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US Banks See Loan Demand Drop, Fed Survey Says

US Banks See Loan Demand Drop, Fed Survey Says

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.


Planters Recalls Peanuts, Mixed Nuts Across US Over Potential Listeria Contamination

Two products sold at Dollar Tree and Publix locations have been recalled by Planters due to potential Listeria contamination.

EU is Set to Intensify Sanctions Against Russia Amid Report Kremlin Plots Sabotage Attack

The EU may ban Russian funding for political parties, think-tanks, and other entities. European Commission Vice President Vera Jourova speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023.

Starbucks Must Fix Customer Experience to Get Back in Coffee Shop Game, Ex-Boss Says

Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.


Latest News

US-ISRAEL-PALESTINIAN-CONFLICT-PROTEST
Hims & Hers CEO Andrew Dudum clarified that he does not condone violence, antisemitism, or intimidation.
Over 1,000 Denver International Airport Flights Delayed Over Wind Gusts
Over 1,100 flights faced delays or cancellations on Monday at Denver International Airport due to strong wind gusts that swept through the state.
Jeff Bezos’ Plan to Focus on Sustainable Protein at Odds After Florida Gov. Ron DeSantis Banned Lab-Grown Meat
Jeff Bezos and Lauren Sanchez intend to focus on "cultivated meats," but Florida Governor Ron DeSantis has prohibited lab-grown meat sales.
Lululemon Reports Positive Sales Growth
A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020.
Donald Trump Used Personal Account to Pay Stormy Daniels Through Michael Cohen, Former Accountant Reveals in Hush Money Trial
A former high-ranking executive at the Trump Organization testified on Monday about his involvement in the payments made by Donald Trump.
Social Security Payment Worth Up to $4,873: Who's Eligible to Receive on July 10?
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Apple Illegally Interrogated Staff, Confiscated Union Flyers in NYC: US Labor Board
The ruling upheld an earlier decision of a judge, who ruled that Apple violated a law in 2022 by blocking union flyers and coercively interrogating employees about their pro-union activities.
Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes
Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.
Boeing Faces New FAA Investigation After Admitting Possibly Missing Required 787 Dreamline Inspections
Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.
Citigroup CEO Shares How Inflation Affects Consumer Behavior; Jane Fraser Says Low-Income Americans Now More Cautious With Spending
Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.
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