Carvana shares are deep in the red after another drop for the company’s revenue per retail vehicle sold.
MarketWatch
Costco managed another month of sales growth in April. But it marks a slowdown from March.
Retailer’s latest report comes as Wall Street looks for signs of tariff impact.
Alphabet’s stock is sliding on AI fears. Are investors overreacting?
Apple is considering AI-powered search engines for its Safari web browser
Fed stands pat on interest rates and warns of economic woes on horizon
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the economic outlook and higher risks of unemployment and inflation in the new high-tariff U.S. economy.
Edgewell to sell less Hawaiian Tropic, Banana Boat sunscreen as consumers travel less
Consumer-brands company Edgewell cut its full-year outlook, saying sales of sunscreen products are set to decline as people spend less on travel.
Social Security’s new budget proposal is unchanged from last year — why some say that’s actually a cut
The agency’s fixed costs go up by $600 million every year.
This hated tax on property owners can be fixed if government takes these steps
How to create a more equal, transparent and efficient property-tax system.
Could Ethereum’s Pectra upgrade power an ether comeback?
The Ethereum blockchain successfully completed its long-awaited Pectra upgrade on Wednesday, its biggest overhaul since 2022 and an event that is expected to allow the blockchain to become faster and cheaper at processing transactions.
WeightWatchers goes bankrupt, as offering GLP-1 drugs couldn’t cure its debt problems
WW got a brief reprieve from its troubles when it added GLP-1 weight-loss treatments to its services, but the company noted Tuesday that the drug is a “medication, not a miracle.”
Fed stands pat on interest rates, warns of possible economic woes
The Federal Reserve on Wednesday remained in a holding pattern, warning about more uncertainty in the economic outlook and seeing higher risks of unemployment and inflation in the new high-tariff U.S. economy.