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The stock market received what it expected from the Federal Reserve—a 50 basis point interest rate cut. Stocks rose initially, but the broader stock...
The broader stock market indexes are still in a holding pattern as investors await the Fed’s decision on Wednesday. Tuesday’s price action was a...
As of Tuesday, the CME’s FedWatch Tool gave a 67% chance of a 50 basis-point rate cut—way up from the 25-point cut everyone was...
EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about 1,000 full-time jobs, as the tech industry continues...
U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as ‘free’ unless they are free for all customers, or if eligibility is clearly...
Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will go...
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program ‘Raw’ starting next year, in Netflix’s first major foray into...
The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier...
Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according to...
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store...
American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had come...
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management...
Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce their cars’ driving range....
The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office Sports, came...
If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait. On Wednesday, balm specialists...
The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the...
After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the year below 6%, according...
Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a...
The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft protection plans. The independent watchdog agency...