New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a "historic shortage" of available homes for sale.In a letter...
Palantir headquarters in Palo Alto, California, May 10, 2023.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in premarket trading.Palantir Technologies — Shares of the data analytics company added 2.3% on news that the U.S. Army awarded the company a $250 million contract to test...
Lana Payne speaks to delegates after being elected as president of UNIFOR, Canada's largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022.Richard Lautens | Toronto Star | Getty ImagesDETROIT — Labor strikes are now an international issue for General Motors after the Detroit automaker...
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023.David Paul Morris | Bloomberg | Getty ImagesPepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations and raised its outlook for its full-year earnings.Shares of the company rose 2% in premarket trading.Here's what the...
Attendees arrive at the event campus on the opening day of the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco, on Monday, Oct. 9, 2023.Bloomberg | Bloomberg | Getty ImagesThe International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised...
Writers Guild of America (WGA) East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square on May 17, 2023 in New York City. Alexi Rosenfeld | Getty Images Entertainment | Getty ImagesThe Writers Guild of America has officially ratified its new three-year contract...
Hispanic inclusion in corporate America lagged last year, particularly in three key areas — C-Suite representation, talent development and supplier procurement — according to the Hispanic Association on Corporate Responsibility's 2023 Corporate Inclusion Index.While Hispanics make up 18% of the U.S. workforce, according to the Bureau of Labor Statistics,...
Scene from the upcoming film: The Exorcist: Believer.Universal Studios"The Exorcist: Believer" possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come.The Universal and Blumhouse collaboration, the first of three planned films, tallied $26.5 million during...
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Spotify — Shares of the music streaming service...
Carnival's Breeze cruise ship leaves the Port of Miami.Christina Mendenhall | Bloomberg | Getty ImagesAs vacationers emerge into a post-pandemic travel world, cruises have made a spectacular comeback – and ticket prices are surging.Cruise operators like Carnival and Royal Caribbean Cruises are setting some ticket prices higher than pre-pandemic...