User banner image
User avatar
  • Danielle Kaye

Posts

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation

While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.

Egg Prices Jump Before Holidays as Bird Flu Spreads

Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.

PG&E Secures $15 Billion Loan From U.S. Energy Department

The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.

Carlos Watson, Ozy Media Co-Founder, Is Sentenced to Almost 10 Years in Prison

A federal jury in July found Mr. Watson, who started the digital media company in 2013, guilty of trying to defraud investors and lenders.

F.T.C. Sues Largest U.S. Alcohol Distributor for Illegal Pricing

The suit, under a long-dormant antitrust law, accuses Southern Glazer’s of charging small businesses “drastically” more than big chains.

Albertsons Backs Out of Merger Deal After Court Rulings

The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce...

Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger

The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.

For Those in Need of a Job, Landing One Might Still Be a Challenge

Layoffs remain relatively low, but people who lose their jobs could be struggling to find new ones.

Black Friday and Cyber Monday Shopping Exceeds Industry Estimates

An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s...