Business
Extreme heat is prompting higher home cooling costs. It is also putting some individuals at risk
Amid surging summer heat, the earth reached a new hottest day on record on July 22. That day, the global average temperature...
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Starbucks is reeling as customers go elsewhere, sales decline
Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the...
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Private payroll growth slowed to 122,000 in July, less than expected, ADP says
Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm...
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Boeing taps aerospace veteran Kelly Ortberg to replace Dave Calhoun as CEO
Boeing has named Robert “Kelly” Ortberg to replace CEO Dave Calhoun, picking a longtime aerospace veteran from outside the company as...
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McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation
McDonald’s ‘$5 Meal Deal’ appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices. The fast-food giant...
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Family offices are giving top staff equity, profit shares in battle for talent
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the...
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AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images...
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U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that...
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The first Fed interest rate cut in years is on the horizon. Here’s what you need to know.
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go...
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Budget airline Spirit is trying to go upmarket — and blocking middle seats
Free Wi-Fi? Free checked bag? Free snacks? On Spirit? The Florida-based carrier that is practically synonymous with budget air travel in...
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