Consumer Bureau Proposes Overdraft Fee Limits for Large Banks
Wed, 01/17/2024 - 21:27
The options would include charging a benchmark fee, set by the bureau, that would be significantly lower than the current $35 standard.
China’s Youth Unemployment Rate Is Back, and Better
Wed, 01/17/2024 - 21:22
The government stopped releasing the jobless rate for young workers when it was soaring. It says its “optimized” new method is more accurate.
Airbus Is Pulling Ahead as Boeing’s Troubles Mount
Wed, 01/17/2024 - 21:00
With quality control essential, Airbus gains in the rivalry between the world’s biggest plane makers by being seen as “competent.”
Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Wed, 01/17/2024 - 20:56
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Supreme Court to Hear Case That Could Overturn Key Chevron Precedent
Wed, 01/17/2024 - 20:39
The justices are considering a key 1984 decision, which if overturned could threaten countless regulations and would transfer power from executive agencies.
How to Cut Down Your Screen Time but Still Get Stuff Done
Wed, 01/17/2024 - 19:30
Google’s Routines and Apple’s Shortcuts combine multiple steps into one command to make your phone or tablet do more of the work for you.
3-Year Cruise Passengers Seek Fraud Charges Over Cancellation
Wed, 01/17/2024 - 17:06
After more than a month of missed deadlines for refunds, a group of hard-hit passengers who signed up for the failed Life at Sea cruise are pursuing legal intervention.
Need a Passport? You’re in Luck.
Wed, 01/17/2024 - 15:32
The wait for a U.S. passport may be back to normal after a pandemic-induced backlog.
U.K. Inflation Edges Higher, Halting 10-Month Decline
Wed, 01/17/2024 - 14:48
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.
Hong Kong Stocks Sink as China’s Economy Scares Investors
Wed, 01/17/2024 - 14:08
Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by 10 percent so far this year.
China’s Population Shrank Again in 2023 as Births Continue to Fall
Wed, 01/17/2024 - 08:56
Faced with falling births, China’s efforts to stabilize a shrinking population and maintain economic growth are failing.
China’s GDP Grew in 2023, but Economic Strains Lurk
Wed, 01/17/2024 - 08:35
Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.
4.3 Million Watched the Emmys, a New Low
Wed, 01/17/2024 - 05:12
The Emmys had a lot going against it, including a ceremony delayed months by the Hollywood strikes, and stiff competition from other events.
Judge Blocks JetBlue From Acquiring Spirit Airlines
Wed, 01/17/2024 - 05:11
The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.
U.S. Faults Mississippi Poultry Plant in Death of 16-Year-Old
Wed, 01/17/2024 - 04:47
The Occupational Safety and Health Administration cited Mar-Jac Poultry with 17 violations in the death of a teenager who was caught in a machine. It faces more than $200,000 in fines.
A Fed Governor Reiterates That Rate Cuts Are Coming
Wed, 01/17/2024 - 00:35
Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as inflation cools — though timing was uncertain.
Lawmakers Strike Deal on Expanded Child Tax Credit, but Face Long Odds
Tue, 01/16/2024 - 22:22
A $78 billion package to revive an expansion of the child tax credit and expired business breaks has drawn bipartisan support in the House and Senate.
The Emmys Signal the End of the Peak TV Era
Tue, 01/16/2024 - 21:42
The Emmys on Monday night felt in many ways like a book end to one of the defining features of the streaming era: a never-ending supply of new programming.
Shell to Sell Its Onshore Nigeria Oil Business for $1.3 Billion
Tue, 01/16/2024 - 21:34
The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore.
Goldman Sachs Sticks the Landing at End of Tumultuous Year
Tue, 01/16/2024 - 21:14
The Wall Street bank earned $2 billion in the fourth quarter, beating expectations, after a period marked by management missteps.