Money

The Federal Reserve said Wednesday the US economy is growing stronger, but it left interest rates unchanged near zero. Interest rates will stay the range of zero to a quarter of a percent until the Fed’s goal of maximum employment and inflation of about 2% over the longer term. To ensure the economy stays on

The Federal Reserve said Wednesday the US economy is growing stronger, but it left interest rates unchanged near zero. Interest rates will stay the range of zero to a quarter of a percent until the Fed’s goal of maximum employment and inflation of about 2% over the longer term. To ensure the economy stays on

Toyota is planning to offer a new, large SUV with three rows of seats, and will add 1,400 jobs to an Indiana plant in order to build it. The still-unnamed vehicle will have both a Toyota version and a Lexus version, the company said. The announcement of the plans, the new jobs and an $800

Microsoft had another blowout quarter, a massive acquisition and a noteworthy investment in Georgia, which just passed a controversial bill that restricts voting rights for minorities. The company also announced a major initiative to help disabled people get jobs. First Move’s Julia Chatterley spoke to Brad Smith, Microsoft’s president, about the company’s news Wednesday. Digital

America can’t get enough chicken sandwiches. That’s great news for KFC, which launched a new one earlier this year. KFC’s parent company Yum Brands said Wednesday that the sandwich — which is made with an extra crispy chicken filet on a buttered brioche bun with pickles and spicy or classic mayonnaise — has been a

Google CEO Sundar Pichai said it has been “heartbreaking” to witness the pandemic’s devastating impact on India, which is experiencing the world’s worst outbreak of the coronavirus. In an exclusive interview with CNN’s Poppy Harlow Wednesday, Pichai discussed the unfolding situation, how his company is responding and what others can similarly do to lend support.

Tesla’s $1.5 billion bitcoin bet from early this year had already increased in value by more than $1 billion by the end of last month. The company disclosed in February that it used some of its available cash to invest $1.5 billion in bitcoin. Tesla on Monday reported a record quarterly profit, disclosing it had

President Joe Biden has a lot on his plate right now. But he’ll soon need to make an important decision about the future of the Federal Reserve — a choice that will help shape his administration’s economic policy in the coming years. Current Fed chair Jerome Powell’s four-year term as the head of the central

Samsung is bringing some of the strengths of its flagship Galaxy smartphones over to its notebook line. The company announced on Wednesday four mobile-first PCs that combine the power of a laptop with the responsiveness of its smartphones: the Galaxy Book, Galaxy Book Pro, Galaxy Book Pro 360 and Galaxy Book Odyssey, all of which

UK media outlets from across the political spectrum are engaged in an unusually direct confrontation with Prime Minister Boris Johnson over incendiary comments he allegedly made about the coronavirus pandemic. The right-leaning tabloid The Daily Mail was first to report that the prime minister said last October that he would rather see “bodies pile high

Spotify CEO Daniel Ek is standing behind and promoting his company’s top podcast host, Joe Rogan, even after Rogan spread anti-vaccine misinformation on-air. Rogan said in a recent episode of his podcast, “The Joe Rogan Experience,” that healthy young people should not get the Covid vaccine, a statement that stands in contrast to all credible

A copy of the Declaration of Independence is hitting the sizzling collectibles market, just in time for July 4th. And unlike other rare items up for sale, you don’t have to be a millionaire to own a piece of it. Rally, a trading app for classic cars, baseball cards and other memorabilia, told CNN Business

Samsung is bringing some of the strengths of its flagship Galaxy smartphones over to its notebook line. The company announced on Wednesday three mobile-first PCs that combine the power of a laptop with the responsiveness of its smartphones: the Galaxy Book, Galaxy Book Pro and Galaxy Book Pro 360, all of which run on Windows

For the first time during the pandemic, most Americans approve of the economic conditions in the United States, according to a CNN poll conducted by SSRS that was released Wednesday. With jobless claims sinking and GDP growth expected to accelerate, a majority of Americans — 54% — say economic conditions are either somewhat or very

Saudi Arabia is considering selling part of its giant state oil company to a major foreign investor, likely from China. The kingdom’s crown prince, Mohammed bin Salman, confirmed the possible sale of a 1% stake in the world’s biggest oil company on Tuesday. The stake would be worth about $19 billion based on Aramco’s market

Boeing’s business is improving. But its troubles are not yet behind it. The company on Wednesday reported a much smaller loss in the first quarter, helped by improved deliveries of the 737 Max, its best-selling jet that had been grounded for 20 months by two fatal crashes. The 737 Max began flying again late last

In a typical year, Samsung only holds two of its big “Unpacked” events. But this is no normal year. The South Korean consumer electronics company on Wednesday will hold its third product launch within the first four months of 2021. The company is hosting a virtual product launch during which it promises the “most powerful

Spotify is frequently one step ahead of us, suggesting undiscovered songs, artists and podcasts based on what you listened to in the past. But who is helping Spotify stay one step — or 10 years — ahead in the audio industry? The company hired Máuhan “M” Zonoozy as its first and only head of innovation