Finance

The Federal Reserve is hoping that its latest interest-rate cut will help keep the economy safely at cruising altitude. But don’t expect it to provide much of a lift to the housing market. Housing is one of the pathways by which Fed policy produces results. When the central bank cuts interest rates, it encourages people […]

RIVER VALE, N.J. — Laura Ward flipped through the small, lined notebook where she had neatly recorded every job posting she had answered, résumé she had sent and application she had completed since being laid off in March 2016. No. 28 was a job listing for a creative manager at Byre Group posted on the

Ivanka Trump is getting ready to promote her women’s economic development program on an upcoming trip to Morocco. It will be her third overseas trip this year to promote the Women’s Global Development and Prosperity Initiative , which was launched in February to benefit women in developing countries. President Donald Trump’s daughter and senior adviser

The boards of Fiat Chrysler and PSA Peugeot have approved merging the two companies in a move that would create the world’s fourth-largest automaker with combined revenues of 170 billion euros ($188.8 billion), the companies announced Thursday. Interested in Autos? Add Autos as an interest to stay up to date on the latest Autos news,

Most Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve cut a key interest rate. Tokyo, Hong Kong and Seoul advanced. Shanghai retreated 0.1% after Chinese factory activity weakened more than expected in October. Investors welcomed the Fed’s third rate cut this year to shore up economic growth amid a bruising

As Pacific Gas & Electric deliberately shut off power to homes and businesses to prevent wildfires, it has failed to communicate with California officials, given conflicting accounts about when the lights would go out and advised people to get information “the old-fashioned way, through calling on a landline.” The behemoth power company is still struggling

New York City lawmakers on Wednesday passed a bill that bans restaurants and grocery stores from selling foie gras, the fattened liver of a duck or goose considered a culinary delicacy for centuries. The bill, which is expected to be signed by Mayor Bill de Blasio, would forbid the sale of the French specialty starting

Soon after calories were posted on fast-food menus, people cut back a little bit on what they ordered. But it didn’t last. Customers at fast-food chains in Louisiana, Mississippi and Texas ordered an average of 60 fewer calories per transaction in the weeks after the figures were displayed, according to a study published Wednesday in

Twitter, reacting to growing concern about misinformation spread on social media, is banning all political advertising from its service. Its move sets it apart from Facebook, which continues to defend running paid political ads, even false ones, as a free speech priority. “While internet advertising is incredibly powerful and very effective for commercial advertisers, that

A Juul Labs executive who was fired earlier this year is alleging that the vaping company knowingly shipped 1 million tainted nicotine pods to customers. Interested in Vaping? Add Vaping as an interest to stay up to date on the latest Vaping news, video, and analysis from ABC News. The allegation comes in a lawsuit