New York Post Business - RSS

Keeping interest rates low through ?Quack Economics? has forced investors out of savings accounts

Oct 20, 2019 3:27 am

Dear John: The idea that quantitative easing (QE), along with the Federal Reserve?s zero-interest-rate policy, hasn?t created inflation is false.  While the prices of things like TVs and clot...

Revenue is soaring for Hispanic-owned companies

Oct 20, 2019 3:18 am

Latino-owned small businesses have struck gold ? and are growing faster than the competition, according to a new study.

How millennials are being tricked into crippling credit card debt

Oct 20, 2019 3:17 am

Do you ever feel like you?re in credit card hell and can?t escape? It?s a complaint of many millennials who didn?t learn the lessons of previous generations more likely to shun debt, card pros say. Yo...

Instacart agrees to $11M settlement after drivers said they were skimped on wages

Oct 19, 2019 2:08 am

Grocery delivery company Instacart has agreed to fork over $11 million to settle allegations that it has been nickel and diming its California workers. The San Francisco company?s workers were notifie...

Eddie Lampert helps bankroll Sears as woes persist after bankruptcy

Oct 18, 2019 5:20 pm

Sears has borrowed about $150 million from lenders, including its billionaire owner, Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar ...

Goya Foods in talks to be sold to Carlyle Group for $3.5 billion: sources

Oct 18, 2019 2:14 pm

Goya Foods is in late-stage talks to sell a majority stake to The Carlyle Group in a deal that would value the canned-foods giant at roughly $3.5 billion, The Post has learned. The founding family of ...

Coffee-infused soda drives Coca-Cola revenue beat

Oct 18, 2019 1:13 pm

Coca-Cola reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee. Faltering ...

Universal Music Group attracting new bidders after $33B valuation

Oct 18, 2019 2:17 am

Two months after Universal Music Group rocked the music world with a $33 billion valuation tied to an impending investment, its parent company revealed that other investors may want in ?at a similar p...

Barneys may double store footprint with $271M investment plan

Oct 18, 2019 1:48 am

Barneys could double its store footprint next year if a $271 million stalking-horse bid to acquire the luxury department store is approved in bankruptcy court next week. Licensing firm Authentic Brand...

UAW extends GM strike, weighs plant closings

Oct 18, 2019 1:40 am

Forty-six thousand General Motors workers will continue to stay off the job as they digest a proposal to raise wages and cap health costs ? while also closing four plants. The United Auto Workers agre...

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Scammers trying to cash in on notoriety of El Chapo?s son

Oct 20, 2019 7:35 pm

Days after gun-wielding cartel goons turned a Mexican city into a war zone in order to get El Chapo’s son Ovidio Guzman Lopez freed from custody, scammers are trying to capitalize on the inc...

Pompeo refuses to comment on ?hypothetical? quid pro quo to Ukraine

Oct 20, 2019 6:30 pm

WASHINGTON – Secretary of State Mike Pompeo wouldn?t say whether it was appropriate to hold up military aid to Ukraine unless an investigation into the Democrat National Committee’...

3 soldiers killed, 3 injured during Georgia training exercise

Oct 20, 2019 5:59 pm

Three soldiers were killed and three more hospitalized on Sunday after their armored vehicle was involved in an accident during a training exercise in Georgia, the Army revealed. The 1st Armored Briga...

Mulvaney defends his comments about Ukraine aid, denies he offered to resign

Oct 20, 2019 5:28 pm

WASHINGTON — White House acting Chief of Staff Mick Mulvaney said Sunday that he didn’t offer President Trump a resignation letter after Thursday?s press conference about aid to Uk...

Chicago?s top cop had ?couple of drinks? before passing out in car at stop sign: mayor

Oct 20, 2019 2:35 pm

Chicago?s top cop had ?a couple of drinks? before he was found slumped over asleep in his car at a stop sign — but his officers let him leave without any tests, the city’s mayor ha...

US troops pulled from Syria will be sent to Iraq to fight ISIS: defense secretary

Oct 20, 2019 12:44 pm

US troops being pulled out of Syria will be deployed to western Iraq where they will battle Islamic State terrorists, Defense Secretary Mark Esper said on Sunday. He did not rule out the idea that the...

Nancy Pelosi leading bipartisan delegation in Jordan amid Syria chaos

Oct 20, 2019 4:44 am

House Speaker Nancy Pelosi is leading a bipartisan congressional delegation in Jordan amid unrest in the Middle East following Turkey’s invasion of Northeast Syria, her office said Saturday....

Sinister prankster hacks Nest camera, threatens to kidnap baby

Oct 20, 2019 2:27 am

A California father said this week that a hacker infiltrated his Nest camera, commandeered the voice function and threatened to steal his baby ? the latest in a string of disturbing security breaches ...

Meet the new diverse faces of the Rockettes

Oct 20, 2019 12:57 am

It?s not a lily-white lineup anymore.

Video captures moment football coach disarms student with gun, hugs him

Oct 20, 2019 12:20 am

The heartrending moment an Oregon high school coach used a hug to stop a student carrying a shotgun into a classroom was captured on surveillance camera. Keanon Lowe, a former University of Oregon foo...