Questions Surround Fed's Interest Rate Cut Strategy
The one thing U.S. economists are counting on this week is a much-anticipated interest rate cut by the Federal Reserve. However, the fallout from Wednesday's expected move is not so certain.
Video: Banksy Artwork Stolen From London Gallery In Smash And Grab
2 men have been arrested and charged with burglary for allegedly stealing an autographed print by the popular artist this week.
Trump's Social Security Proposal Could Cost Up To $1.6 Trillion In Tax Revenue
Former President Donald Trump's plan to eliminate taxes on Social Security benefits is coming under fire from economists for adding a projected $1.6 trillion in tax revenue over the next decade.
Wholesale Prices Clear The Way For Fed Rate Cuts
The U.S. economy appears to have cleared the final hurdle for the Federal Reserve to reduce interest rates next week with Thursday's data showing wholesale prices on target with projections.
Boeing Workers Vote On New Contract As Possible Strike Looms
Boeing employees are voting today whether to support a potentially devastating strike in the Seattle region, with workers weighing in on a new contract as the old one expires Thursday.
2025 Social Security Cost-Of-Living Increase Likely Lowest In 4 Years
Social Security recipients will likely see the smallest cost-of-living increase in the last four years after the release of government data showing that inflationary pressures are cooling.
Trump Media Stock Falls, Solar Shares Heat Up In Wake Of Debate
While media pundits and undecided voters continue to argue the highs and lows of Tuesday night's presidential debate in Philadelphia, the stock markets are choosing the winners and losers Wednesday on Wall Street.
Campbell's Is Dropping The 'Soup' In Favor Of Snack Options
The Campbell Company unveiled its new name and logo Tuesday, reflecting a switch from its soup-driven brand to reflect the wide selection of foods under its umbrella.
Gen Z, Millennials Skipping Parenthood Over The Price Tag: Study
Two generations of Americans are increasingly opting against parenthood, and they blame it on the rising cost of raising children, according to a new study from MassMutual.
Francine Strengthens As It Takes Aim At US Gulf Coast
Residents along the U.S. Gulf Coast are bracing for Tropical Storm Francine, which is strengthening toward hurricane status as it travels north to a likely Wednesday landfall.
US Partnering With India On Semiconductor Supply Chain
The United States and India are working together to solve the global semiconductor chip shortage thanks to a partnership unveiled by both countries on Monday.
Eli Lilly Names New CFO Amid Weight-loss Drug Expansion Plan
U.S. pharmaceutical giant Eli Lilly named a new chief financial officer on Monday during a critical time for the company's exploding weight-loss drug market.
'Donald Trump Is Not A Conservative': Liz Cheney
Former Rep. Liz Cheney (R-Wyo.) ratcheted up her criticism of GOP presidential candidate Donald Trump over the weekend, saying the MAGA movement firebrand is "not a conservative."
Liz Cheney Says Father Dick Cheney Also Will Vote For Democratic Ticket
Liz Cheney said Friday that her father, former Vice President Dick Cheney, will be joining her in backing the Democratic ticket in the 2024 presidential election.
US Announces $250M Package To Ukraine But Denies Missiles To Strike Deep Inside Russia
U.S. Defense Secretary Lloyd Austin unveiled the package at a joint press conference with Ukrainian President Volodymyr Zelenskyy at Ramstein Air Force Base in Germany.
Wall Street Ends Week On Sour Note On Job Report, Drop In Tech Stocks
Wall Street ended the week in a sour note Friday on the heels of a disappointing August jobs report and a continued sell-off of technology stocks.
Warren Buffett Rakes In $7 Billion From Bank Of America Stock Sales
Berkshire Hathaway has sold Bank of America stock in nine consecutive trading sessions, dating back to Aug. 26.
Trump Plans To Put Elon Musk In Charge Of US Government Audit
Former President Donald Trump outlined his economic plan to appoint billionaire Elon Musk to head a new efficiency commission that would involve an in-depth audit of the government to eliminate wasteful spending.
US Regulators Warn About Deadly Baby Products On Shein, Temu
Two popular Chinese retail websites, Shein and Temu, face a proposed investigation by a U.S. government agency for dealing in "deadly baby and toddler products."
Kamala Harris Calls Georgia School Shooting 'Senseless Tragedy'
Four were killed and nine other were transported to the hospital after a 14-year-old gunman opened fire at Apalachee (Ga.) High School, which Harris called a "senseless tragedy."
Another Lockheed Martin Missile Could Be Heading To Ukraine; Here's How Its Stock Is Doing
The prospects of American-supplied missiles in Ukraine's war against Russia aren't the only things preparing for launch; U.S. military contractor Lockheed Martin Corp.'s stock price is also blasting off to new heights.
Stock Markets See September Selloff As Tech Stocks Tank
Stock markets were led lower largely by tech stocks, specifically the producers of microchips.
Kathy Hochul Ex-Aide Accused Of Selling Access To China Arrested At $3.6M Long Island Mansion
A former senior aide to New York Gov. Kathy Hochul and her husband were arrested Tuesday in their Long Island mansion and charged with selling access to the Chinese government.
Brazilian Judge Suspends X; Elon Musk Calls Him 'Evil Dictator'
The social media platform X was suspended in Brazil on Friday amid a showdown between owner Elon Musk and Brazilian Supreme Court justice Alexandre de Moraes.
Co-workers Of Arizona Wells Fargo Employee Found Dead For Days At Her Desk Thought Smell Was Just Bad Plumbing
A foul odor at a Tempe, Arizona Wells Fargo bank office that some employees thought was bad plumbing turned out to be the smell of a co-worker who had been dead at her cubicle for four days.
Yelp Files Antitrust Lawsuit Against Google For Search Engine, Ad Market Monopoly
Google's recent defeat in a federal antitrust ruling opened the company up to a lawsuit filed Wednesday by Yelp, another tech giant that allows users to post business reviews.
Dow Reaches Record High While Tech Stocks Weigh On Recovery
The Dow Jones Industrial Average hit a record high Monday, while tech-sector losses weighed on the S&P 500 and Nasdaq Composite in another typically volatile day on Wall Street.
RFK Jr. To Drop Out Of Race, Endorse Trump: Reports
Third-party presidential candidate Robert Kennedy Jr. plans to drop out of the race and endorse former President Donald Trump, according to a media report.
Wall Street Today: Stocks React Favorably To Revised Unemployment Data
The U.S. economy got some relief from a favorable unemployment report on Thursday, and the stock markets responded in kind with strong gains from the opening bell.
Global Stock Selloff Continues As Markets Enter Correction Phase
After European markets tanked and all three major U.S. indices saw significant drops during pre-market trading, the selloff ramped up after markets opened on Wall Street.