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July home sales break a four-month losing streak as supply rises nearly 20% over last year
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of...
Read morePhiladelphia Fed President Patrick Harker advocates for interest rate cut in September
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way...
Read morePeloton to start charging subscribers with used equipment $95 activation fee
Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary...
Read moreParamount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer
The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go...
Read moreWalz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.
Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz...
Read moreDOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high
The Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and...
Read moreWhy Ford believes its $1.9 billion shift in EV strategy is the right choice for the company
DETROIT — Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise...
Read moreFord delays new EV plant and cancels electric three-row SUV as it shifts strategy
DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans...
Read moreFed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a...
Read moreU.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision...
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FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into...
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Elon Musk’s politics are hurting Tesla, 85% say in investor survey
More than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political activities are hurting...
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Judge blocks Trump admin from targeting Democratic law firm after attorneys warn of firm’s demise
A federal judge on Wednesday blocked the Trump administration from enforcing an executive order seeking to penalize Democrat-linked law firm...
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Cozy ties between top Newsom ally and CCP official unearthed on networking site: ‘She helped me a lot’
A longtime ally of California Gov. Gavin Newsom repeatedly helped a now-former CCP official while she was serving as the...
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