U.S. stock futures were steady in overnight trading on Sunday as investors readied for the final trading days of August. Dow futures rose just 11 points. S&P 500 futures were little changed and Nasdaq 100 futures traded around the...
An inflation measure the Federal Reserve uses to set policy rose 3.6% in July from a year ago, meeting Wall Street expectations but also tying the highest level in about 30 years. The core personal consumption expenditures price index,...
A recent T-Mobile data breach coughed up the information of more than 50 million people, including some who aren’t current customers or never were. The 21-year-old hacker who says they’re responsible for the attack already did an interview with the Wall Street...
As the country and the world reopen, one worrisome side effect of all that economic growth is the potential for inflation. That’s when all the stuff you buy suddenly starts costing more than it used to — and whether you’ve noticed it...
U.S. consumer sentiment remained weak in late August amid ongoing concerns over inflation and the coronavirus pandemic. The University of Michigan’s final sentiment index fell to a near-decade low of 70.3 during the month from 81.2 in July, data...
Federal Reserve Chairman Jerome Powell’s conviction that the inflation winds whipping through the U.S. economy this year soon will subside is not universally shared. In fact, a growing contingent within the Fed’s virtual halls is raising concern that the...
Exercise equipment company Peloton says it's being subpoenaed by the Department of Justice and the Department of Homeland Security for documents and other information regarding its reporting of people's injuries associated with its products. In a Securities and Exchange...
T-Mobile says it’s “truly sorry” about the data breach that exposed the personal information of more than 54 million customers. “The last two weeks have been humbling for all of us at T-Mobile as we have worked tirelessly to navigate a malicious...
Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will...
Tesla wants to sell electricity directly to customers in Texas, according to an application filed by the company this month with the Public Utility Commission there. The application follows the start of a big battery build out by Tesla...
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