Business

940 articles published

Big Mac Index Turns 40 and Remains a Tool for Measuring Currency Values

The informal economic indicator shows burgers are still cheaper across Asia, where the U.S. has accused several countries of currency manipulation.

Jul 31, 2026

State Department Renews Bahamas Travel Warning Citing Violent Crime and Water Hazards

The Level 2 advisory, renewed this week, warns Americans that armed robberies and sexual assaults can occur anywhere in the island nation.

Jul 31, 2026

Federal Reserve Dissenters Push for Rate Hikes to Fight Persistent Inflation

Three Fed officials voted against holding rates steady, saying small hikes now could prevent more drastic moves later.

Jul 31, 2026

Exxon and Chevron Profits Surge as Iran War Pushes Oil Prices Higher

U.S. crude averaged $92.45 per barrel in the second quarter, a 27% increase over the first three months of 2026.

Jul 31, 2026

Live Nation Reports Record Ticket Sales Despite Online Talk of Tour Cancellations

The concert giant said artists are not abandoning shows at higher rates than normal, pushing back against viral claims that spread across social media.

Jul 30, 2026

Japan Intervenes in Currency Markets as Yen Surges More Than Three Percent

The move came just ahead of a Bank of Japan policy decision and marked the largest single-day gain for the yen in more than two years.

Jul 30, 2026

Xbox Chief Asha Sharma Sets 2030 Target to Beat Sony and Nintendo on Margins

Sharma, who replaced Phil Spencer in February, laid out the plan in a Thursday memo that included expanded investment in Minecraft and a push into casual games.

Jul 30, 2026

Amazon Receives 600 Million Dollars in Tariff Refunds and Plans Customer Returns

The Supreme Court ruled Trump's IEEPA tariffs were illegal in February, triggering a government repayment process that affected major retailers including Amazon.

Jul 30, 2026

Taco Bell Sales Drop 2 Percent After Cyclospora Parasite Outbreak

CEO Chris Turner said sales are already recovering, with a roughly 50 percent rebound over the last four days compared to the worst declines.

Jul 30, 2026

Microsoft Stock Jumps 15 Percent After Azure Tops 100 Billion Dollars

The company's cloud revenue hit a record in the fourth quarter, and capital spending came in below analyst expectations.

Jul 30, 2026

U.S. Economy Grew Just 1.5 Percent in Second Quarter of 2026

Inflation held at 3.7 percent annually in June, well above the Federal Reserve's 2 percent target, as energy prices pulled the headline number lower.

Jul 30, 2026

Trump Sons Invested in Mining Company Now Tied to Kazakhstan Tungsten Deal

A U.S. government financing commitment of up to $1.6 billion for the project has drawn scrutiny over potential conflicts of interest.

Jul 29, 2026