Business

A customer pushes a shopping cart towards the entrance of a Lowe's store in Concord, California, on Tuesday, Feb. 23, 2021.David Paul Morris | Bloomberg | Getty ImagesLowe's on Wednesday reported second-quarter earnings that beat analysts' expectations as the company said improved operations offset lower-than-expected sales that were hurt by a…

The Federal Reserve keeps telling the market it's serious about conquering inflation even if that means damage elsewhere. But the market is still having a hard time taking it seriously. So it will be up to Fed Chairman Jerome Powell next week to press the case further. The central bank leader will address his colleagues Friday at 10 a.m. ET at…

More than 1,400 flights scheduled to take place Friday within, coming into or leaving the U.S. have been canceled, according to flight tracking website FlightAware, as airlines continue to struggle with timely departures this summer.  Along with 1,482 cancellations, airlines had more than 7,000 delays on Friday within, into or out of the…

On a hot August day, the lobster roll place across from the Axios office beckons temptingly.State of play: Reader, I caved. Doing so cost me $43.74, for a six-ounce sandwich, after tax and tip. Why it matters: Lobster prices are down this year, but lobster roll prices? Not so much. Instead, they increasingly seem to be generated by a random…

Afghanistan has two anniversaries coming up. Friday is Independence Day, commemorating the signing of the Treaty of Rawalpindi in 1919, in which Britain granted Afghanistan self-determination over its foreign affairs. However, most will be more concerned with Monday, which marks a year since the Taliban regained control. This week also begins…

A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. However, Binance CEO Changpeng Zhao (CZ) now claims that the acquisition was “never completed.” Wazirx, however, maintains that it was…

SARASOTA, Fla., Sept. 05, 2022 (GLOBE NEWSWIRE) -- Living Vogue LLC, doing business as Living Vogue Real Estate, a Florida-based luxury real estate company, announced today it will begin offering agents a 100% commission compensation option. In addition to this new alternative, the brokerage adjusted its traditional commission plan, with…

Around 5.2 million over 55s do not expect their estates to get taxed upon death, however, millions are caught off guard each year and left to pay thousands, new research shows.Inheritance tax is a tax on the estate (the property, the money, and possessions) of someone who has passed away.Almost three in 10 UK adults (28 per cent) believe their…

Comment on this storyCommentAdd to your saved storiesSaveThe war in Ukraine has shown the value of low-cost drone swarms in modern warfare. Now the Pentagon is planning to build an army of thousands of small, cheap drones in hopes of spurring U.S. drone production and cutting China’s dominance of that market.American drone makers are hoping the…

It's not hard to see why some investors are enamored with the cryptocurrency market. Although digital assets carry with them elevated levels of volatility and risk, if you're lucky enough to pick a winner early on, the returns can be truly astronomical. This was the case with Shiba Inu (SHIB 0.48%) in 2021, as the dog-themed cryptocurrency…