Wednesday saw an almost 2% decline in oil prices, offsetting the gains of the previous day as investors kept an eye on events in the Red Sea, where merchants are returning after further attacks on Tuesday.

Dec 28, 2023 07:37 PM EST

According to a research released on Wednesday by the Harvard T.H. Chan School of Public Health, social media corporations generated over $11 billion in advertising income from children in the United States last year.

Dec 28, 2023 05:48 AM EST

Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialized.

Dec 27, 2023 09:17 AM EST

A new study suggests that the implementation of higher minimum wages across 22 states on January 1 will benefit over 10 million workers economically.

Dec 27, 2023 07:10 AM EST

The announcement that SoftBank Group Corp will get shares in telecom T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.

Dec 27, 2023 06:00 AM EST

In response to a complaint from the medical monitoring technology firm Masimo, Apple on Tuesday challenged a decision to prohibit imports of its watches after U.S. The administration of President Joe Biden chose not to veto a federal tribunal.

Dec 27, 2023 03:03 AM EST

According to the most recent assessment, holiday sales increased this year and spending held steady over the shopping season despite Americans grappling with rising costs in certain places and other financial concerns.

Dec 26, 2023 09:06 PM EST

Though it is already fading in memory, Wall Street's worst performance in recent memory was the market turmoil of 2022. As of Tuesday's market closing, the Nasdaq Composite had risen 43% this year after falling more than 35% the previous year.

Dec 26, 2023 11:50 AM EST

Three finance sources said on Monday that Delimobil, a car-sharing firm, would be the first Russian company to make a long-awaited initial public offering (IPO) in 2024. The listing could raise up to 4 billion roubles ($43.5 million).

Dec 26, 2023 11:00 AM EST

The Federal Reserve is getting closer to its target of getting inflation back to 2%, according to inflation figures released on Friday. This puts the central bank on the path to lowering interest rates.

Dec 26, 2023 09:23 AM EST

There is a reckoning coming for the vaping industry. Concerned about the growth in youth vaping and nonsmokers developing addictions, governments are moving to prohibit the sale of disposable vaporizers.

Dec 26, 2023 04:59 AM EST

A specialized agricultural and agribusiness bank predicts that customers will likely see a massive price increase for raw commodities affected by El Niño in 2023. Thus far this year, soft commodities have seen enormous gains.

Dec 25, 2023 09:38 PM EST

Many people have big financial plans for the new year, such as paying off debt, increasing investments, and setting aside money for emergencies.

Dec 25, 2023 04:10 AM EST

An individual student may lay the foundation for a prosperous financial future, or even financial independence, with a bit of preparation and financial education.

Dec 25, 2023 03:20 AM EST

Retirement planning entails determining sources of income, estimating spending, starting a savings strategy, and controlling risk and assets. Discover how to calculate future cash flows to determine the target retirement income.

Dec 25, 2023 02:30 AM EST