Business

One of the country’s largest fast-food chains has reclaimed its “throne” as the nation’s No. 2 burger chain, with Burger King betting that better food without higher prices can keep cost-strained customers coming through the door. “You can outrun costs with traffic if you’re building your business and that’s what…

This story about the July 2026 PCE inflation report will be updated with further details. The Federal Reserve’s preferred inflation gauge rose slightly in July as the pace of price growth remained well above the central bank’s target ahead.The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index rose…

Nate Baxter spent much of his career in technology. Now, just weeks into his tenure as CEO of ScottsMiracle-Gro, he’s betting that artificial intelligence, e-commerce and faster product innovation can help reshape one of America’s biggest lawn and garden companies. “I’ve told this company that we need to behave more…

Accounting firm Deloitte agreed to pay $21.5 million to settle Department of Justice allegations that it violated the False Claims Act by failing to comply with anti-discrimination requirements in federal contracts and discriminating on the basis of race or sex, the department announced Tuesday. The settlement resolves allegations that Deloitte violated the False…

Chrysler has recalled nearly 75,000 SUVs over a manufacturing defect that could cause certain parts to break loose while driving, creating unexpected road hazards and significantly increasing the risk of a crash, according to federal regulators.  Nearly 74,578 Dodge Durango vehicles from the 2021-2023 model years are affected by the…