Dow closes above 50,000 for the first time ever
(NEW YORK) -- The Dow Jones Industrial Average closed above 50,000 for the first time ever on Friday.A surge in markets reversed a selloff... Read More.
Business
Consumer sentiment brightens, defying economists’ expectations
(NEW YORK) -- Consumer sentiment ticked higher in February for the second consecutive month as inflation fears appeared to ease, though shopper attitudes... Read More.
Bitcoin plunges to lowest level since October 2024
(NEW YORK) -- The price of bitcoin plunged more than 10% on Thursday, sinking the world's largest cryptocurrency to its lowest level since... Read More.
Disney names Josh D’Amaro CEO, Dana Walden president and chief creative officer
(NEW YORK) -- The Walt Disney Company announced on Tuesday that Josh D'Amaro will become the company's next CEO in March, replacing current chief... Read More.
EEOC alleges anti-white discrimination at Nike, seeks court enforcement of subpoena
(WASHINGTON) -- The federal agency that investigates workplace discrimination is seeking court enforcement of a subpoena it has issued to Nike as it pursues... Read More.
Trump accounts, deductions for tips: What’s new for tax filing this year
(NEW YORK) -- Tax season kicked off this week as the U.S. Internal Revenue Service began allowing filers to submit completed tax forms.Americans... Read More.
Trade tensions are whipsawing US mortgage rates. What happens next?
(NEW YORK) -- Mortgage rates whipsawed in recent weeks as markets reacted to a flurry of policies from the Trump administration.It began with... Read More.
Gold hits record high as investors seek safety
Gold soared to a new record high on Monday, topping $5,000 per ounce for the first time ever as investors rushed toward the... Read More.
Amazon to reduce workforce by 16,000, company says in email to staff
(NEW YORK) -- Tech giant Amazon said on Wednesday it planned to cut about 16,000 employees as it seeks to "strengthen" its business by... Read More.
Federal Reserve holds interest rates steady
(NEW YORK) -- The Federal Reserve held interest rates steady on Wednesday, ending a string of three consecutive quarter-point rate cuts as the central... Read More.
Dow closes down 870 points as Trump threatens tariffs on European countries over Greenland
(NEW YORK) -- Stocks closed down significantly on Tuesday, deepening losses suffered at the outset of trading, after President Donald Trump threatened tariffs... Read More.
European officials suspend US trade agreement amid tariff dispute over Greenland
(NEW YORK) -- European lawmakers on Wednesday suspended a trade agreement with the United States over tariff threats issued by President Donald... Read More.
