Essence Fest leads a summer of events for Black entrepreneurs
U.S. Vice President Kamala Harris speaks on stage with Essence CEO Caroline Wanga at the Global Black Economic Forum during the 30th annual Essence Festival of Culture at the Ernest N. Morial Convention Center on July 6, 2024 in New Orleans, Louisiana. Michael Democker | Getty Images News | Getty Images In a year when […]
What drove Del Monte Foods into filing for bankruptcy? Blame foodies.
The iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts say.
Why the case for a Fed interest-rate cut in July may be getting stronger
Weaker labor-market data this week could bolster the case for the Federal Reserve to resume rate cuts soon.
Be very skeptical of ADP report showing economy lost jobs for the first time in years
Did the U.S. economy really lose jobs in June for the first time since the pandemic? Payroll king ADP says yes, but investors ought to take its report with a very large grain of salt.
Can Sean ‘Diddy’ Combs and his business empire recover financially, now that he’s been found not guilty of some charges?
The hip-hop mogul has already seen his net worth plummet from $900 million to $400 million, according to one estimate.
Trump deportations hurt Modelo Constellation beer sales
Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty Images Constellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump’s deportations and consumers’ broader economic fears weighed on demand. In April, Constellation CEO Bill Newlands […]
New Stellantis CEO promotes Kuniskis, brings back SRT division
Tim Kuniskis, head of NAFTA Passenger Car Brands for Fiat Chrysler Automobiles NV, speaks during the reveal of the Fiat Chrysler 2018 Dodge Challenger SRT Demon sports vehicle ahead of the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Tuesday, April 11, 2017. Mark Kauzlarich | Bloomberg | Getty Images New […]
‘Finance makes me break out in hives’: I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job?
“I inherited $240K. Do I pay off my $258K mortgage and downsize my house and job?”
The last holdout bears are Democrats, these strategists say. Their capitulation could fuel the next leg higher for stocks.
The stock market has seen a historic rally this spring, but not all investors are on board. Ned Davis researchers point the finger at Democrats.
Constellation Brands says ‘socioeconomic headwinds’ are hurting beer sales, amid immigration crackdown
Shares of Constellation Brands fell after hours on Tuesday after the beer and wine maker forecast better-than-expected profits but said “socioeconomic headwinds” had hit beer demand.
