People shop in a supermarket in Washington, DC, on May 26, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Nicholas Kamm | AFP | Getty…
Business
Category: Business
First-quarter GDP declined 1.5%, worse than thought; jobless claims edge lower
A ‘We’re Hiring!’ sign is posted at a Starbucks in Los Angeles, California. Mario Tama | Getty Images The U.S. economic contraction to start the year was worse than expected…
S&P 500, Nasdaq rise ahead of Federal Reserve update
The S&P 500 rose Wednesday as traders awaited the Federal Reserve’s release of its policy meeting from earlier this month. The broad market index added 0.3%, while the Nasdaq Composite…
Snap falls 40% on pace for worst day ever, dragging other stocks with it
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the virtual Google Pixel Fall Launch event in New York, on Tuesday, Oct. 19, 2021. Michael Nagle |…