Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate
2023-10-12 02:25
Birkenstock stumbles in its stock market debut as Wall Street trades in its wingtips for sandals
Birkenstock shares are tumbling as the stock makes its debut on the New York Stock Exchange as Wall Street trades in its wingtips for sandals for a day
2023-10-12 01:49
Social media is awash in misinformation about Israel-Gaza war, but Musk's X is the most egregious
While Twitter has always struggled with combatting misinformation about major news events, it was still the go-to place to find out what’s happening in the world
2023-10-12 01:25
Detroit automakers and union leaders spar over 4,800 layoffs at non-striking factories
Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks
2023-10-12 01:15
The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight
2023-10-11 23:45
Chinese carmaker Geely and Malaysia's Proton consider EV plant in Thailand, Thai prime minister says
Thailand's prime minister says Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles
2023-10-11 21:45
German government forecasts that the country's economy will shrink by 0.4% this year
Germany's government says it expects the country’s economy to shrink by 0.4% this year
2023-10-11 20:52
Exxon Mobil buys Pioneer Natural in $59.5 billion deal with energy prices surging
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, making it one of the oil giant’s biggest transactions ever
2023-10-11 19:27
FTC proposes a ban on 'junk fees' and says hidden charges push up prices
The Federal Trade Commission is proposing a rule to ban any hidden and bogus “junk” fees, which can mask the total cost of concert tickets, hotel rooms and utility bills
2023-10-11 17:17
Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higher
Shares are higher in Asia, tracking Wall Street gains following an easing of pressure from the bond market
2023-10-11 14:56
Fire partially collapses a parking structure at London's Luton Airport and 5 people hospitalized
A fire burning in a London airport’s parking structure has caused a partial collapse, and five people have been injured
2023-10-11 11:59
Nebraska voters will decide at the ballot box whether public money can go to private school tuition
Nebraska's top election official has confirmed that Nebraska voters will decide next year whether public money can go to private school tuition
2023-10-11 06:50