US budget: Spending deal reached as shutdown deadline looms
President Biden says the agreement “clears the way” for Congress to avoid a government shutdown.
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Radio shows surprising resilience even in a rapidly changing media world
Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander | Archive Photos | Getty Images It’s a familiar refrain: “Legacy media is dead” — unless you’re talking about radio. Despite being one of the oldest media formats, dating back to the 1890s, radio has…
Fed president says March ‘probably’ too early for rate cut after hot inflation report
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws…
Supreme Court tax case could have sweeping federal policy effects, experts say
The Supreme Court in Washington, D.C. Celal Gunes | Anadolu Agency | Getty Images As the Supreme Court starts a new term, experts are closely watching a case that could have sweeping effects on the U.S. tax code, including corporate revenue and future wealth tax proposals. This summer, the high court agreed to hear Moore…
The Rise of Quiet Branding: How Minimalist Marketing Wins Trust
In an age of constant notifications, flashy ads, and endless scrolling, louder isn’t always better. Increasingly, consumers are gravitating toward brands that embrace quiet branding—a minimalist approach that prioritizes authenticity, simplicity, and trust over noise and flash. From fashion labels to tech companies, businesses are learning that restraint can often make a stronger impact than…
After part of a plane’s wall blew out, feds ground some Boeings
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration ordered the grounding of 171 Boeing airplanes for inspection on Saturday, after part of a jet’s wall blew out in midair on a flight Friday and caused a dramatic emergency landing. All Boeing 737-9 Max planes with the same part —…
