Economy

Delivery Hero confirms takeover offer from Uber

Delivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its largest shareholder.

Mamdani is costing New York jobs and tax revenue: Joe Concha

Washington Examiner columnist Joe Concha called out New York City Mayor Zohran Mamdani for high taxes, saying that billionaires will leave the city and take their business with them.

Millennials spend $252 on an average date, BMO finds

Dating costs are rising faster than inflation, pushing many Americans to go on fewer dates, choose cheaper plans or skip dating altogether.

Lingering mysteries from Berkshire's portfolio update

The addition of two new names, Delta Air Lines and Macy's, to the portfolio are hard to explain.

Stock market returns are often subpar after a strong 3-year streak, history shows

While the market has posted solid double-digit returns in the past three years, investors shouldn't get their hopes up that the trend will continue.

Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most

Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.

‘Blue dot fever’? What's really behind a tricky summer dynamic for live music

As prices rise everywhere, consumers are choosing to be more intentional with how they're spending on live music and concerts this year.

Spirit's Collapse and High Fuel Prices Test the Limits of Summer Vacation Spending

The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they're willing to pay.

Three signs from APEC that the U.S. and China remain far apart on trade

U.S. and Chinese officials have met and spoken publicly about differing priorities since the Trump-Xi summit concluded in Beijing last week.

Liana Finck on shrinkflation coming for public transport

For when you need to squeeze under those low bridges without reducing passenger capacity

Americans may spend $2B more on gas over Memorial Day as prices still surge

Surging prices at the pump are not expected to deter Americans from traveling to celebrate Memorial Day, despite there being more than a dozen states projected to see record-high gasoline prices this weekend.

Can hybrid village stores answer rural Germany’s ‘cry for help’ and fend off far right?

Retail innovation, where people can shop alone after staff have gone, is helping vital community hubs survive