Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol…
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Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front…
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LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. The annual “all you can fly” pass, which allows…
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A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family…
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Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported that food-at-home prices increased 1.1% year-on-year — the ninth-straight month of sub-2%…
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Business
Some experts have raised the odds of a recession. Here’s how much you should have in emergency savings.
by adminAs investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey…
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Business
Inflation rate falls to 2.9% in July, adding to signs that surging prices have abated
by adminConsumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis, the Consumer Price Index (CPI)…
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While it is too early to determine with any certainty what caused a devastating airplane crash in Brazil last week, air disaster experts say the incident bears similarity to a landmark crash 30 years ago that triggered major…
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World News
A Gazan father went to register his twins’ births. They were killed in an Israeli airstrike, hospital officials say
by adminMohammad Abu Al Qumsan quivered and gasped in disbelief. His eyes glazed over before he fell limp in the courtyard of Al Aqsa Martyrs Hospital in central Gaza. “I beg you. I beg you. Let…
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World News
Japan’s Prime Minister Fumio Kishida says he will step down next month, won’t run for re-election
by adminJapanese Prime Minister Fumio Kishida will not run for a second term as leader of the long-ruling Liberal Democratic Party (LDP) next month following a series of political scandals that have fueled calls for him…