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Wall Street Soars Toward Best Day in Months, S&P 500 Up 3%

Wall Street Soars Toward Best Day in Months, S&P 500 Up 3%

It’s coming off its worst month since the coronavirus crashed markets in early 2020.

14 hrs 56 mins ago
Fraud, Scam Cases Increasing on Zelle, Senate Report Finds

Fraud, Scam Cases Increasing on Zelle, Senate Report Finds

Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday.

17 hrs 42 mins ago
Stocks End September Down 9.3%, Worst Month Since March 2020

Stocks End September Down 9.3%, Worst Month Since March 2020

Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020.

September 30th, 3:31 PM CDT
U.S. Consumers Spent Slightly More in August

U.S. Consumers Spent Slightly More in August

Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials.

September 30th, 1:30 PM CDT
Former eBay Execs Get Prison Time for Bizarre Harassment Scheme

Former eBay Execs Get Prison Time for Bizarre Harassment Scheme

A former eBay executive was sentenced on Thursday to almost five years in prison for leading a scheme to terrorize the creators of an online newsletter.

September 30th, 11:22 AM CDT
Wall Street Drifts at Close of Dismal Week, Month, Quarter

Wall Street Drifts at Close of Dismal Week, Month, Quarter

Wall Street is drifting around its lowest levels in almost two years Friday as the end nears for what’s been a miserable month for markets around the world.

September 30th, 10:46 AM CDT
US Jobless Claims Fall to Lowest Since April

US Jobless Claims Fall to Lowest Since April

A year ago this week, 376,000 people applied for benefits.

September 29th, 1:40 PM CDT
US Economy Drops at 0.6% Annual Rate from April Through June

US Economy Drops at 0.6% Annual Rate from April Through June

Thursday's report was the Commerce Department's third and final take on second-quarter growth.

September 29th, 12:42 PM CDT
US Mortage Rates Jump to 6.7%, Hitting Highest Level Since 2007

US Mortage Rates Jump to 6.7%, Hitting Highest Level Since 2007

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week.

September 29th, 12:10 PM CDT
Homeowners See Slower Equity Gains as Housing Market Cools

Homeowners See Slower Equity Gains as Housing Market Cools

Average homeowner equity per borrower reached $298,380 in the second quarter, according to data from CoreLogic.

September 29th, 11:54 AM CDT
Wall Street Drops Back to Lowest Since 2020 as Fear Returns

Wall Street Drops Back to Lowest Since 2020 as Fear Returns

The S&P 500 was 2.1% lower in midday trading and back to its lowest level since late 2020.

September 29th, 11:35 AM CDT
Amazon to Raise Average Hourly Pay by $1 in October

Amazon to Raise Average Hourly Pay by $1 in October

Amazon said Wednesday it’s raising its average starting pay for frontline workers from $18 to $19 a hour.

September 29th, 10:38 AM CDT
Stocks Rally as Relief Flows Through Global Bond Markets

Stocks Rally as Relief Flows Through Global Bond Markets

The S&P 500 was 1.7% higher in afternoon trading, on pace to snap its longest losing streak since the coronavirus crash in February 2020.

September 28th, 3:40 PM CDT
Amazon to Release Bedside Sleep Tracker Later This Year

Amazon to Release Bedside Sleep Tracker Later This Year

The e-commerce and tech giant said Wednesday it will release a device that can track sleeping patterns, with features that can help users wake up at the right time.

September 28th, 3:35 PM CDT
Biden Warns Against Rising Oil Prices as Hurricane Makes Landfall

Biden Warns Against Rising Oil Prices as Hurricane Makes Landfall

After 14 weeks of declines, the streak of falling gas prices was broken last week, ending 99 straight days of falling prices.

September 28th, 3:12 PM CDT

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