Business News

Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though the sentencing judge may want to send a message....
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CEO Jamie Dimon once again cited global instability as his chief concern and named it as one of the reasons why inflation may not yet be under control, saying that “geopolitics is getting worse." “My...
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Key Takeaways Visa shares fell Tuesday morning following reports that the U.S. Department of Justice (DOJ) is preparing an antitrust lawsuit against the payment processor.The DOJ could file a suit as...
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US home prices hit a record high in July, highlighting affordability challenges buyers face despite a downward trend in mortgage rates. The S&P Case-Shiller National Home Price Index rose 0.2% over...
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The US Justice Department sued Visa Inc. Tuesday, alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in the...
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The new rules — which kicked in Aug. 17 but were already affecting deals once the settlement was announced in March — have had the initial effect of modestly lowering fees. The average commission per...
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By Alex Lawler LONDON (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower...
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H omebuyers and homeowners looking to refinance both received positive news earlier this month when mortgage interest rates plunged to their lowest level in two years. That drop w...
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Israel has attacked Hezbollah in Lebanon every day for the past week — from commander assassinations to the destruction of missile launchers — in what officials say is an attempt to force the group...
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All may not be going well for Bernard Arnault, who owns luxury brands Louis Vuitton and Dior, after a whopping $54 billion wipeout....
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