Finance

Yahoo Japan Corp. announced on Thursday a tender offer worth an estimated 400 billion yen ($3.7 billion) for Zozo Inc., a Japanese online retailer started by a celebrity tycoon. Zozo Chief Executive Yusaku Maezawa told reporters at a Tokyo hotel that he was stepping down to devote more time to training for a trip to […]

Mutual fund managers are making the most of the shaky stock market, which has provided them an opportunity to prove themselves and lure back investors who dumped them in recent years. Nearly half of all actively managed U.S. stock funds turned in better returns than their average index-fund peer for the 12 months through June,

The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks’ usual stimulative tools appear less effective than in the past. On Thursday, the ECB delivered a blast of monetary stimulus to try to rescue Europe’s

Big companies have been dipping their toes into America’s gun debate for a few years. Now, some are diving in. Interested in Gun Control? Add Gun Control as an interest to stay up to date on the latest Gun Control news, video, and analysis from ABC News. The CEOS of 145 companies — including Airbnb,

WASHINGTON, Sept 12 (Reuters) – In emails to his colleagues over the years, Liberty University President Jerry Falwell Jr. has denigrated students and staff at the Christian university he runs, referring to one student as “emotionally imbalanced and physically retarded” and calling the school’s police chief a “half-wit.” The barbed comments, contained in email exchanges

The U.S. government’s budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18.8% over the same period a year ago.

U.S. stocks rose in midday trading Thursday after the U.S. and China took more steps to ease tensions in their long-standing trade war that threatens to hurt the broader global economy. Technology stocks led the gains and helped extend Wednesday’s rally. Tech companies, particularly chipmakers, are heavily impacted by the trade war because many of

U.S. long-term mortgage rates rose this week but remained at historically low levels. Mortgage buyer Freddie Mac says the rate on the 30-year, fixed-rate mortgage increased to 3.56 percent from 3.49 percent last week. Average rates on the benchmark loan have remained below 3.6 percent for four straight weeks — the first time that’s happened

Getting ahead is overrated as a goal. In fact, it might even be just plain stupid. The problem with getting ahead is that it’s a zero-sum game. There’s only one winner. And in this game, it’s possible that even the winners are losers. How many of us want to be remembered merely as the person

Consumer prices slowed in August, rising by a slight 0.1%, reflecting a big drop in the cost of gasoline and other energy products. The tiny increase in the consumer price index followed a much bigger 0.3% rise in July which had been driven by a jump in energy prices, the Labor Department reported Thursday. With