Money

Investors can’t decide if good economic news is good for Wall Street. Although stocks opened sharply higher following a solid February jobs report Friday, with 379,000 jobs added last month, the market has been on a wild ride ever since. The Dow was up nearly 350 points, or 1.1%, at midday which was near its

Jeep’s new boss says the company is open to dropping the name “Cherokee” from its vehicles in response to objections from the Cherokee Nation. The company is engaged in talks with officials from the Native American tribe, according to Carlos Tavares, CEO of Stellantis, the recently merged automaker that includes the Jeep brand. Tavares made

Twitter is working on a feature that could offer users a short window of time to rethink posting a tweet even after they hit send. The company confirmed to CNN Business on Friday it is testing an undo option that would potentially let users retract or correct a tweet before it’s officially posted on the

Like many across the United States, Deanne Primozic Kasim watched her mother struggle to secure a vaccine appointment online. Then, she turned to a service that’s become a lifeline for many in the pandemic: Nextdoor. On the hyperlocal social network, where neighbors connect with neighbors, Kasim, who works on health policy and government affairs, came

After a year of relief, robocalls are back up to pre-pandemic levels. Americans received more than 4.6 billion robocalls in February, up 15% compared to January, according to new data from YouMail, a robocall-prevention service that tracks robocall traffic across the United States. About 159.1 million robocalls were placed each day last month. This marked

So much for good economic news actually being treated as good news on Wall Street. Although stocks opened sharply higher following a solid February jobs report Friday, with 379,000 jobs added last month, the enthusiasm quickly faded in what has turned out to be a volatile day of trading. The Dow climbed more than 300

So much for good economic news actually being treated as good news on Wall Street. Although stocks opened sharply higher following a solid February jobs report Friday, with 379,000 jobs added last month, the enthusiasm quickly faded. The Dow climbed more than 300 points after the opening bell, or 1%, while the S&P 500 and

The pandemic, now in the beginning of its second year, has had a notable and unequal effect on Americans’ financial well-being. While some people have lost jobs and income, others seem to be thriving. And the chances of falling into either camp vary by income, age, race or ethnicity and gender, according to findings from

It looks like good economic news is actually being treated as good news on Wall Street. Stocks opened sharply higher following a solid February jobs report Friday, with 379,000 jobs added last month. The Dow rose more than 300 points, or 1%, while the S&P 500 and the Nasdaq each rose about 1% as well.

A wave of anxiety is sweeping through stock and bond markets as investors prepare to enter a new phase of the pandemic. What’s happening: Concerns are growing that a strong economic recovery later this year will cause a spike in inflation. That’s sparked a selloff in government bonds. When prices fall, yields rise, which weighs

A record number of stores are closing across America. One discount clothing chain thinks it can step in to fill some of those vacancies. Burlington Stores plans to open 100 new stores this year and sees an opportunity to reach 2,000 US stores in the future, the company said Thursday. Previously, Burlington (formerly known as

Last year, people were stockpiling food and essentials at stores and ordering a lot more groceries online. That was great news for America’s biggest grocery chains. Now companies say the pandemic-time boom is over. Kroger, the largest supermarket chain in this country, said Thursday that it expects comparable sales, or sales at stores open for

YouTube has removed channels from broadcasters run by Myanmar’s military following a dramatic escalation of violence in the country. It’s the latest in a wave of actions taken by social media companies since the military coup in the country on February 1, which has sparked a series of mass protests and a brutal crackdown by

Last year, Barbara Thigpen had a difficult choice to make: close her salon of 10 years, or dip into her son’s college fund. The salon had been closed for much of the year by California’s state mandate due to the pandemic. Then the government said it was offering a third round of Paycheck Protection Program

Tesla is starting to lose market share among US buyers of electric vehicles, and Ford’s Mustang Mach-E appears to be the beneficiary. Analysis by Morgan Stanley shows that Tesla’s share of the US EV market fell to 69% in February, down from 81% a year ago. Tesla’s US sales are still climbing, according to this

US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer — something investors fear will force interest rates up sooner than expected. Powell, speaking at a conference Thursday, predicted strong job growth and increases in consumer prices as the vaccine rollout allows the economy to reopen fully.

China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. Premier Li Keqiang on Friday announced that China would target growth of more than 6% in 2021. While China emerged from the global downturn

China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. Premier Li Keqiang on Friday announced that China would target growth of more than 6% in 2021. While China emerged from the global downturn