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Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and...
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- Editor’s Pick
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
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Editor's Pick
French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the...
Editor's Pick
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly...
Editor's Pick
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later...
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The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred...
Editor's Pick
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 has waned slightly, according...
Editor's Pick
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released...
Editor's Pick
Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold their support...
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The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent option starting...
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Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers to consider...
Editor's Pick
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an open...
Editor's Pick
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according to Bank of America CEO Brian Moynihan....
Editor's Pick
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags. The warning affects certain model...
