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Senate report slams airlines for raking in billions in seat fees

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The Senate panel is calling airline executives to testify next week about their carriers' fees.

Published: 2024-11-26 16:46:23

Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

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Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.

Published: 2024-11-26 19:05:32

Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico

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The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.

Published: 2024-11-26 16:30:22

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%

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The results shed light on how MariTide may measure up to weight loss injections from Novo Nordisk and Eli Lilly and other experimental treatments.

Published: 2024-11-26 17:35:54

Intel and Commerce Department finalize $7.9 billion CHIPS Act grant

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The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

Published: 2024-11-26 17:08:10

32-year-old American in Denmark, one of the world’s happiest countries: The No. 1 thing I’ve learned about building a rich life

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In late 2018, Chloé Skye Weiser and her Czech partner moved to Odense, a city of 187,000 on the Danish island of Funen. Here's how she built a rich life there.

Published: 2024-11-26 14:54:38

59% of Americans consider this the No. 1 sign of success — it's not wealth

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About 59% of surveyed U.S. adults say the ability to spend money on things and activities that make them happy is the top sign of success, a report found.

Published: 2024-11-26 13:39:53

How President-elect Donald Trump may impact investors in these 8 market sectors

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President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.

Published: 2024-11-26 17:24:27

Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

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The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.

Published: 2024-11-26 18:32:33

Proposed law aims to help Americans save more for retirement—but could end up hurting Gen Z, millennial workers

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Lawmakers have proposed a federal retirement savings plan akin to a 401(k). Researchers say the law could hurt a majority of American workers.

Published: 2024-11-26 17:29:32

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

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Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.

Published: 2024-11-26 18:05:20

Police departments across U.S. are starting to use artificial intelligence to write crime reports

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Even as AI gains traction in police work, legal experts are raising concerns over accuracy, transparency, and potential bias.

Published: 2024-11-26 16:13:44

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

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Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Published: 2024-11-22 17:25:23

We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock

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We recently trimmed Best Buy to protect hard-fought gains, and we're going to wait a bit before buying them back.

Published: 2024-11-26 18:58:36

Constellation Brands' stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive

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Constellation manufactures all of its beers, including Modelo and Corona, in Mexico.

Published: 2024-11-26 19:03:44

Black Friday is almost here but some sales aren't all they are cracked up to be: Here's what not to buy

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Retailers hype Black Friday discounts, but these may not be the best prices of the year, experts say.

Published: 2024-11-26 14:54:25

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

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The big-box retailer, the nation's largest, joins a growing list of companies feeling the heat from conservative activists.

Published: 2024-11-26 18:01:23

Abercrombie expects a strong holiday quarter as growth run continues

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Abercrombie & Fitch is expecting a strong holiday shopping season, and the arrest of its former CEO Mike Jeffries for sex trafficking did not seem to hit sales.

Published: 2024-11-26 17:01:21

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

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Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.

Published: 2024-11-26 18:32:51

How Bluesky rose out of Twitter's ashes to challenge X and Threads

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Bluesky could be on the verge of a turning point if it continues rapidly attracting users and finds a way to monetize without scaring them off.

Published: 2024-11-26 13:45:55

Billionaire Jersey Mike's CEO still gets behind the counter to slice deli meat like he did at age 14: I do it 'every time I’m in a store'

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Jersey Mike's CEO Peter Cancro describes his leadership approach as an amiable one — that's a green-flag trait for many bosses, according to an expert.

Published: 2024-11-26 14:51:51

Social media creators turn to subscription apps due to increasingly competitive, volatile content economy

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Many content creators are increasingly looking to monthly subscription platforms like Substack and Patreon for consistency in their monthly income. 

Published: 2024-11-26 13:00:01

Bitcoin slides toward $90,000 as ETFs end a positive streak

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Bitcoin retreated from the psychologically important $100,000 milestone as investors booked profits from the token's post-U.S. election gains.

Published: 2024-11-26 14:42:55

38-year-olds launched a T-shirt side hustle that got endorsed by Oprah—their business could bring in $300,000 this year

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Ashley and Kenny Green started apparel company Kaans Designs while Ashley was on maternity leave. Now it's a profitable business with a rare "Shark Tank" loan deal.

Published: 2024-11-26 18:30:46

Most job seekers say they've been ghosted or 'love-bombed' during interviews—it can make them 'question their career and sanity'

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Stories of job-seekers making progress on their search, only to have the rug pulled out from under them late in the hiring process, have become all too common.

Published: 2024-11-26 14:53:41

Republicans gear up for the coming battle over $5 trillion tax cut's costs

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Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.

Published: 2024-11-25 21:44:06

The 10 U.S. states with the highest average credit scores

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For the third year in a row, Minnesota residents have the highest average credit scores in the U.S., a recent report from WalletHub finds.

Published: 2024-11-26 14:00:01

Adani Group's troubles keep growing as financial and legal headwinds get stronger

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Adina Group's troubles are only growing as financial and legal headwinds get stronger

Published: 2024-11-26 13:59:14

Starbucks baristas can't view their schedules after ransomware attack on vendor

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Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the company's vendors.

Published: 2024-11-25 20:56:37

Britain's finance watchdog sets out plan to implement crypto regulation regime by 2026

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The U.K.'s Financial Conduct Authority (FCA) unveiled a timeline detailing key dates and milestones it's working toward on its regulatory roadmap for crypto.

Published: 2024-11-26 12:48:06

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