Money

The share of U.S. dollars in foreign-exchange reserves of global central banks has slipped in recent years, but it still accounts for nearly 60% of the total.

The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."

Chicago Blackhawks owner Rocky Wirtz is calling on lawmakers to come together and spark change in the city's growing crime crisis.

The Treasury Dept. released its first-ever illicit finance risk assessment of decentralized finance (DeFi) services to cybercriminals and state actors like North Korea.

According to SEC filing, advisers of the Miller Value Partners Appreciation ETF say the fund has an above-average probability to outperform the S&P 500 over a multi-year time horizon.

Sweetgreen announced it will rename its new menu item, the Chipotle Chicken Burrito Bowl, to Chicken + Chipotle Pepper Bowl after Chipotle Mexican Grill sued the fast casual restaurant chain in a California Federal Court for violating their trademark rights.

Amid a banking crisis and the hawkish Fed strategy to raise interest rates and cool inflation, the U.S. dollar is predicted to weaken further in 2023.

The potential sales come as lawmakers and regulators across the U.S. debate the future of natural gas for home heating and cooking as more towns and cities look to phase it out.

Social Security trust funds are expected to run out of money one year earlier than initially projected, the U.S. Treasury Department said.

Friday night's Mega Millions jackpot has jumped above $400 million for only the 19th time in history. The last jackpot was won in January.

Former-executives at Massachusetts-based Magellan Diagnostics, Inc. were charged this week for allegedly hiding a problem with lead tests that produced low results.

A sizable amount of cryptocurrency that came from investment scams recently got seized by the Department of Justice. It amounted to an estimated $112 million.

Fast casual restaurant chain Chipotle Mexican Grill is suing competitor Sweetgreen in federal court in Santa Ana, Calif., claiming the salad restaurant’s new "Chipotle Chicken Burrito Bowl" violates trademarked rights.

Target Inc. has been sued by the families of a 9-year-old boy and a woman who were stabbed last year in an L.A. store by a homeless man in an unprovoked attack.

To be happy living in California, a personal finance website said last month that residents need to make a minimum annual salary of more than $145,000, citing the high cost of living.

Bill Anderson this week joined the management board of Bayer and will take over the reins from Werner Baumann. Anderson starts as chief executive in June.

Johnson & Johnson said Tuesday that it would pay $8.9 billion to resolve all current and future allegations that its baby powder containing talc caused cancer.