Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Financial guru says living paycheck to paycheck is ‘relatable’ because so many Americans are dealing with it
“Financial Planning Made Personal" author Larry Sprung explains why many people rallied behind House Speaker Mike Johnson following harsh report about his personal finances.
Goldman Sachs issues memo to 2024 campaigns warning of under-the-radar regulation harming small businesses
FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.
Putin allows foreigners to exchange frozen funds for blocked Russian assets abroad
Foreign investors with funds frozen in Russia can now buy blocked assets of Russians abroad in light of a decree signed by Putin on Wednesday.
Former NYSE president in talks to reboot FTX exchange
Former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed crypto exchange reaches its final stages.
Goldman moves to unload GM credit card
The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
Disney names veteran PepsiCo exec new CFO
Walt Disney announced Monday it is bringing on former PepsiCo executive Hugh Johnston as the company’s new senior executive vice president and chief financial officer beginning on Dec. 4.
U.S. job growth solid, but signs of cooling emerge in October
Employment rose by 150,000 in October, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS).
Mortgage rates retreat, but Fed indecision could reverse course: Freddie Mac
The average 30-year fixed-rate mortgage increased to 7.76% for the week ending Nov. 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
JPMorgan Chase CEO Jamie Dimon to sell company stock for first time
JPMorgan CEO Jamie Dimon plans to sell a portion of his family’s holdings in the bank for the first time, offloading 1 million of the 8.6 million shares, according to an SEC filing.
Oil slide hits Exxon Mobil profits
Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.
GDP surges past expectations in Q3, recession less likely
An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.
Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum, again
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.
Boeing slashing 737 deliveries on quality issue
Boeing said it is reducing deliveries of its popular 737 Max jet this year after spotting a quality issue involving the aircraft’s pressure bulkhead. Still, the planes remain cleared to fly.
GM losing $200M a week on UAW strike
General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.
Coca-Cola raises annual forecasts as demand unaffected by price hikes
Coca-Cola lifted its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, Atlanta-based company posted on Tuesday.
SEE IT: Amazon's new Prime drone in action
Amazon’s latest delivery drone, the MK30, can deliver packages weighing up to five pounds to customers through light rain in under an hour, the company announced.
US budget gap soars to $1.7 trillion, largest outside COVID era
Sky-high budget deficits are outpacing the last fiscal year by almost 25% as interest costs on federal debt rise, outpacing 2021's $2.8 trillion gap.
American Airlines beats profit estimates, sees strong holiday bookings
American Airlines reported an adjusted profit of 38 cents per share for the quarter ended Sept. 30, beating analysts' average estimates of 25 cents per share.
Rolls-Royce cutting up to 2,500 jobs to improve efficiency
Rolls-Royce is reducing its global staff by 2,000 to 2,500 employees to create a more agile business, the company, which employs 6,000 Americans, said Tuesday.