a home with enthusiasm but lack the hands-on experience to know what they may face when buying a home for the first time. Nearly 41% of first-time buyers are less aware of the costs associated with owning a home, compared to 31% of buyers who…
Ambitious workers get a lot of advice early in their career about how to get ahead. One common tip is: Be among the first to arrive at the office and the last to leave to show your boss you’re committed to the job.Brianna Doe used to feel that way. When…
Check out the companies making the biggest moves in premarket trading: KeyCorp — Shares of the Cleveland-based regional bank jumped 18% after the announcement of a minority investment from The Bank of Nova Scotia. The deal gives Scotiabank 14.9% of KeyCorp’s common stock for roughly $2.8 billion in cash. Starbucks…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. One of the problems with tech is that it can be really good at narcing. And I don’t mean in the scary Big Brother Thought Police kinda way, more…