Red Sea crisis boosts shipping costs, delays – and inflation worries
To avoid attacks by Iran-backed Houthi militants based in Yemen, carriers have already diverted more than $200 billion in trade from the Red Sea.
To avoid attacks by Iran-backed Houthi militants based in Yemen, carriers have already diverted more than $200 billion in trade from the Red Sea.
With the layoffs came a drop in employee satisfaction, particularly for middle managers, that economist Aaron Terrazas predicts will persist in 2024.
Starting in 2024, you can roll unused 529 plan funds to a Roth individual retirement account, without taxes or penalties. Here's what to know.
The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.
Supplemental Security Income, or SSI, beneficiaries started receiving increased benefits for 2024 in December. Here's what to know about those payments.
More than 150 names of people connected to sex offender Jeffrey Epstein are contained in New York federal court documents set to be made public.
Hiring and job hopping have decreased while layoffs have stayed historically low. That bodes well for workers but not for the unemployed, an economist said.
A rotation out of the mega-cap tech stocks may be afoot. But staying away may be easier said than done.
If you're on the fence about partaking in Dry January, there's an incentive to consider: the financial savings.
Bitcoin tumbled on Wednesday, giving back all of its gains from the rally earlier this week.
Goldman Sachs upgraded the stock to "neutral," citing the impact on ocean freight rates.
U.S. Treasury yields rose on Wednesday as investor attention turned to economic reports due this week that could provide insights into the labor market.
The Federal Reserve's period of policy tightening appears to be over, opening the door to lower borrowing costs in the year ahead.
The JOLTS report showed employment listings nudged lower to 8.79 million, about in line with the Dow Jones estimate for 8.8 million.
General Motors' U.S. vehicle sales increased 14.1% last year to represent the automaker's best year since 2019.
Tensions in the Middle East are mounting as militants attack vessels in the Red Sea and protest in Libya shut an oilfield.
Xerox will cut 15% of workforce as part of a new restructuring plan.
The U.S. central bank expects to cut rates three times in 2024. Investors can lock in CD rates now, while bonds are poised for a pop.
Samsung will show off the features of its new AI-powered phone Jan. 17 at its own event.
Wall Street is under pressure.
"We're making real progress," Barkin, a voting member this year on the rate-setting Federal Open Market Committee, said in prepared remarks.
16-year old Luke Littler on Wednesday will compete in the final of the world PDC World Darts Championship against Luke Humphries with £500,000 up for grabs.
Total mortgage application volume was down 9.4% for the week ended Dec. 29, compared with two weeks earlier, according to the Mortgage Bankers Association.
The killing of a senior Hamas leader in Lebanon's capital of Beirut has sparked fears that the war in Gaza could spread far beyond the Palestinian enclave.
Notable overseas investments in 2023 included Nintendo in Japan and Vale Basic Materials in Brazil.