The rate of inflation was higher than expected in August, suggesting that inflation is far from under control. Continued interest rate hikes from the Federal Reserve are also likely.
Twitter shareholders vote in favor of Elon Musk’s $44 billion takeover deal
Elon Musk may be fighting tooth-and-nail to get out of his deal to buy Twitter, but the social media company’s shareholders plan to hold him to it.
Starbucks projects long-term earnings, revenue growth in double digits as it implements new strategy
Outgoing Starbucks CEO Howard Schultz told investors on Tuesday that the coffee giant is projecting double-digit growth for revenue and earnings per share as it implements a plan to reinvent the business.