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The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants. The Department for Digital, Culture, Media and Sport said it plans to...

1. Darkening credit outlook: The Federal Reserve spiked the punch bowl a decade ago. Now the party may be over. Record-low interest rates ushered in a period of easy money that nursed the economy back to health. But the recovery from the Great Recession is nine years old. With unemployment low...

U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling fast enough to discourage the Federal Reserve from driving interest rates to higher levels next year.

Customers shop at Macys department store in New York on Black Friday, November 27, 2020. - The coronavirus is clouding "Black Friday" much as it has overshadowed 2020 in general, but some leading experts still expect strong overall sales even as shopping patterns are altered. (Photo...

If the lengthy rally in the U.S. information-technology sector comes to a halt, it will be challenging for the broader stock market to end the year with positive returns. However, it won’t be impossible, according to some analysts. Much will depend on how well the health care, consumer discretionary, financials...

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting, Wednesday, Nov. 2, 2022, in Washington. (AP Photo/Patrick Semansky) WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to...

The Securities and Exchange Commission has fined General Electric $200 million to settle charges for misleading investors regarding its power and insurance businesses. The SEC said it found that GE misled investors in 2016 and 2017 about the source...

The US consulate in Hong Kong said on Tuesday that it had no plans to move from its current location – after it was revealed the mission likely has the longest land lease in China and could make billions of dollars from selling the site. The Hong Kong government granted...

A group of GOP Wyoming state lawmakers want to end electric vehicle sales there by 2035, saying the move will help safeguard the oil and gas industries. The measure, introduced to the state legislature on Friday, was...

Digital currency exchange Coinbase is going public as renewed investor interest in cryptocurrencies has pushed bitcoin to an all-time high. On Thursday the company announced that it has confidentially submitted a draft registration statement on Form S-1 with the...