Business

Housing market outlook: Spring selling season is coming to an end—not with a bang, but with a whimper 

This year’s spring selling season wasn’t a typical one, and while it seems to be better than last year, there was an air of melancholy

Business

Jetblue Airways, Pelaton, and Manchestor United a few of the 7,000 ‘zombie companies’ globally

An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on

Business

AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says

With sluggish productivity growth around 1.4% despite watershed advancements in technology and innovation, increasing growth—and median household incomes—may hinge on a simple equation. “I have

Business

S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings

S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management and plunging him deeper into political difficulties a week before European elections. 

Business

Alaskan rivers are turning orange. Here’s why

Normally, the rivers that run through Alaska are a pristine blue. But lately, there have been a number that look rusty—orange, even.  It’s not pollution

Business

Costco CEO Ron Vachris reveals his winning strategy for the legacy retail brand—’we can’t become arrogant’

Only three CEOs have held the reins at Costco during the retail giant’s four decades in existence, points out Fortune’s Phil Wahba. And the latest

Business

AI will make coding skills more, not less, valuable—and it’s more important than ever for children to learn them

The year 2024 has continued to see the long-awaited rise of generative AI in many aspects of life. Every day, we see news of the

Business

Housing market outlook: Buyers are gaining the upper hand

The U.S. housing market is now tilting in favor of buyers, who are pushing back against the high home prices that sellers are demanding, according

Business

How Hakeem Jeffries, a future speaker of the House, may already be wielding that kind of power

Without wielding the gavel or holding a formal job laid out in the Constitution, Rep. Hakeem Jeffries might very well be the most powerful person in Congress

Business

VW ‘cannot keep up’ against Chinese EV makers: CEO

Competing against Chinese electric vehicles in China is no easy task. Just ask the CEO of Volkswagen. The German automaker “cannot keep up at the