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Business
Dow, S&P hit all-time high; Macy’s store closings; Disney CEO Iger’s payday; and Spirit-JetBlue deal grounded
— The Dow Jones Industrial Average and the S&P 500 soar to fresh all-time highs — FOX Business Exclusive: Federal Reserve President Mary Daly on the next rate move—…
January is an ideal time to review your insurance policies
Insurance premiums are on the rise for many Americans already battling higher costs due to inflation. Roughly 70% of people are actively reviewing their insurance policies…
Maryland woman wins $50,000 in lottery after trusting her gut: ‘I was so happy’
"It was disbelief. Could it really be $50,000?" The woman told the Maryland Lottery that she plans on spending her prize on her family, perhaps with "a big event" or "maybe a…
Marilyn Monroe’s Los Angeles home where she died spared from demolition — for now
Hollywood icon Marilyn Monroe’s former Los Angeles home is being temporarily saved from demolition. On Thursday, the Los Angeles Cultural Heritage Commission voted unanimously…
CDC expanding tainted charcuterie meat probe affecting Costco, Sam’s Club
The Centers for Disease Control and Prevention announced an expansion to the scope of their recall of charcuterie meats sold at Costco and Sam's Club. An investigation into…
Russia replaced Saudi Arabia as China’s top oil supplier in 2023
Western-imposed sanctions forced Russia to offer discounts on its crude oil last year and China took full advantage, with the Kremlin replacing Saudi Arabia as the communist…
US pension funds worth $1.5tn add risk through leverage
US public pension plans that manage hundreds of billions of dollars of assets are increasingly turning to risky leverage strategies as burgeoning private market holdings create…
Macy’s will close these five stores following layoffs of more than 2,300 employees
Macy’s will close five locations permanently. The closures come as part of a move first reported Thursday by the Wall Street Journal that includes the retailer eliminating…
Big developer launches $1bn fund to buy distressed New York offices
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of New York’s biggest property developers is…
TikTokers explain how to save money and live better with ‘no-spend January’ viral trend: Report
A new online challenge, "no-spend January," has gone viral on TikTok and gives advice on how to start the year off right and save money. The hashtag "nospend" has over 53…