Asian markets were mixed on Tuesday after rising Monday on news of relaxing Covid restrictions in China. The Hang Seng index in Hong Kong, the Shanghai...
Mortgage companies Fannie Mae and Freddie Mac will raise the limits of government-backed loans in 2023, to a record level of over $1 million in some...
McDonalds reported its sales in the U.S. in the third quarter were up 6.1% over last year, as consumers were pinched by higher grocery prices. The...
Crypto companies are falling like dominoes, with BlockFi filing for bankruptcy on Monday due to its exposure to collapsed crypto exchange FTX. BlockFi, once valued at...
New York Federal Reserve President John Williams in a speech on Monday said that rising interest rates will be necessary to fight inflation until 2024. My...
While gas prices are expected to trend lower in 2023, analysts at price-tracking app GasBuddy say a $4 national average over the summer “remains possible.” The...
Retail sales fell 0.6% in November from the previous month, more than expected, as consumers pulled back on spending even as inflation shows signs of easing....
In a sign that inflation could begin easing, the consumer price index rose less than expected in October. Prices measured by the index in October increased...
Uber stock rose more than 11% on Tuesday after it reported its revenue in the third quarter was up 72% over the same period last year....
Amazon on Wednesday reported its “biggest ever” Thanksgiving holiday shopping weekend, though it did not provide exact sales figures. The company said independent sellers generated more...