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Finance
Judge denies Hunter Biden video court hearing on gun charges
Hunter Biden (R), son of U.S. President Joe Biden, leaves the J. Caleb Boggs Federal Building in Wilmington, Delaware, on July 26, 2023.Ryan Collerd | AFP | Getty ImagesA federal…
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more hike before the end of the year and fewer cuts than…
Barbie a hot Halloween costume as Americans plan to spend $4 billion dressing up
People are planning to spend a scary amount of money this Halloween — more than 100 bucks apiece on average, according to a new survey. The National Retail…
GM and Stellantis just laid off more than 2,000 additional workers because of the UAW’s strike
United Auto Workers members on a picket line outside the Stellantis NV Toledo Assembly Complex in Toledo, Ohio, on Sept. 18, 2023.Emily Elconin | Bloomberg | Getty ImagesGeneral…
The price gap between renting and buying just hit the widest point since 2000, new analysis shows
Renting is a far cheaper and smarter option for many Americans today in the face of high homeownership costs, according to a new analysis by the real-estate…
Biden administration forgives $37 million in student debt for defrauded borrowers
A sign marks the location of the University of Phoenix Chicago Campus in Schaumburg, Illinois.Getty ImagesThe Biden administration announced on Wednesday that it would cancel…
Opinion: Most long-term investors can ignore the Federal Reserve’s latest move
The Federal Reserve’s moves — or lack thereof — will affect everyone. And almost no one. The Fed made no rate changes on Wednesday, holding back on at least one…
Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more
Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Instacart — Instacart shares fell more than 5% one day after going public on the Nasdaq.…
GM executive slams UAW over ‘flow of misinformation,’ rhetoric during strike
Breaking with the long-standing tradition of the "handshake ceremony" with the auto executives of the Big Three auto makers to open contract talks, United Auto Workers president…
What the backlash to U.S. News’ new college rankings methodology is really about
When their schools received high rankings, college leaders touted the annual U.S. News list of the country’s best colleges, but, when their rankings dropped a year…