Asda returns to growth after more than two years
Asda reported its first sales growth in more than two years, with a 0.2% rise at established stores, as the supermarket chain attributes improvement to stronger pricing and enhanced online services.
Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
Fed Chair Kevin Warsh said controlling inflation remains the central bank’s priority in his first major speech, though he avoided signaling specific interest rate moves amid persistent price pressures.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have capacity to acquire large regional banks under current regulatory conditions, with five banks potentially fitting acquisition criteria as the industry consolidates.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is committing more than $2 billion toward international, healthcare, and supply chain solutions businesses through 2028, expanding facilities and capabilities globally.
California AG Rob Bonta cancels Paramount settlement meeting, citing ‘lack of good faith’
California’s attorney general canceled a settlement meeting with Paramount Skydance, accusing the company of breaching confidentiality and misrepresenting discussions about its proposed Warner Bros. Discovery merger.
Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
Energy debt in Great Britain could reach £7bn by year-end as prices rise, with households facing higher bills despite government VAT cuts, according to industry group warnings.