Categories World News
U.S. markets close sharply lower — but some economists say economy looks stable
August 6, 2024
Stocks saw a dramatic pullback — their third in as many trading days — as a confluence of factors including ongoing fears
World News
Categories World News
JPMorgan Chase is opening more small-town branches in middle America
August 6, 2024
Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the
Categories World News
American recession fears spark selloff in international markets and point to lower U.S. open
August 5, 2024
U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a
Categories World News
CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage
August 5, 2024
CrowdStrike on Sunday said Delta Air Lines had rejected on-site help during last month’s massive outage that sparked thousands of flight cancellations. Delta CEO Ed Bastian told CNBC’s “Squawk
Categories World News
Business is good in ‘Vacationland.’ It would be even better with more housing.
August 5, 2024
ROCKLAND, Maine — Noah Barnes can’t sell bunks aboard his schooner fast enough. The ones unoccupied by his staff, anyway. Barnes, the owner
Categories World News
Dow tumbles more than 600 points after weak jobs report
August 5, 2024
Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears
Categories World News
Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple
August 5, 2024
Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed
Categories World News
Mortgage rates plunge to the lowest level in over a year after weak employment report
August 5, 2024
The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the
Categories World News
U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown
August 5, 2024
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has
Categories World News
Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos
August 5, 2024
Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last