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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...
Apple will pause U.S. sales of two of the latest versions of its Apple Watches due to an intellectual property dispute over their Blood Oxygen...
Attacks by Iran-backed Houthi militants on ships in the Red Sea have already rocked global trade. And there could be more disruptions and price increases to...
The Department of Transportation fined Southwest Airlines $140 million for major flight disruptions during the 2022 holiday season and resulted in nearly 17,000 significantly...
DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce ending production, the company disclosed in...
In the high-dollar, high-tech world of chipmaking, $35 million is a pittance. But the Biden administration’s first CHIPS Act grant, to BAE Systems’ semiconductor...
Americans who are planning to visit Europe in 2024 don’t have to worry about applying to the European Union’s new travel authorization system yet....
Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in its...
Coca-Cola is recalling cans of Diet Coke, Sprite, and Fanta Orange that were distributed in Alabama, Mississippi and Florida, saying the cans may contain...
Virtual Dining Concepts, a brand that partnered with YouTube star MrBeast in 2020, is continuing to push back against claims he made in a...
The Federal Reserve again kept interest rates steady in final meeting of the year on Wednesday. The U.S. central bank left its benchmark rate...
There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic. The real estate brokerage Redfin said...
The Federal Trade Commission announced a new rule Tuesday intended to stop auto dealers from using hidden fees and bait-and-switch price tactics on buyers....
The Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several times next year, satisfying...
A long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children without access to its...
Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The discounts, known as pricing exceptions,...
It’s a dramatic and troubling claim: Two New York law professors, one of them a former commissioner of the Securities and Exchange Commission, say...