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Inflation falls more than expected, paving way for interest rate cut
The Fed is widely expected to cut interest rates next week.
September 11, 2024Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day
Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric
9/12/2024 06:18:28 EDTHere's what economists think of Harris' economic agenda
Proposals include a ban on grocery price gouging and homebuyer subsidies.
August 16, 2024
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Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day
Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric
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Air Canada urges government to intervene as labor dispute with pilots escalates
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Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
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How major US stock indexes fared Thursday, 9/12/2024
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US House clears a largely bipartisan package of bills to counter China
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30,000 Boeing workers poised for potential strike
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September 12
Betting on control of Congress begins minutes after judge clears way for bets on US Elections
Betting on control of Congress begins minutes after judge clears way for bets on US Elections
September 12
September 12
US consumer watchdog moves to permanently ban Navient from federal student loan servicing
The U.S. Consumer Finance Protection Bureau has filed a proposed order to permanently ban Navient from directly servicing federal student loans, which the agency says will end years of abusive lending practices
September 12
September 12
A strike would add to turbulent times at Boeing
A strike by the 33,000 factory workers who assemble some of Boeing’s best-selling planes would come as another blow to a company whose bottom line and reputation have taken plenty of hits this year
September 12
September 12
Pakistan says it has met all the conditions set by the IMF to secure $7 billion loan
Pakistan’s Prime Minister Shehbaz Sharif says that his country has met all the conditions set by the International Monetary Fund to qualify for a new $7 billion loan to help prop up its economy
September 12
September 12
Senate committee to vote to hold Steward Health Care CEO in contempt
Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to vote next week to adopt two resolutions to hold Steward CEO Ralph de la Torre in contempt after he refused to attend a hearing Thursday despite being issued...
September 12
September 12
American Airlines flight attendants ratify contract that ends their threats to go on strike
Flight attendants at American Airlines have approved a new contract after years of negotiations
September 12
September 12
Money rolls in on US election bets after judge clears the way
People began betting on which political party would win control of Congress in the November elections within minutes of a federal judge’s ruling allowing the bets — the only ones to be legally approved by a U.S. jurisdiction
September 12
September 12
DHL sues MyPillow, alleging company founded by Mike Lindell owes $800,000
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September 12
September 12
Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023
The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week
September 12
September 12
Freddie Mac says the average rate on a 30-year mortgage fell to 6.20% this week, its lowest level since February 2023.
Freddie Mac says the average rate on a 30-year mortgage fell to 6.20% this week, its lowest level since February 2023.
September 12
September 12
Frito-Lay upgrades FIFA sponsorship with fan awards at men's and women's World Cups
Texas-based snacks maker Frito-Lay will be a global sponsor for the next World Cups in men’s and women’s soccer
September 12
September 12
Mastercard buying global threat intelligence company Recorded Future for $2.65 billion
Mastercard is buying global threat intelligence company Recorded Future for $2.65 billion, a move that will strengthen its cybersecurity services
September 12
September 12
McDonald's extends $5 deal through December to keep customers coming
McDonald’s is extending its $5 value meal until December at most U.S. stores, and the company's rivals are likely to follow
September 12
September 12
Managers of a state fuel company in Trinidad are charged in the 2022 deaths of four divers
Managers of a state-owned fuel trading company in Trinidad and Tobago are facing 15 charges linked to the 2022 deaths of four divers who became trapped in a pipeline while repairing it
September 12
September 12
The Palestinian economy is in free fall and will require billions to rebuild, the UN says
The Palestinian economy is “in free fall,” with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory, the United Nations says
September 12
September 12
Moderna lays out plan to slice research and development spending
Shares of Moderna tumbled early Thursday after the vaccine developer said it was cutting research and development spending and pushed back its time frame for breaking even
September 12
September 12
Early childhood development nonprofit Brilliant Detroit set to expand nationally
Brilliant Detroit, the early childhood education nonprofit that supports children in underserved communities “from belly to 8,” plans to expand its unique neighborhood-based holistic model beyond The Motor City
September 12
September 12
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week
September 12
September 12
US filings for unemployment benefits inch up slightly but remain historically low
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates
September 12
September 12
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels
September 12
September 12
Wholesale inflation cooled last month in latest sign that price pressures are slowing
Wholesale inflation cooled last month in latest sign that price pressures are slowing
September 12
September 12
Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Norfolk Southern said Thursday that its new CEO’s salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance
September 12
September 12
European Central Bank cuts benchmark rate by a quarter point, supporting tepid growth as inflation declines
European Central Bank cuts benchmark rate by a quarter point, supporting tepid growth as inflation declines
September 12
September 12
General Motors and Hyundai explore production and technology collaboration
General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology
September 12
September 12
Tech billionaire and SpaceX complete first private spacewalk high above Earth
Tech billionaire and SpaceX complete first private spacewalk high above Earth
September 12
September 12
Sri Lanka's opposition leader says the rich will pay more if he becomes president next week
Sri Lanka’s opposition leader contesting the presidential election next week said Thursday that if he comes to power he will renegotiate with the International Monetary Fund the 2022 economic reforms package to ensure that the rich pay more taxes and t...
September 12
September 12
The first private spacewalk led by a tech billionaire gets underway
The first private spacewalk led by a tech billionaire gets underway
September 12
September 12
How social media became a storefront for deadly fake pills
Fentanyl overdoses have become a leading cause of death for minors in the last 5 years or so — and social media, where tainted, fake prescription drugs can be obtained with just a few clicks, is part of the problem
September 12
September 12
US companies see record-low profits in China amid geopolitical tensions, report says
A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy
September 12
September 12
Tech billionaire pulls off first private spacewalk high above Earth
A tech billionaire has performed the first private spacewalk hundreds of miles above Earth
September 12
September 12
Thailand's slumping economy is new leader Paetongtarn's focus in her first parliamentary speech
Thailand’s new Prime Minister Paetongtarn Shinawatra, the daughter of former Prime Minister Thaksin Shinawatra, vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes
September 12
September 12
Colorado mining town's polluted legacy has a potential for profit, but some are wary of the risk
Piles of mine waste that loom above the historic Colorado mountain town of Leadville are a reminder of the city’s boom days
September 12
September 12
Could America's divide on marijuana be coming to an end?
The U.S. is divided when it comes to state and federal marijuana policy, but recent political developments could move the country toward greater acceptance of cannabis
September 12
September 12
Stock market today: Wall Street climbs closer to its record high
U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations
September 12
September 12
Boeing factory workers vote whether to strike and shut down aircraft production
Boeing is waiting to find out whether 33,000 aircraft assembly workers are going on strike and shutting down production of the company’s best-selling planes
September 12
September 11
Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee
Norfolk Southern says it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate
September 11
September 11
Norfolk Southern railroad says it has ousted its CEO for inappropriate relationship with an employee
Norfolk Southern railroad says it has ousted its CEO for inappropriate relationship with an employee
September 11