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Category: Economy

Bezos knocks Musk out of No. 1 spot on Bloomberg b...

Jeff Bezos on Monday beat out Elon Musk as the wealthiest billionaire. Bloomberg pegged the Amazon founder's net worth at $200 bil...

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Facebook, Instagram service restored after widespr...

Meta Platforms confirmed it was hit with widespread outages worldwide Tuesday morning, with users of Facebook, Instagram, Messenge...

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SEC holds calls with spot bitcoin ETF hopefuls as ...

News of the calls has fueled speculation among some industry participants that the agency could be gearing up to approve applicati...

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Nike forecast cut rattles sportswear stocks as spe...

The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for ...

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Bristol Myers to buy Karuna Therapeutics for $14B

Karuna’s crown jewel, an experimental drug called KarXT, is the product of such new insights. The drug could surpass $6 billion in...

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Deciphering the stock market's holiday rhythms dur...

Explore how the holiday season affects the stock market: reduced trading, year-end shifts, and festive sentiments influencing inve...

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Biggest business stories of 2023 and a peek at nex...

The Fed's surprise move amid wild inflation, to a disgraced crypto king's conviction for the ages and a resurgence of Bitcoin bull...

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What happens to the billions in gift cards that go...

Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.

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Here are the stores and restaurants open on Christ...

Need a last minute ingredient or gift on Christmas Day? Here's what restaurants, grocery stores and fast-food chains will be open.

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What's open on Christmas Eve? See the hours for to...

Here's where you can find which stores, restaurants, fast food chains and grocery stores are open on Christmas Eve.

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Southwest cancels hundreds of flights, disrupting ...

Southwest Airlines again hit with flight disruptions, though most U.S. passengers are enjoying a smoother takeoff for their holida...

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Honda recalls 2.5 million vehicles due to fuel pum...

A fuel pump-related issue has prompted Honda to issue a recall of over 2.5 million vehicles, according to a recall report submitte...

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Paramount, Warner Bros Discovery discuss merger; w...

The chief executives of Warner Bros. Discovery and Paramount Global reportedly recently got together to weigh the possibility of m...

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Most home listings unaffordable for typical earner...

A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year we...

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Rudy Giuliani files for bankruptcy following $146M...

Former New York City mayor and Trump attorney Rudy Giuliani has filed for bankruptcy after a jury ordered him to pay $146 million ...

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Got "tipping fatigue"? Here's how much to give for...

Tipping for the holidays is an important way to reward employees who go above and beyond, experts says. Here's how much to give.

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Pornhub's parent company to pay $1.8 million to se...

The deal calls for the Montreal-based company to pay more than $1.8 million to the U.S. government, as well as make separate payme...

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Giuliani must immediately pay $148 million to Geor...

The judge in the defamation case against the former New York mayor cited her concerns that Giuliani might hide financial assets.

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Toyota recalls 1 million Toyota, Lexus vehicles ov...

Toyota and Lexus cars are being recalled in December 2023 because potentially defective sensors could prevent front passenger air ...

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2.5 million Honda cars recalled over stalling risk...

A fuel pump failure can cause the Honda vehicles to stall while on the road, increasing the risks of a crash.

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