Grubhub settles Massachusetts' lawsuit over pandemic-era fees for $3.5 mln
Grubhub has agreed to pay more than $3.5 million to resolve a lawsuit by Massachusetts accusing the company of illegally charging restaurants excessive fees during the COVID-19 pandemic.
I think the Fed is 'cutting rates in advance of economic slowdown': Michael Lee
The founder of Michael Lee Strategy discusses the impact of rising tensions in the Middle East on the Federal Reserve and oil prices and weighs in on the banking sector's 4Q results.
Conoco gas station in Camden, NJ, may have sold gas tainted with floodwater, officials say
A Conoco gas station in Camden, New Jersey, may have sold gas tainted by floodwater to customers, causing at least 26 vehicles to malfunction, officials say.
Billionaire Bill Ackman says Biden should drop out due to age
Billionaire businessman Bill Ackman said in a recent interview that he believes President Biden should drop out of the presidential election due to his advanced age.
US airlines cancel more than 1,800 flights as massive winter storm slams Midwest
U.S. airlines have canceled at least 1,800 flights as dangerous winter weather is forecast to slam the Midwest and Plains this weekend.
Defense stocks 'poised to do better' if elevated risk continues: Kenny Polcari
SlateStone Wealth chief market strategist reacts the release of the PPI and the market reaction to the coalition strike on the Houthis.
Oil tankers divert course from Red Sea after US-UK joint airstrikes on Yemen’s Houthis: report
Four oil tankers opted to divert course on Friday from the Red Sea after the U.S. and Britain launched joint airstrikes against the Yemen’s Houthi rebels following their aggression.
Wholesale inflation cools more than expected in December
The Labor Department said Wednesday the producer price index moderated in December, a sign that price pressures in the economy are beginning to abate.
Biden touts cooling inflation, but prices are up sharply from 2021
President Biden touted the slowdown in inflation in 2023, even as the latest government data underscored the persistence of high prices in the economy.
First time homebuyers should check these cities per Realtor.com
Realtor.com on Thursday put out a report detailing the cities expected to be best-suited for those looking to purchase their first-ever home. Irondequoit in New York came in No. 1.
Texas man says Walmart mistook him as shoplifter, demands free stuff for life
A Texas man is suing Walmart in federal court and seeking $100 million in damages or free unlimited shopping at any of its stores for life after an incident that took place at a store in Omaha, Nebraska, in March 2021.
Fed likely to hold tight with its hawkish inflation policy: Mark Smith
Wells Fargo Advisors SVP Mark Smith and Osaic chief market strategist Phil Blancato analyze December inflation data and discuss how investors should play the bond market on 'Making Money.'
North Carolina latest to scoop retirement funds from Ben & Jerry’s over ice cream brand’s Israel boycott
North Carolina State Treasurer Dale Folwell announced that North Carolina Retirement Systems is withdrawing $40 million from Ben & Jerry's due to the company's Israel boycott.
Inflation increased to 3.4% in December – Here's what that means for mortgage rates
Consumer prices increased more than expected in December and could put interest rate decreases further in the distance.
Fed should not cut rates at all, they might raise them: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether Fed rate cuts are still on the table as inflation ticks up on 'Making Money.'
Fed is in an inflation conundrum: Kevin Mahn
Hennion & Walsh Asset Management President and CIO Kevin Mahn discusses the state of the Fed's inflation fight after consumer prices rose more than expected in December on 'The Big Money Show.'
eBay to pay $3M after targeting Massachusetts couple with cyberstalking campaign
eBay Inc. admitted that seven now former members of its security team targeted a Massachusetts couple over a newsletter critical of the e-commerce giant.
Manufacturers sound alarm on Biden's energy policies ahead of Iowa caucuses: Consumers will pay more
Iowa Spring CEO Tim Bianco and employee Nate Setchell detail their economic fears and concerns over another four years under President Biden's leadership.
December inflation breakdown: Where are prices still rising the fastest?
Inflation climbed faster than expected in December thanks to an uptick in the cost of rent, electricity and food, according to new Labor Department data.
Who would get the $370M Trump is being sued for by NYAG Letitia James?
New York Attorney General Letitia James is seeking $370 million, plus 9% interest in penalties, from former President Trump as part of her lawsuit against him.