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© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo By Lisa…

The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points, to a range of 5%-5.25%, close to the peak seen just before…

The pandemic home-buying frenzy came to a screeching halt when the U.S. Federal Reserve raised interest rates last June. Rates have since doubled, remaining firmly above…

Peloton predicted a decline of the number of people who pay a monthly fee to access classes and features on Peloton equipment. Courtesy Peloton Peloton Interactive…

Results from Airbnb disappointed investors with an outlook for subdued bookings in the second quarter. They also reveal something about consumers’ state of mind.Revenge spending—when shoppers…

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Disney laid out the profit plan for Disney+ streaming service on its investor call after reporting its most recent quarterly results, and it’s likely not going…

Microsoft will hold off on offering salary increases to full-time employees, CEO Satya Nadella told staffers by email Wednesday.The move aligns with Microsoft’s efforts to reduce…

Check out the companies making headlines in extended trading.Disney — Shares fell 4.7% after the company reported mixed fiscal second quarter results. Earnings came in line…