US home sales slipped, prices grew more slowly in August
Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising home prices…
AP Wire
Walmart to hire 40,000 mostly seasonal workers for holidays
NEW YORK — Walmart said it will hire 40,000 U.S. workers for the holidays, a majority of them seasonal workers. The move, announced today, comes…
Germany nationalizes country’s biggest gas importer Uniper
BERLIN — The German government said today that it has agreed to nationalize the country’s biggest natural gas importer, Uniper, expanding state intervention in the…
How steep Fed rate hikes affect your finances
NEW YORK — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier,…
General Mills: Fiscal Q1 earnings snapshot
MINNEAPOLIS — General Mills Inc. today reported fiscal first-quarter profit of $820 million. The company said it had profit of $1.35 per share. Earnings, adjusted…
Hertz to order up to 175K GM electric vehicles over 5 years
Hertz plans to order up to 175,000 electric vehicles from General Motors over the next five years. The agreement announced today includes electric vehicle deliveries…
Walgreens to buy remainder of Shields Health for $1.4B
Walgreens is spending nearly $1.4 billion to buy the remaining stake in Shields Health Solutions it doesn’t already own as it pushes into the fast-growing…
German gas storage over 90% full despite Russian supply cuts
BERLIN — Germany’s natural gas storage facilities are now more than 90% full in preparation for the winter heating season and rising steadily despite Russia…
Britain’s Truss doesn’t expect UK-US trade deal anytime soon
NEW YORK — Prime Minister Liz Truss has kicked off her first visit to the United States as Britain’s leader with an admission that a…
US stocks rise ahead of expected interest rate hike by Fed
Stocks are rising in late afternoon trading on Wall Street after swaying between small gains and losses for much of the day as investors brace…