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Finance

Fed officials were divided on whether to cut rates by half a point in September, minutes show

October 10, 20240

WASHINGTON โ€“ Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately ...

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Economy

Hurricane Milton could cause as much as $175 billion in damage, according to early estimates

October 10, 20240

Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton, U.S., October 7...

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Earnings

GM expects 2025 earnings to be similar to this year’s despite industry headwinds

October 10, 20240

New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, July 2, 2024.Justin Sullivan | Getty ImagesDETROIT ...

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Business

CVS, UnitedHealth, Cigna say FTC should take Lina Khan and two commissioners off drug middlemen case

October 10, 20240

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled "Fisc...

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Finance

Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them

October 8, 20240

krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established...

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Economy

Here’s where the jobs are for September 2024 โ€” in one chart

October 8, 20240

Getty ImagesThe September jobs report was surprisingly strong, and the details show that growth came from many different areas of the economy.The...

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Earnings

Best Buy shares surge on profit beat and guidance hike

October 8, 20240

Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter.Shares of ...

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Business

GM investor day: Cruise, cash and EV profits top of mind for Wall Street

October 8, 20240

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson's building in Detroit, Michigan, US, ...

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Finance

Fed rate cuts should favor preferred stocks, Virtus money manager says

October 7, 20240

One financial firm is trying to capitalize on preferred stocks โ€“ which carry more risks than bonds, but aren't as risky as common stocks.Infrastr...

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Economy

Jobless rates fall for Black and Hispanic men in September

October 7, 20240

Job seekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26, 2024.Joe Raedle | Ge...

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