Stocks

Rep. Carlos Gimenez, R-Fla., called out Biden for not focusing on the stock market selloff, arguing the president is not tied to the reality of how people retire.

The trio includes father-son duo Peter Coker Sr. and Jr. and their long-time friend James Patten. Patten and Coker Sr. have been arrested Monday, while Coker Jr. remains at large.

The bond market is crashing as the Federal Reserve hikes interest rates to combat inflation, a warning sign for the U.S. stock market, according to Bank of America.

FOX Business looks at the upcoming events likely to move financial markets, including Elon Musk to be deposed in his legal battle with Twitter, Amazon's annual hardware event and more.

Investors continued to dump U.S. stocks as fears grow that a potential recession will be deeper than initial forecasts as the Federal Reserve attempts to tame inflation.

Traders will watch reaction to Costco's quarterly earnings and September manufacturing and services purchasing managers’ indices on Friday.

The House of Representatives may take up the issue of adjusting the STOCK Act which is designed to combat insider trading. It would ban members of Congress from trading stocks.

Sources familiar with the matter told FOX Business that Ancora believes Kohl's board member and former Burlington Stores CEO Thomas Kingsbury could work as a possible successor to either Gass or Boneparth.

The Federal Trade Commission says Amazon executives Jeff Bezos and Andy Jassy must testify in a probe into Prime's policies involving how customers sign-up and cancel the service.

United Airlines pulled some jets from service recently for required inspections, affecting 25 flights. The rate of flight delays is up 23% for all airlines since before the pandemic.

The Federal Reserve will issue its latest interest rate decision following the latest policy meeting this afternoon with another big hike expected.

The U.S. Federal Trade Commission (FTC) has asked Amazon and iRobot for more information on the e-commerce giant's $1.7-billion buyout of the popular Roomba vacuum maker.

Zuckerberg ranks 20th among global billionaires with a net worth of $55 billion – his lowest ranking since 2014, according to the Bloomberg Billionaire's Index.

FOX Business takes a look at the upcoming events likely to move financial markets in the coming days, including the Fed's latest decision on interest rates.

Ray Dalio, the founder of Bridgewater Associates, said in a post this week that interest rates will need to rise substantially in order to fight inflation.

The U.S. stock market is poised to tumble even lower in coming weeks as investors confront inflation that is still near a multi-decade high and rising interest rates.

FedEx is cutting back. The delivery giant said it is closing some stores and offices and also delaying hiring new employees due to a decline in its package delivery business.

FedEx shares plunged after the company reported that it was closing some stores, offices and scheduling fewer flights in cost saving measures.

Uber confirmed on Thursday that some of its internal computer systems had been breached by a hacker and it is being investigated. Uber said it was in touch with police about the hack.

The deal will be comprised of approximately half cash and half stock. Adobe will finance the deal through its cash on hand and if necessary, a term loan.