A woman who worked for Jeff Bezos as a housekeeper filed a discrimination lawsuit against the Amazon founder and former CEO, alleging that she was wrongfully terminated.A woman who was hired to work at Jeff Bezos' home as a lead...
The unemployment rate increased to 3.7%. The U.S. added 261,000 jobs in October, exceeding economist expectations and sending a positive signal for the economy days before the midterm elections.The unemployment rate increased to 3.7%....
The Biden administration’s recent move to block exports of advanced computer chips to China signals a new phase in relations between the globe’s two largest economiesWASHINGTON -- The Biden administration's move to block exports...
The company wrote in an email, "In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday."Twitter began layoffs on Friday that will cut roughly half...
The move cost Adidas nearly $250 million in profits this year, the company said.When Adidas announced on Tuesday that it had terminated its relationship with Ye, the rapper formerly known as Kanye West, the company put a price tag...
Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this weekNEW YORK -- It took less than a week for FTX to go from the third-largest cryptocurrency exchange in...
China’s trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spendingBEIJING -- China's trade shrank in October as global demand weakened and anti-virus controls weighed on domestic...
The Fed announced its fourth 0.75% rate hike of 2022. The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.75% to slow key areas of the economy and tame inflation, which is at a 40-year high.The...
Federal Reserve Chair Jerome Powell sought to strike a delicate balance at a moment when high inflation is bedeviling the nation’s economy and commanding a central role in the midterm electionsWASHINGTON -- Federal Reserve Chair...
Mortgage payments have risen dramatically within the past two months amid rising rates. The spike in mortgage rates this week continues a monthslong trend that has dramatically escalated the cost of home loans – but the exact price...
President Joe Biden is set to cajole the world’s largest economies to further isolate Russia diplomatically and economically over its invasion of Ukraine despite a souring global outlook that has tested other nations’ resolveNUSA...
Frontier Airlines and five foreign carriers are paying more than $600 million in refunds to consumers whose flights were canceled or significantly delayed since the start of the pandemicFrontier Airlines and five foreign carriers have...
Testimony is under way in a shareholder lawsuit challenging approval by Tesla’s board of directors of a compensation plan potentially worth more than $55 billion for CEO Elon MuskWILMINGTON, Del. -- Testimony began Monday in a Delaware...
Amazon founder Jeff Bezos said in an interview with CNN that he will give away the majority of his wealth during his lifetimeNEW YORK -- Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime,...
The investigation by federal prosecutors follows probes from U.S. agencies.The collapse of cryptocurrency exchange FTX is now the subject of an investigation by federal prosecutors in New York, sources familiar with the matter told...
Here is a timeline of major events in Tesla CEO Elon Musk's Twitter acquisition. The richest person in the world said he wanted to own one of the most popular social media platforms -- until he said he didn't. In early October,...
The White House says President Joe Biden has objected to what it says is China's “coercive and increasingly aggressive actions” toward Taiwan during the two leaders' first in-person meeting of their presidenciesNUSA DUA,...
The crypto trading platform FTX halted customer withdrawals amid a selloff.The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super...
One of Donald Trump’s top moneymen has admitted to breaking the law to help fellow Trump Organization executives avoid taxes on company-paid apartments and other perksNEW YORK -- One of Donald Trump’s top moneymen admitted Thursday...
The arrival of Musk may fuel harmful speech on Twitter in the days before the election.Elon Musk, who acquired one of the world’s largest social media platforms days before the U.S. midterm elections, on Monday called on voters to...
The European Union is warning Serbia and Kosovo that they must resolve their dispute over vehicle license plates before next week or face the prospect of a return to their violent pastBRUSSELS -- The European Union warned Serbia and...