The Fed Is Poised to Cut Rates Again. Here’s What to Watch.
WASHINGTON — Federal Reserve officials are expected to cut interest rates for a second time on Wednesday, a move that could prove divisive among Fed…
Sep 18, 2019 14:32 UTC Business Read More
National Cheeseburger Day 2019: Best deals, discounts, freebies for today
Move over boring old Hump Day, this Wednesday is something special. Today is National Cheeseburger Day and there are plenty of opportunities for deals,…
Sep 18, 2019 13:34 UTC Business Read More
Comcast will give a free streaming box to its internet-only subscribers
Comcast will give a free streaming box to its internet-only subscribers, helping it control their TV watching experience even without getting them to pay for cable.
Sep 18, 2019 13:16 UTC Business Read More
Worried about a recession? Here's 5 ways small businesses can weather a downturn
Financial advisers and fund managers are bracing for the "October Effect" of declining stocks. Entrepreneurs should come up with a survival strategy.
Sep 18, 2019 11:59 UTC Business Read More
Congress threatens to subpoena Juul, saying vaping company isn't cooperating with probe
A House panel is threatening to subpoena Juul, saying the e-cigarette maker is not cooperating with a congressional probe looking at whether the company…
Sep 18, 2019 11:35 UTC Business Read More
Mortgage demand from buyers jumps, just as interest rates spike
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.
Sep 18, 2019 11:00 UTC Business Read More
Airbus ups 20-year new jet forecast with mega-cities tipped to drive growth
While more new planes are needed, Airbus predicts that overall there will be slightly fewer planes in the sky in 2038 than previously thought.
Sep 18, 2019 10:41 UTC Business Read More
Blackstone CEO Steve Schwarzman on Kara Swisher podcast Recode Decode
Much of the world is transitioning to a knowledge economy, but far too few Americans have had enough education to prepare them for that shift, Blackstone CEO…
Sep 18, 2019 10:19 UTC Business Read More
Amazon HQ2 lures thousands of job seekers who are curious about the company
(Arlington, Va.)—Call it the Amazon effect. At the e-commerce giant's first hiring event at its HQ2 on Tuesday, thousands of job seekers began lining up early in…
Sep 18, 2019 09:52 UTC Business Read More
Google, Facebook Cozy Up to Publishers as Regulators Circle
Alphabet Inc. 's Google and Facebook Inc. are making concessions long sought by news publishers whose business has been hurt by the platforms' dominance,…
Sep 18, 2019 09:30 UTC Business Read More
Bankers pushing AT&T to sell DirecTV to Dish Network: report
Bankers have been submitting proposals to AT&T to sell off its DirecTV unit, with Dish Network a potential suitor, Fox Business reported, without...
Sep 18, 2019 07:58 UTC Business Read More
Explainer: The Fed has a repo problem. What's that?
(Reuters) - As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the…
Sep 18, 2019 05:06 UTC Business Read More
Huawei says it will invest $1.5 billion in its developer program
Huawei said Wednesday it will invest $1.5 billion in its developer program over the next five years, as it seeks to build a sturdy and open ecosystem as part of its…
Sep 18, 2019 04:56 UTC Business Read More
Gold Prices Show Signs of Topping as All Eyes Turn to FOMC
Gold prices idled in familiar territory for a fifth consecutive day, with traders seemingly unwilling to show conviction one way or the other ahead of the Fed…
Sep 18, 2019 03:56 UTC Business Read More
Pizza Hut’s Stuffed Cheez-It Pizza tests the limits of snack food fusion
There was great curiosity in Takeout land when we learned that Pizza Hut was planning to release a Stuffed Cheez-It pizza. Would the Cheez-Its be scattered…
Sep 18, 2019 00:57 UTC Business Read More
A crack just emerged in the financial markets: The New York Fed spends $53 billion to rescue the overnight lending market
Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system.
Sep 17, 2019 23:59 UTC Business Read More
Fed Preps Second $75 Billion Blast With Repo Market Still On Edge
It had been more than a decade since Federal Reserve traders jumped into U.S. money markets to inject cash. And they seemed to get the reaction they wanted…
Sep 17, 2019 23:39 UTC Business Read More
Uber Now Knows If Your Ride Has Gone Wrong—By Tapping Your Smartphone’s Sensors
RideCheck, a new safety feature on Uber, uses sensors in drivers' and riders' smartphones to automatically detect a crashes and rides gone off course.
Sep 17, 2019 23:08 UTC Business Read More
WeWork Makes Small Round of Staff Cuts, Hours After Delaying IPO
Hours after announcing plans to delay an initial public offering, WeWork made a small round of job cuts in a New York City unit that manages on-demand office…
Sep 17, 2019 22:44 UTC Business Read More
Central Park Tower, NYC's tallest residential building, to enter crowded luxury market when it opens
Central Park Tower, which is expected to open in New York City next year, is expected to enter a crowded market of luxury buildings.
Sep 17, 2019 22:20 UTC Business Read More
Uber is bringing its self-driving cars to Dallas
Uber will begin testing its self-driving cars in Dallas, Texas in November, the company announced Tuesday. The vehicles will be operated by human drivers in…
Sep 17, 2019 21:41 UTC Business Read More
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