Dick's Sporting Goods will stop selling assault-style weapons in its stores, effective immediately. The sports retailers also will not sell guns to anyone under the age of 21, regardless of local laws. The announcement came from Dick's CEO Ed Stack on Wednesday morning, exactly two weeks after the Parkland school shooting. He said even though the company supports the Second Amendment, they "don't want to be a part of this story."
Amazon is buying video doorbell company Ring in a deal worth $1 billion. That would make this acquisition the second largest ever in Amazon's history, right behind Whole Foods. The e-commerce giant is working on a plan that would allow people delivering Amazon packages entrance inside of an individual's home.
Get ready for "The Fresh Princess of Bel Air." TMZ reports the company that owns the rights to Will Smith's hit 90's sitcom is in advanced talks to reboot the beloved show with a woman in the lead role.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.