Business

CosMc’s (NEW YORK) — CosMc’s, a new small-format beverage-led concept from McDonald’s, has officially opened in San Antonio, Texas. Starting Thursday, patrons in the Alamo City will be among the first to try the new “out-of-this-world beverage experience” from the McDonad’s universe. “The extraterrestrial experience will continue August 10-11 for the CosMc’s San Antonio official […]

Customers wait in line to check out purchases at Costco store on June 28, 2023 in Teterboro, New Jersey. (Kena Betancur/VIEWpress/Corbis via Getty Images) (NEW YORK) — When customers walk in to shop at Costco Wholesale, they flash a membership card to an employee who typically gives a smile and a nod before they can […]

Adam J. Dewey/Anadolu via Getty Images (WASHINGTON) — The major party vice presidential nominees — Democrat Tim Walz and Republican JD Vance — sharply disagree on a range of issues. The differences in their personal finances are just as stark. Minnesota Gov. Tim Walz, a former teacher and member of the U.S. House of Representatives, […]

Stephen Maturen/Getty Images (Bloomington, Minn.) — Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, has enacted economic policies in the state on key issues like job creation and taxes. The track record, stretching back to 2018, indicates how he may approach such issues if granted the nation’s second-highest office. His positions could also help […]

Photo by Jaap Arriens/NurPhoto via Getty Images (NEW YORK) — Stock market gyrations this week came after a disappointing jobs report stoked concerns about an economic slowdown. The uncertainty drew heightened attention as the U.S. speeds toward this fall’s presidential election. However, the economy has been gradually cooling for months, alongside falling inflation. The U.S. […]

Javier Ghersi/Getty Images (NEW YORK) — Stock prices worldwide seesawed dramatically this week, forcing investors to keep up with sudden turns in the market and weather fears of an economic slowdown. The S&P 500 on Monday suffered its worst decline in a single trading day since 2022. In early trading on Tuesday, the index recovered […]

Vice President Kamala Harris delivers an address on Artificial Intelligence policy at the U.S. embassy, Nov. 1, 2023, in London. (Carl Court/Getty Images) (NEW YORK) — After several of its brightest stars declared support for former President Donald Trump last month, Silicon Valley has now come out in force for Vice President Kamala Harris. Though […]

Matteo Colombo/Getty Images (NEW YORK) — Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession. When markets opened on Monday morning, the S&P 500 fell about 4% and the tech-heavy Nasdaq dropped more than 6%. The Dow Jones Industrial Average fell roughly […]

Jason Marz/Getty Images (WASHINGTON) — Google violated U.S. antitrust laws in maintaining a monopoly over the online search business, a federal judge ruled Monday, in a landmark ruling for the Justice Department in its efforts to rein in big tech giants. D.C. District judge Amit Mehta declared Google violated Section 2 of the Sherman Act, […]

Andrew Brookes/Getty Images, STOCK (NEW YORK) — A worldwide selloff jolted markets on Monday in the aftermath of a weaker-than-expected U.S. jobs report that elicited fear of an economic recession. Japan’s main Nikkei 225 stock index dropped more than 12%, its worst day of trading since 1987. Each of the major U.S. stock indexes plummeted […]