Wells Fargo overcharged nearly 11,000 investment accounts with advisory fees, SEC alleges
For years, Wells Fargo overcharged almost 11,000 investment advisory accounts about $27 million in fees, federal regulators alleged on Friday.
2023-08-25 23:54
Frozen vegetables sold at Food Lion and Kroger are being recalled
A brand of frozen mixed vegetables and sweet corn sold at Kroger and Food Lion is being recalled because of potential bacterial contamination.
2023-08-25 20:22
What happens in Jackson Hole doesn't stay in Jackson Hole
Most of the year, people visit Jackson Hole, Wyoming, to ski, fly fish or simply enjoy the region's vast natural beauty. But for three days in late August, the city situated in the heart of Grand Teton National Park transforms into Woodstock for economists.
2023-08-25 20:15
Jackson Hole: Fed policy collides with reality in the most unequal county in America
Central bank officials from across the world have descended upon Jackson Hole, Wyoming this week to discuss policy decisions that will shape the economy for years to come.
2023-08-25 19:51
UAW members could approve possible strikes at GM, Ford and Stellantis
The United Auto Workers union is preparing for possible strikes at the nation's three unionized automakers next month, as the union tries to win back many of the concessions it lost more than 15 years ago and protect members during the transition to electric vehicles in the years ahead.
2023-08-25 19:47
A mariner accused of raping college student loses ability to work at sea, but escapes criminal charges
In a high-profile case that rocked the commercial shipping industry, a sailor accused of raping a student from the US Merchant Marine Academy has agreed to surrender his credential to work on ships, but he will not be criminally prosecuted.
2023-08-25 19:16
IMF chief says Africa must do these three things to increase trade
Africa's growth has been sluggish in recent years, but IMF managing director Kristalina Georgieva believes new opportunities lie ahead.
2023-08-25 16:49
Large US tech companies face new EU rules
The world's largest tech companies must comply with a sweeping new European law starting Friday that affects everything from social media moderation to targeted advertising and counterfeit goods in e-commerce.
2023-08-25 15:18
Saudi Arabia, UAE and Iran among six countries invited to join BRICS group
Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade.
2023-08-25 11:20
North Carolina Hooters sued for racial discrimination against employees
The US Equal Employment Opportunity Commission has sued a North Carolina Hooters restaurant for allegedly discriminating against Black or darker-skinned "Hooters Girls," the federal agency announced Thursday.
2023-08-25 09:26
Gap reports mixed second quarter and decline in sales across all brands
Gap saw soft sales across all four of its brands in the latest quarter.
2023-08-25 08:51
UAW wins 25% raises for workers at Ohio EV battery plant
The United Auto Workers union reached a tentative deal Thursday to raise wages 25% at Ultium Cells, a company that makes batteries for General Motors' electric vehicles.
2023-08-25 08:28