Finance

Sports Illustrated’s new manager said Thursday that the 65-year-old sports magazine is cutting more than 40 jobs out of a staff of 150. Maven, the company now managing the magazine, will add 200 contractors to cover college and professional sports teams, said Maven spokesman Greg Witter. These people are “independent publishers, contractors” but “still professional […]

If the labor market shows signs of cracking, though, “the odds for a cut in December will probably look like October does now,” Mr. Dutta said. Should economic data weaken further, economists said, it is possible the Fed would move from its current mode — one in which it’s playing a protective offense — to

The U.S. government’s highway safety agency is gathering information on reports of malfunctions with a Tesla feature that lets drivers summon their cars in parking lots. The National Highway Traffic Safety Administration stopped short of saying it had opened a formal investigation. But in a statement Thursday it said that it’s aware of the reports

Two years after a shooter rained gunfire on country music fans from a high-rise Las Vegas hotel, MGM Resorts International reached a settlement that could pay up to $800 million to families of the 58 people who died and hundreds of others who were injured, attorneys announced Thursday. It will resolve hundreds of lawsuits in

U.S. long-term mortgage rates held steady this week, offering a potential boon to homebuyers amid an uncertain economic outlook. Mortgage rates have been running near historic lows, though average rates for the key 30-year loan showed volatile swings last month. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage

When college students paying their own way have a financial hiccup, they have to make hard choices about how to spend their limited funds — and some turn to their food budget to close a gap. Gina Higgins, a mechanical engineering student at North Carolina State University in Raleigh, has paid for school with a

The European Union warned Thursday it will retaliate against the U.S. decision to slap tariffs on a range of the bloc’s exports – from cheese to wine – that could cause job losses in Europe and price increases for Americans. The Trump administration’s decision to put new import taxes on EU goods worth $7.5 billion

The Latest on Brexit and British politics (all times local): 12:20 p.m. Sweden’s European affairs minister says he is cautiously positive about the “concrete proposal” for a Brexit deal British Prime Minister Boris Johnson has submitted. Johnson’s proposal for a compromise withdrawal agreement has received mixed reviews from the European Union’s other member nations. But

Google is committing to a White House initiative designed to get private companies to expand job training for American workers. CEO Sundar Pichai was making the announcement Thursday during an appearance with White House senior adviser Ivanka Trump at El Centro community college in downtown Dallas. Ivanka Trump, President Donald Trump’s daughter, oversees the administration’s

Asian stocks fell for a fourth day Thursday as weaker U.S. manufacturing and hiring data fueled jitters about the global economy. Tokyo’s Nikkei 225 fell by an unusually wide margin of 2% and market benchmarks in Hong Kong, Sydney and Southeast Asia also retreated. Chinese and Korean markets were closed for a holiday. Wall Street’s