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Finance
As inflation falls, corporate America won’t rush to pay the price
U.S. President Joe Biden delivers remarks during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in the East Room of the White…
47-year-old learned to cook in prison—now his California restaurant brings in over $1 million a year
Ali Elreda believes in second chances — and he's grateful for his own.Elreda learned to cook in prison. He was convicted in 2009 for "intent to distribute" cocaine, according to…
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank."We aren't really talking about rate cuts…
This ETF offering could become next year’s hot product
BNY Mellon's global head of ETFs suggested exchange-traded funds using options overlays could become next year's hot product."We are absolutely going to see more of these…
Is a Santa Claus rally ahead? 4 big things on our radar in the market next week
The major stock indices rallied higher for their seventh straight week, lifted largely by positive comments on Wednesday by Federal Reserve Chairman Jerome Powell. The Dow Jones…
Even high earners consider themselves ‘not rich yet,’ despite their net worth
These days, fewer people feel financially comfortable, let alone rich.The average household's net worth has soared in recent years, rising 37% between 2019 and 2022, according to…
‘Good one, Donald’: Biden flaunts stock market record highs, mocks Trump for predicting…
U.S. President Joe Biden speaks during an event about lowering health care costs in the East Room of the White House on July 7, 2023 in Washington, DC.Drew Angerer | Getty Images…
Rudy Giuliani ordered to pay over $148 million to Georgia election workers for defamation
Rudy Giuliani at 60 Centre Street in Manhattan on Thursday, Sept. 8, 2022.Theodore Parisienne | Tribune News Service | Getty ImagesA federal jury on Friday ordered Rudy Giuliani to…
Expecting a package this holiday? If so, don’t fall victim to delivery scams
Andresr | E+ | Getty ImagesAre you expecting a package delivery this holiday season?If so, scammers may try to dupe you with bogus emails or text messages about a shipment to steal…
Stocks making the biggest moves midday: Scholastic, Roku, Costco and more
Check out the companies making headlines in midday trading. Scholastic — Shares tumbled about 12% after the publisher and distributor of children's books reported a 4%…