Finance

So many people routinely give away sensitive information about themselves to use free digital services on their phones and computers that it even worries the leader of a major data-management company. That’s why Splunk CEO Doug Merritt is part of a growing crowd urging U.S. lawmakers to adopt personal data safeguards similar to those Europe […]

The federal government’s budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that shifted $55 billion in June benefit payments into May. The Treasury Department said Wednesday that the increase in the May deficit from an imbalance of

Martin S. Feldstein, a conservative Harvard economist and a former chief economic adviser in the Reagan administration who was unafraid to publicly disagree with fellow White House officials, died on Tuesday. He was 79. His death was announced in an email sent to colleagues by Jeremy C. Stein, the chairman of Harvard’s economics department. It

Jeff Schwager is wondering whether it truly makes sense to sell his company’s cheese outside the U.S. Schwager’s company, Sartori, faced potential retaliatory tariffs from Mexico when President Donald Trump threatened nearly two weeks ago to reopen a trade war with Mexico to pressure its government to halt the flow of Central American migrants to

Employ America won’t oppose every pick Mr. Trump makes for the Fed: Mr. Bell often praises Richard H. Clarida, the Fed’s vice chair, who was nominated by Mr. Trump. Nor is the group anti-Fed. Mr. Amarnath worked at the New York branch after college and has either participated in or coached Fed Challenge, in which

A slide in technology companies and banks pulled U.S. stocks modestly lower in afternoon trading Wednesday, steering the market toward its second straight loss. Energy stocks took the heaviest losses as the price of U.S. crude oil continued to decline, tumbling 4%. Investors shifted money into safer holdings after more than a week of aggressive

Black and other darker-skinned women had long struggled to find makeup that matched or complemented their skin. But a widening array of products is showing up at mainstream retailers with an eye toward the multicultural consumer. A big game changer was Rihanna’s Fenty Beauty collection, which was launched two years ago and is sold at

Ford is recalling over 1.3 million vehicles mainly in North America to fix rear suspension and transmission control software problems. Interested in Recalls? Add Recalls as an interest to stay up to date on the latest Recalls news, video, and analysis from ABC News. The largest recall covers over 1.2 million Explorer SUVs from 2011

U.S. consumer prices increased a slight 0.1% in May, as inflation was tempered by lower costs for gasoline, electricity and used cars. The Labor Department said Wednesday that the consumer price index rose 1.8% during the past year. Excluding the volatile food and energy categories, core prices rose 0.1% in May and 2% from a

Shares retreated Wednesday and Hong Kong’s Hang Seng index dipped nearly 2% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy. In early European trading, Germany’s DAX lost 0.6% to 12,079.26 and the CAC 40 in France dropped 0.6% to 5,377.20. Britain’s FTSE 100 skidded