American Airlines forecasts third-quarter profit but scales back growth after flight disruptions
American's CEO said the carrier would limit its expansion this year.
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Domino's earnings miss expectations as pizza chain struggles with driver shortage, higher costs
The ongoing shortage of delivery drivers hurt the chain's sales again this quarter.
‘I stole $20,000 from one woman’: How romance scams are costing victims millions
Anyone looking for love is bound to find a few bad apples, especially with romance scams on the rise. Here's how to protect your heart and your wallet.
Chinese TikTok owner increased U.S. lobbying spending by 130% this quarter
ByteDance lobbied on an antitrust bill, a funding bill to boost competitiveness with China, digital privacy legislation and defense spending.
Jobless claims rise again in another sign that labor market is cooling
Initial claims for unemployment insurance were expected to total 240,000 for the week ended July 16, according to Dow Jones estimates.
Mortgage demand drops to a 22-year low as higher interest rates and inflation crush homebuyers
The pain in the mortgage market is only getting worse amid higher interest rates and inflation in the overall economy.
Biden announces new climate change programs, but no emergency declaration
President Biden announced the new climate change initiatives during a speech at a former coal-fired plant in Somerset, Massachusetts.
Microsoft eases up on hiring as economic concerns hit more of the tech industry
Microsoft is easing up on hiring after the company reduced earnings and income guidance and cut a small group of employees.
Mattel inks deal with Elon Musk's SpaceX to produce line of toys
Mattel inked a multiyear deal with Elon Musk's SpaceX, the companies announced on Wednesday, to create a line of space-inspired toys.
Secret Service may have violated records law with text deletions, Jan. 6 committee says
The committee's claim came a day after the Secret Service said it had handed over one text message thread in response to a subpoena.
United Airlines posts profit on travel surge but holds back on flight growth
United Airlines on Wednesday notched a key profit milestone in its pandemic recovery.
Tesla grows revenue 42%, but automotive margins decline
Tesla's margins were impacted by inflation and fiercer competition for the components that go into EVs.
Raimondo warns of 'deep and immediate recession' if U.S. were to be cut off from Taiwan chip manufacturing
Congress is nearing key votes on a bill to fund U.S. semiconductor manufacturing, known as the CHIPS Act.
Tesla has dumped 75% of its bitcoin holdings a year after touting 'long-term potential'
Tesla CEO Elon Musk spent much of 2021 hyping cryptocurrencies. His company has exited most of its bitcoin holdings amid a dramatic downfall.
Chipotle union files complaint with labor board after chain shutters Maine restaurant seeking to organize
Chipotle said it's closing the Augusta, Maine, location because it could not fix staffing issues.
10-year Treasury yield inches above 3%
Treasury yields ticked higher as investors continue to assess incoming corporate earnings reports and the probable path of monetary policy.
President Biden's job approval rating hits new low in public poll
Job approval for President Joe Biden has hit record lows as inflation sees a 40-year high, and as ex-President Donald Trump retains support from Republicans.
Complaints about airlines have surged – here's how travel stacks up now vs before Covid
Between staffing shortages, pilot strikes, lost luggage and massive lines, air travel in 2022 has not been easy.
Netflix's earnings results mark pivot point for streaming giant, for better or worse
Netflix's second-quarter results may serve as a flag-in-the-ground moment for the company, for better or worse.
June home sales fall 5.4% from May, as prices set yet another record
The median price of an existing home sold in June set yet another record at $416,000, an increase of 13.4% year over year.
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