News - 2024-12-28

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Mortgage rates ticked up again after the Fed revised rate-cutting expectations for 2025.

He said in an interview that he had used the visas for skilled workers “many times.” But he has mainly used visas for unskilled workers like housekeepers.

Voters thought Trump would be better for the economy. Now they're starting to worry about his tariffs.

In 2020, he moved to ban the Chinese-owned app. Now, he is opposing the Biden administration’s effort to do just that.

Inflation has remained stubbornly elevated. Here's why economists are concerned sticky price increases could continue next year.

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.

It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one of the tricky parts.

(Bloomberg) -- Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The company said Friday it has agreed to a transaction with Gordon Brothers Retail Partners LLC that will facilitate the transfer of Big Lots’ brand, stores and distribution centers to other operators. The proposed transaction would avert

The stars are aligned for more media and entertainment M&A in 2025.

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The prime minister writes to regulators including Ofgem and Ofwat for ideas to boost economic growth.

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Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.

The Mega Millions' estimated $1.22 billion jackpot was won in Friday night's drawing, and the winning ticket was purchased in California.