Business
Dow rallies more than 500 points to record, closes above 37,000 for the first time
The Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several...
Read more
FTC reveals new rule targeting auto dealership scams
The Federal Trade Commission announced a new rule Tuesday intended to stop auto dealers from using hidden fees and bait-and-switch...
Read more
Millions of parents and young kids could be denied food aid next year without funding boost, report warns
A long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children...
Read more
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The...
Read more
What to expect as the Fed prepares its final interest rate decision of 2023
Wall Street isn’t expecting any drama when the Federal Reserve announces its final interest rate decision of the year on...
Read more
Hasbro laying off 1,100 workers as weak toy sales persist into holiday season
Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the holiday...
Read more
More signs of slowing inflation may arrive in latest consumer price data
Experts think the government’s last price report of the year will provide more evidence that inflation is slowing. The Bureau...
Read more
A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.
It’s a dramatic and troubling claim: Two New York law professors, one of them a former commissioner of the Securities...
Read more
Blue-collar hiring and pay gains stay hot in a cooling job market
Many blue-collar workers are riding into 2024 on a year’s worth of stronger hiring, more plentiful job opportunities and faster...
Read more
Housing market may be thawing as rates dip and listings inch higher
The housing market might be turning around for frustrated would-be buyers as mortgage rates dip and listings rise, according to...
Read more
