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Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle
Business

Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle

Recent expansions have lasted 6 to 10 years. Here’s how this one could last that long. Source link

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
Business

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist

The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
Business

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic

Nestlé Raised Prices More Than 9% in First Half of the Year
Business

Nestlé Raised Prices More Than 9% in First Half of the Year

The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link

Netflix Reworks Microsoft Pact and Lowers Ad Prices
Business

Netflix Reworks Microsoft Pact and Lowers Ad Prices

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link

Mattel Needs Barbie's Movie Magic to Lift Toy Sales
Business

Mattel Needs Barbie's Movie Magic to Lift Toy Sales

Partnerships and marketing blitz aim to power company past decline in quarterly sales and earnings. Source link

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee
Business

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight

Federal Reserve Raises Interest Rates to 22-Year High
Business

Federal Reserve Raises Interest Rates to 22-Year High

Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link