Business
See inside Ford’s new tech campus, a century-old Detroit train station restored for $950 million
DETROIT — Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned train station, for decades a...
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Why some major artists are suddenly canceling shows, and in some cases entire tours
A series of tour cancellations and changes by big-name artists has sparked questions about whether the post-pandemic live music boom...
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Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales,...
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Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after...
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The Fed’s preferred inflation measure rose 0.2% in April, as expected
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according...
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Top adviser recommends against Elon Musk’s $56B Tesla pay package
Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package...
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Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according...
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N.Y. Fed President John Williams says inflation is too high but will start coming down soon
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it...
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Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers...
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It was a strong week for retail earnings. That doesn’t spell a consumer comeback
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing...
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