Morning Business Report: December 21st, 2022
Shoppers are still buying Nike sneakers and FedEx plans more cost cuts as soft demand hurts profits. Jane King is at the Nasdaq with those stories and more in today’s…
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Shoppers are still buying Nike sneakers and FedEx plans more cost cuts as soft demand hurts profits. Jane King is at the Nasdaq with those stories and more in today’s…
Drug stores are limiting purchases of kids medicines and nearly half of U.S. workers plan to look for a new position in the New Year. Jane King is at the…
Porch pirates stole an estimated 260 million packages in the last year and Elon Musk asks Twitter to decide if he should step down. Jane King is at the Nasdaq…
What started off as a hobby is now a running business for 14-year-old Zoe Bailey. Bailey and her sister came up with the idea of making their own…
It’s been a long three years in the making, but the Mississippi Antique Galleria is officially open for business in Gulfport. Known also as ‘The Mag,’ it’s now…
Most Americans say their rent is so high that it is preventing them from buying a home and massive changes could be coming to the way the stock market functions.…
The Federal Reserve hikes interest rates for a seventh time this year and credit card and personal loan delinquencies are expected to surge in 2023. Jane King is at the…
U.S. freelancing surges to a record as 60 million Americans go it alone and Moderna’s cancer vaccine shows promise in preliminary study. Jane King is at the Nasdaq with those…
The former head of the collapsed crypto firm FTX has been arrested and CVS and Walgreens finalize $10 billion in settlements over opioids. Jane King is at the Nasdaq with…
A new survey reveals the Grinchiest place over the holidays and a potential blockbuster pharmaceutical deal is in the works. Jane King is at the Nasdaq with those stories and…
Millennials are once again moving in with their parents. This time it’s due to inflation. And Holiday discounting has led to a drop in U.S. online prices. Jane King is…
Jersey Mike’s Subs is officially open in Gulfport across the parking lot from TGIFridays at Crossroads Shopping Center. This is the second store on the Coast after opening…
Only 38 percent of Americans have discussed their aging parents’ finances and Amazon’s checkout page stopped working for some users. Jane King is at the Nasdaq with those stories and…
The number of stay-at-home dads is growing in the U.S. and Walmart’s CEO warns company will close stores if theft doesn’t slow down. Jane King is at the Nasdaq with…
More Americans are getting a second job and Pepsi Co will lay off hundreds of workers. Jane King is at the Nasdaq with those stories and more in today’s Morning…
Mortgage rates have the biggest three-week drop since 2008 and job cuts surged 127 percent in November. Jane King is at the Nasdaq with those stories and more in today’s…
More Americans find themselves spending more time at home now than two years ago and the economy may be to blame. Bank of America warns that the U.S. economy will…
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks ended mixed after an uneven day of trading and bond yields fell broadly after the government reported that a measure of inflation that’s closely watched by the Federal Reserve…
Americans get holiday shopping off to a strong start and a new Alzheimer’s drug may benefit some patients. Jane King is at the Nasdaq with those stories and more in…
The highest number of people went through TSA security Sunday since the pandemic began and investors are about to learn whether Biogen’s Alzheimer’s drug is really as good as it…
The holidays are all about giving and the best gift you can give local businesses is your support by shopping small. While Black Friday and Cyber Monday offer…
Disney CEO Bob Iger held a town hall with employees today and billions are expected to be spent today on Cyber Monday, but with sales starting so early, is Cyber…
We should brace for a busy Thanksgiving travel season and the Thanksgiving feast will cost 20 percent more this year as stuffing breaks the bank. Jane King is at the…
A lot of Americans are no longer tipping 20 percent and inflation may be to blame and household debt soars at fastest pace in 15 years. Jane King is at…