Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National…
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N.Y. Fed President John Williams says inflation is too high but will start coming down soon
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating…
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Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly,…
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Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s…
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Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure…
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Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold their…
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The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent option…
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Orange juice prices are going through the roof — forcing some makers to consider alternative fruits
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers to…
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A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an…
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Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags. The warning affects certain…