Economic growth rate slows to 2% on a sharp slowdown in consumer spending
The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.
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GOP Senator Toomey debuts bill to protect broker revenues, payment for order flow
Toomey's bill would prevent the SEC from banning on payment for order flow, a controversial practice and key revenue source for online brokerage Robinhood.
Amazon finally made its first TV with Alexa built in — here's what it's like
Amazon’s first TV sets, including the 4-Series and the higher-end Omni Series, which you can talk to and control without a remote, go on sale this week.
Question of firearm training might absolve Alec Baldwin of negligence in 'Rust' shooting, says trial attorney
Trial attorney Jeff Harris explains what he thinks could absolve actor Alec Baldwin of negligence in the fatal shooting on the "Rust" film set.
Texas, DOJ and abortion providers file arguments as abortion ban fight nears Supreme Court
The Biden administration and abortion-rights providers in separate briefs slammed the Texas law as unconstitutional and designed to avoid court review.
Alphabet and Microsoft rise to records after quarterly earnings beat estimates
Analysts applauded Microsoft for accelerating cloud growth in constant currency, and they liked that Google isn't getting hit hard by Apple privacy changes.
1.5 million Americans got a Moderna or J&J Covid booster shot in the first 5 days, White House says
"Our booster program is off to a very strong start," Jeff Zients, the White House coronavirus response coordinator, told reporters.
Boeing posts loss as Dreamliner flaws drive up costs, but airplane sales rise
Boeing reported close to $15.3 billion in revenue, an 8% improvement from last year but less than analysts expected.
Ford shatters Wall Street's earnings expectations, raises guidance for the year on new vehicle demand
Ford nearly doubled Wall Street's earnings expectations and slightly beat revenue projections for the third quarter.
Mortgage rates rise to an 8-month high, tanking refinance demand
Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association.
Ford to reinstate dividend in the fourth quarter
Ford said it will reinstate its dividend in the fourth quarter, after it suspended the payments in the early days of the Covid pandemic last year.
Starbucks hikes wages, will hit $15 an hour minimum by next summer
Starbucks will raise wages for its U.S. baristas at least twice in 2022, bringing its pay floor to $15 an hour by the summer.
McDonald's enters strategic partnership with IBM to automate drive-thru lanes
McDonald's has entered a strategic partnership with IBM to help the fast-food chain automate its drive-thru lanes.
Rep. Marjorie Taylor Greene bought shares of Trump SPAC Digital World Acquisition as stock skyrocketed
Republican Rep. Marjorie Taylor Greene on Friday invested up to $50,000 in the SPAC stock linked to Donald Trump's planned social media platform.
California readies 4,000 sites to administer 1.2 million Covid vaccines to kids 5 to 11 in first week
The announcement came just a day after the Food and Drug Administration's advisory committee recommended vaccines from Pfizer and BioNTech for that age group.
Twitter shares tumble after a weak report on U.S. user growth and analyst price cuts
Twitter shares dropped after the company reported modest user growth and analysts expressed concerns about the impact of Apple's iOS privacy changes.
Uber will offer up to 50,000 Teslas to its drivers through Hertz rental deal
Starting Monday, Uber drivers can rent Teslas through Hertz's rental program in Los Angeles, San Francisco, San Diego and Washington, D.C.
The picture won't be pretty for third-quarter economic growth, but it should get better
When the Commerce Department releases its GDP estimate, it likely will show an increase of just 2.8%.
10-year Treasury yield falls below 1.6%, giving back recent gains
The 10-year U.S. Treasury yield dipped as investors were torn between a strong earnings season and continued economic concerns.
Coca-Cola CEO expects to see sporadic product shortages through 2022
Coca-Cola CEO James Quincey said Wednesday he expects to see sporadic shortages on grocery shelves through 2022.
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