Economy

George Kurtz, president CEO and Co-Founder at CrowdStrike speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. Mike Blake | Reuters CrowdStrike shares slipped 13% during Monday’s trading session, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of Microsoft Windows […]

Starbucks has allowed customers to order with their own personal reusable cup at store counters since 1985, but the extension of this to drive-thru and mobile ordering is a much bigger deal.StarbucksSince 1985, Starbucks has allowed customers to order with their own personal reusable cups at a store counter, offering a 10-cent discount for customers… […]

Jade Weatherington, 36, had long been teaching English on various websites when she created two classes on Outschool, an online course platform for kids, in 2018. One was in arts and crafts and the other was about mastering the five paragraph essay.Business took a few months to pick up, but by early 2021, Weatherington had… […]

Tom Siebel has been riding the artificial intelligence wave.Three years after selling his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006, he started C3.ai, a provider of AI solutions to businesses. That company, which went public in 2020, now sports a roughly $4 billion market cap and, in Siebel’s words,… […]

A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores.Alex Tai | LightRocket | Getty ImagesCheck out the companies making headlines in early morning trading.MongoDB — The data developer platform stock surged 27% after the company issued a strong forecast for the second quarter, seeing between $388 million and $392… […]

The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday.Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.related investing… […]

Francesco Riccardo Iacomino | Moment | Getty ImagesPersistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations.A Deloitte survey from last month found that 50% of respondents planned to… […]

People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City.Robert Nickelsberg | Getty ImagesDuring the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options.But today, as inflation puts pressure on their wallets, consumers are more likely… […]

Boeing 737 MAX aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters LONDON — Boeing ‘s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that […]

Sen. Joe Manchin, D-W.Va., is seen in the U.S. Capitol on Wednesday, September 6, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Independent Sen. Joe Manchin on Sunday called on President Joe Biden to exit the race against former President Donald Trump. “I came to the decision with a heavy heart that I […]