Amazon to reduce workforce by 16,000, company says in email to staff
(NEW YORK) -- Tech giant Amazon said on Wednesday it planned to cut about 16,000 employees as it seeks to "strengthen" its business by... Read More.
Business
Federal Reserve holds interest rates steady
(NEW YORK) -- The Federal Reserve held interest rates steady on Wednesday, ending a string of three consecutive quarter-point rate cuts as the central... Read More.
Gold hits record high as investors seek safety
Gold soared to a new record high on Monday, topping $5,000 per ounce for the first time ever as investors rushed toward the... Read More.
Dow closes up 580 points after Trump backs off tariffs over Greenland
(NEW YORK) -- Stocks closed markedly higher on Wednesday after President Donald Trump backed off of tariff threats over Greenland. The major indexes... Read More.
European officials suspend US trade agreement amid tariff dispute over Greenland
(NEW YORK) -- European lawmakers on Wednesday suspended a trade agreement with the United States over tariff threats issued by President Donald... Read More.
Stocks fall as Trump threatens tariffs on European countries over Greenland
(NEW YORK) -- Stocks tumbled in early trading on Tuesday as President Donald Trump threatened tariffs on multiple European countries as part... Read More.
Verizon outage affecting thousands of customers
(NEW YORK) -- Some Verizon customers were experiencing a service outage on Wednesday afternoon, according to the company.Verizon said it was not immediately clear... Read More.
Inflation expected to have held firm, posing challenge amid DOJ probe into Fed Chair Powell
(NEW YORK) -- An inflation report on Tuesday is set to provide a key gauge of the nation's economy, just days after reports of... Read More.
Stocks fall after Trump’s DOJ opens criminal probe into Fed Chair Powell
(NEW YORK) -- Stocks slid in early trading on Monday hours after reports that the Department of Justice had opened a criminal investigation... Read More.
Could Trump bring down home prices by banning Wall Street ownership?
(WASHINGTON) -- President Donald Trump this week issued an attention-grabbing proposal cracking down on Wall Street in an effort to lower home prices... Read More.
Hiring slowed in December, defying Federal Reserve’s effort to boost hiring
(WASHINGTON) -- Hiring ticked down in December, defying the Federal Reserve's effort to boost hiring with a recent series of interest rate cuts, a... Read More.
Could Venezuelan oil bring down US gas prices? Experts weigh in
(NEW YORK) -- President Donald Trump has repeatedly touted the opportunity for U.S. companies to extract and sell oil from Venezuela, which holds the... Read More.
