Millions flock to Barcelona, Spain, every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of people marched through the streets and sprayed visitors with water guns in outrage…
Category:
Business
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Business
Walmart is opening five automated distribution centers as it tries to keep its grocery dominance
Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online grocery business grows. The discounter’s new facilities are roughly 700,000 square…
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Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage for a two-day appearance on Capitol Hill this week, the central bank…
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Side hustlers are hustling a little less but making more when they do. About 36% of U.S. adults say they make extra money from a side job beyond their main source of income, according to…
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Business
S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer…
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UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the SEC on Tuesday. Most of the layoffs will…
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Business
Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots
When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience. But in recent years, Etsy…
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Business
Barcelona protesters throw items and spray travelers with water while shouting ‘tourists go home’
Millions flock to Barcelona every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of locals marched through the streets and sprayed visitors with water guns in outrage over…
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The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies around the world has attracted attention from another corner: U.S.…
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Business
S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer…