Finance

Consumer prices unchanged in May

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department...

Sony Pictures Entertainment buys cinema chain Alamo Drafthouse Cinema By Reuters

(Reuters) - Sony (NYSE:) Pictures Entertainment (SPE) has acquired U.S. cinema chain Alamo Drafthouse Cinema, the companies said on Wednesday,...

Elon Musk, ‘absent CEO’, set to land $46 billion Tesla pay

On Thursday, Tesla’s shareholders will vote on whether or not to approve Musk’s uniquely structured, all-or-nothing pay package. Initially passed in 2018, the...

Russian warships enter Havana harbor under Washington’s watchful eye

The Russian nuclear-powered submarine Kazan (L) and the class frigate Admiral Gorshkov, part of the Russian naval detachment visiting Cuba, arrive at Havana's...

Southern Baptist Convention condemns IVF procedures By Reuters

By Brad Brooks (Reuters) -The Southern Baptist Convention on Wednesday voted at its annual meeting to condemn the use of in vitro...

Pope Francis will attend G7 summit to discuss AI concerns

Attendees of the annual Group of Seven (G7) summit—which gathers leaders from some of the world’s most powerful democracies—are used to rubbing elbows...

Here’s the inflation breakdown for May 2024 — in one chart

Customers purchase gas at a station in Chicago, Illinois, June 11, 2024.Scott Olson | Getty ImagesInflation fell slightly in May, as positive trends...

Fed keeps rates steady, but sees just one cut for this year in hawkish surprise By Investing.com

Investing.com -- The Federal Reserve kept interest rates unchanged on Wednesday, but in a hawkish surprise the central bank now sees just one...

Starbucks is now offering a $5 combo meal, following other fast-food chains experimenting with affordable options to lure back customers

The coffee giant is joining the bandwagon of several other fast-food chains trying to lure in customers with deals by announcing a new...
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