Kroger cites sales boost from Our Brands, digital in fiscal 2019 report

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Kroger cites sales boost from Our Brands, digital in fiscal 2019 report

The Kroger Co. notched gains in total and identical-store sales, fueled in part by strong performances in private label and digital, as it edged past Wall Street’s earnings projection for its fiscal 2019 fourth quarter. Kroger said Thursday the quarter also includes …
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FDIC to Offer Separation Incentives to One-Fifth of Its Workforce

The Federal Deposit Insurance Corporation is planning to shed staff by offering separation incentives to one-fifth of its workforce, the agency announced on Thursday. Officials said the early retirement and buyout offers going out to 1,200 employees do not …
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Major Medical Test Provider to Bolster US COVID-19 Response

On Thursday, the total number of confirmed cases of COVID-19 in the U.S. that had been reported to the Centers for Disease Control (CDC) swelled to 100 — and next week, that number is probably going to climb much further. That’s because the country’s …
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A Record Low on Average 30-Year Fixed Mortgage: 3.29%

By ALEX VEIGA and SARAH SKIDMORE SELL, AP Business Writers. The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the coronavirus outbreak has …
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Oil slides as demand worries overshadow OPEC deal to deepen supply cuts

NEW YORK (Reuters) – Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens.
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