Stocks tumbled on Friday to cap a brutal week for financial markets as surging interest rates and foreign currency turmoil heightened fears of a global
Category Archives: business
Latinos are 'vastly' underrepresented on corporate boards
Latinos make up 19% of the population but hold only 4% of corporate board seats, a report by the Latino Donor Collaborative found.
Boeing pays $200 million to settle SEC charges over 737 Max safety claims
Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the
Americans will pay more for heat this winter, and it's not just because of inflation
Americans are about to see the biggest increase in their home heating bills in more than 10 years, and it’s not just because of inflation. A new report from
Best buyer's market in years? Interest rate hikes may not slow down holiday shoppers
As the Federal Reserve continues to raise interest rates in its bid to tame inflation, the central bank may be hoping that holiday shopping in the U.S. will be
Tesla to recall 1M vehicles because closing automatic windows may exert 'excessive force'
Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction.
Bank of England hikes rates but avoids more aggressive steps to tame inflation
Britain’s central bank raised its key interest rate by another half-percentage point Thursday, avoiding more aggressive steps to tame inflation that the U.S.
Federal Reserve raises key interest rate by 0.75% in ongoing inflation fight
The Federal Reserve on Wednesday raised its key interest rate by 0.75% for the third time in a row as it races to get ahead of the galloping inflation that is
Walmart plans to hire 40,000 workers for the holiday season
Walmart announced Wednesday that it will be hiring 40,000 seasonal and full-time associates as the holiday season approaches.
The gas price decline ends its streak at 98 days amid hurricanes and war
The average cost of gas in the U.S. inched up by a penny Wednesday, ending a 98-consecutive-day streak of declining prices, AAA.com said.