Editor's Pick

The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go...

Editor's Pick

Peloton to start charging subscribers with used equipment $95 activation fee

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Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary...

Editor's Pick

Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

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Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way...

Editor's Pick

July home sales break a four-month losing streak as supply rises nearly 20% over last year

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Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of...

Editor's Pick

Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

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The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million...

Editor's Pick

Fed minutes point to ‘likely’ rate cut coming in September

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Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a...

Editor's Pick

U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy

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U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision...

Editor's Pick

Ford delays new EV plant and cancels electric three-row SUV as it shifts strategy

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