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Viral TikTok accuses Zillow and competitors of manipulating the housing market. Here’s what’s really going on.
Today 18:26 EDT
No, Zillow isn’t buying all the homes in your neighborhood. But the rise of so-called iBuyers does raise regulatory questions.
Sen. Pat Toomey presses SEC Chair Gensler for crypto clarity
Today 16:14 EDT
Sen. Pat Toomey of Pennsylvania presented U.S. Securities and Exchange Chairman Gary Gensler with a list of more than two dozen questions concerning cryptocurrency regulation in a letter Friday,...
China’s crypto ban has almost achieved a ‘meme-like status,’ but here are the lingering impacts
Today 15:49 EDT
Most analysts expect the sell-offs from 'China FUD' to be short-term, but China's most recent crypto crackdown could further changes the industry's global distribution.
Engine No. 1 says its new representation on ExxonMobil’s board has already scored a win
Today 14:28 EDT
With a shortage of school nurses, the hope is that the technology can be harnessed to get kids seen more quickly when they need it.
Olive Garden parent says it’s finding lots of new talent but COVID contact tracing has caused staffing disruptions
Today 14:24 EDT
Darden Restaurants says it has a system in place to hire new workers but contact tracing is forcing many to take temporary leave.
Delta urges other airlines to collaborate on a ‘no fly’ list amid rise of unruly passengers
Today 14:15 EDT
Canadian cannabis companies won’t turn a profit in the coming quarter and here’s why
Today 13:26 EDT
Canadian cannabis companies, still struggling to show a profit, are unlikely to deliver one in their coming quarterly earnings, in more bad news for hard-hit stocks after a stretch of weaker share...
Biden acknowledges ‘stalemate’ over bills on infrastructure and social spending, while Pelosi aims for House votes next week
Today 12:54 EDT
President Joe Biden on Friday acknowledges that talks over his agenda are at a standstill amid disagreements between progressive and moderate Democrats, though he also said he's confident that both a...
Why investors shouldn’t be too quick to shrug off Evergrande
Today 12:48 EDT
A "Lehman moment" may not be in the cards, but investors should still be aware of risks surrounding the Evergrande crisis, analysts say.
Nike shares slammed as earnings fall short, but analysts remain upbeat despite temporary supply chain challenges
Today 12:02 EDT
Nike Inc. stock fell 7% in Friday trading after the athletic giant revised its guidance in light of manufacturing shutdowns in Vietnam as well as other supply chain issues that are rocking most...
Prominent chef tells Fed that worker shortages are due to ‘life changes’ in wake of pandemic
Today 11:59 EDT
A prominent chef told the Federal Reserve that worker shortages in the restaurant industry was tied to "life changes" and workers need more pay.
Evergrande’s global bondholders didn’t receive interest payment
Today 11:52 EDT
Global investors who own certain China Evergrande U.S. dollar bonds hadn’t received an interest payment from the property giant by Thursday’s deadline, said people familiar with the matter, opening a...
Weekend reads: Retirement locations in 6 states
Today 10:59 EDT
Also, when to sell Tesla's stock, Robinhood's IPOs and another financial transformation that may spring from blockchain, the technology behind bitcoin.
London stocks struggle and pound gives up gains
Today 10:44 EDT
The FTSE 100 was an outperformer on Friday, but only just as Europe's stock markets were deep in the red.
CDC head overrules advisers to allow COVID-19 boosters be offered to at-risk workers, and Biden urges eligible to act fast
Today 10:36 EDT
In an unusual move, the head of the Centers for Disease Control and Prevention overruled a panel of advisers' recommendation that booster doses of a COVID-19 vaccine be offered only to people over 65...
New-home sales turn higher, despite record prices
Today 10:17 EDT
Rally fades for Europe stocks as German elections loom and Evergrande worries persist
Today 10:16 EDT
Europe could not stretch its win session to Friday as investors watched German elections and a real estate giant's woes in China.
The tipping point for a low-carbon energy future is right around the corner: S&P Global Platts
Today 9:58 EDT
The tipping point on the path to a low-carbon energy future is just four years away, a new report Friday said.
An options strategy using what's called a collar can give you downside protection for a small price.
Mark Anthony Gyetvay is accused of illegally hiding $93 million offshore to avoid paying taxes in the U.S. where prosecutors say he lives.
Three dividend stocks rated ‘A’ for safety
Today 9:45 EDT
China’s crackdown on crypto notable for PBOC call out of Bitcoin, Ethereum and Tether
Today 9:36 EDT
China has reiterated its crackdown on cryptocurrencies in the world's second largest economy and the latest statement from the People's Bank of China has apparently put pressure on the broader...
U.S. seen running out of cash between Oct. 15 and Nov. 4, as debt-limit drama continues
Today 9:35 EDT
The U.S. government is most likely to have insufficient cash to meet all its financial obligations sometime between Oct. 15 and Nov. 4 if the federal borrowing limit isn't raised, according to a new...
Cleveland Fed President Loretta Mester said Friday she wants the Fed to start to slow down, or taper, its bond purchases in November and end them during the first half of 2022.
The most accurate stock market predictor was released this week. The next 10 years don’t look good
Today 8:58 EDT
A Federal Reserve report showed Americans have a high allocation to equities, which is a contrarian indicator suggesting weak returns are ahead.
Oil futures trade edge lower Friday, pulling back modestly after a rally the previous session that saw Brent crude, the global benchmark, post its highest close since October 2018.