The Dow closed above 40,000 points for the first time on Friday in a quiet day on Wall Street, with investors taking cheer in strong corporate profits and signs that inflation is cooling.
GameStop shares jumped more than 72% on Monday after trader Keith Gill, known online as "Roaring Kitty," resurfaced four years after he led an investment frenzy involving the video game retailer.
Billionaire philanthropist Melinda French Gates is stepping down from the Bill & Melinda Gates Foundation, the charitable organization that she co-founded in 2000 with her now ex-husband, Microsoft co-founder Bill Gates.
The retail industry is going through a tough time as it copes with inflation-weary consumers and a rash of bankruptcies, prompting chains to announce the closures of almost 3,200 brick-and-mortar stores so far in 2024, according to a new analysis.
Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.
One of the major questions facing families today is whether a college degree is worth the expense, given rising tuition and fees that can saddle graduates with tens of thousands in student loan debt. Today, a majority of Americans don't think the cost can be justified.
The cost to buy a home has reached historic highs in the U.S. — the median price of a home is $420,800, according to the Federal Reserve Bank of St. Louis — and housing and mortgage costs are increasingly turning into a November election issue.
Washington — TikTok, the widely popular social media app, and its parent company ByteDance filed a lawsuit against the Justice Department on Tuesday over a new law that requires the platform to cut ties with its China-based owner within a year or be effectively banned from the United States.
College endowments, usually a sleepy part of a university's operations, are now front and center in the campus protests that are spreading across the nation, with students holding up signs with slogans such as "Disclose! Divest!" and "Divest from death now!"
Even the 2024 Met Gala isn't immune from inflation, it seems. The cost of attending the annual black-tie event, dubbed "fashion's biggest night," is up sharply this year, with the price of an individual ticket soaring above the average down payment on a house.