How McKinsey cashed in by consulting for both companies and their regulators

HOW MCKINSEY CASHED IN BY CONSULTING FOR BOTH COMPANIES AND THEIR REGULATORS

When McKinsey Comes to Town authors Walt Bogdanich and Michael Forsythe say the consulting firm helped companies boost tobacco and...

The UK scraps a proposed tax cut for the wealthy that sparked market turmoil

THE UK SCRAPS A PROPOSED TAX CUT FOR THE WEALTHY THAT SPARKED MARKET TURMOIL

The tax cut was part of a package of unfunded cuts unveiled only days ago that sent the pound to record lows and was widely seen as...

 
 
 
SEC charges Kim Kardashian for unlawfully touting crypto on her Instagram account

SEC CHARGES KIM KARDASHIAN FOR UNLAWFULLY TOUTING CRYPTO ON HER INSTAGRAM ACCOUNT

The reality TV star hawked a crypto token on her Instagram account without telling her hundreds of millions of followers she'd been...

UNPAID MEDICAL BILLS ARE STILL HARMING PEOPLE'S CREDIT SCORES DESPITE NEW POLICIES

Medical debt can ruin people's credit rating - making it hard to get a loan, mortgage or credit card. People of color are most impacted...

 
 
 

HURRICANE IAN DAMAGE IN FLORIDA IS ESTIMATED TO BE TENS OF BILLIONS OF DOLLARS

Florida residents are assessing hurricane damage and insurance providers are expecting to see a rush of claims. NPR's Steve Inskeep...

The hidden faces of hunger in America

THE HIDDEN FACES OF HUNGER IN AMERICA

More than 1.2 million people struggled to put food on the table at some point last year in the Washington, D.C. region. Tens of millions...

 
 
 
Starbucks workers have unionized at record speed; many fear retaliation now

STARBUCKS WORKERS HAVE UNIONIZED AT RECORD SPEED; MANY FEAR RETALIATION NOW

Economists say inflation is easier on Gen Z, TikTok disagrees

ECONOMISTS SAY INFLATION IS EASIER ON GEN Z, TIKTOK DISAGREES

With fewer assets to erode, and flexibility to change jobs, Gen Z is positioned well for inflation, but that's not how they're seeing...

 
 
 
With Ukraine at war, officials hope to bring tourism back to areas away from fighting

WITH UKRAINE AT WAR, OFFICIALS HOPE TO BRING TOURISM BACK TO AREAS AWAY FROM FIGHTING

The war displaced millions of Ukrainians. But officials are trying to entice citizens to travel around the country for pleasure again....

THE BIDEN ADMINISTRATION IS CHANGING WHO QUALIFIES FOR STUDENT LOAN CANCELLATION

Lawsuits have taken aim at the Biden administration's efforts to cancel some federal student loan debt. In response, the administration...

 
 
 
Auto companies are racing to meet an electric future, and transforming the workforce

AUTO COMPANIES ARE RACING TO MEET AN ELECTRIC FUTURE, AND TRANSFORMING THE WORKFORCE

The auto industry is undergoing a once-in-a-century transformation and not just blue-collar workers are feeling the impact. Some white-collar...

A bad year for Wall Street gets even worse, as stock markets finish September down

A BAD YEAR FOR WALL STREET GETS EVEN WORSE, AS STOCK MARKETS FINISH SEPTEMBER DOWN

Amid heightened uncertainty about the global economy, all three U.S. indexes are in a bear market as the third quarter comes to a close.

 
 
 

GEN Z IS FEELING THE IMPACTS OF HIGH INFLATION EXTRA HARD

Inflation is on everyone's minds right now. Gen Z Americans are experiencing it in different and sometimes surprising ways.

THE JOURNEY A NUMBER OF ECON TERMS RECENTLY WENT THROUGH TO GET INTO THE DICTIONARY

Earlier this month, Merriam Webster added over 300 new words to the dictionary. A number of econ terms were on the list.

 
 
 
Fox's Jeanine Pirro is back in the hot seat in $1.6 billion election defamation case

FOX'S JEANINE PIRRO IS BACK IN THE HOT SEAT IN $1.6 BILLION ELECTION DEFAMATION CASE

Dominion Voting Systems' lawyers want to question the Fox News star again over texts they got just hours before she sat for a sworn...

AMERICANS' INCOMES ROSE LAST MONTH, BUT SPENDING - DUE TO INFLATION - GREW FASTER

A new inflation report shows prices rose more than expected last month. The Federal Reserve is likely to keep raising interest rates...

 
 
 

TO FULLY EMBRACE ELECTRIC VEHICLES, THE AUTO INDUSTRY MUST ADJUST ITS WORKFORCE

The auto industry is undergoing a once-in-a-century transformation as it goes all in on electric vehicles. Certain white-collar workers...

ECONOMISTS CONSIDER THE TRADEOFFS OF FIGHTING INFLATION AND KILLING ECONOMIC GROWTH

The Federal Reserve has been extremely aggressive in its attempt to bring inflation down by quickly raising interest rates. Some economists...

 
 
 

TEXTS RELEASED AHEAD OF TWITTER TRIAL SHOW ELON MUSK ASSEMBLING THE DEAL

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich...

Live spiders and cockroaches: Ex-eBay executives get prison time in harassment plot

LIVE SPIDERS AND COCKROACHES: EX-EBAY EXECUTIVES GET PRISON TIME IN HARASSMENT PLOT

Former eBay Inc. executives were sentenced Thursday to prison for a scheme to terrorize the creators of an online newsletter that included...

 
 
 



CDC drops traveler health notices for individual countries

WASHINGTON - The federal government is scrapping another of its responses to the pandemic. On Monday, the U.S. Centers for Disease Control and Prevention dropped its... Read more ...

U.K. minister vows 'no more distractions' after scrapping key U.K. tax provision

Kwarteng's remarks come days after Prime Minister Liz Truss announced her economic package that sent markets spiraling. Read more ...

The UK property market could be about crack. Here's how to trade the sector...

Britain's property market has been thrown into turmoil. Here are the stocks to buy - and sell - according to Stifel Europe. Read more ...

Want a 'short term defensive move' with up to 5% return? Buy this fund, says...

"Short-term defensive measures probably are warranted," says strategist David Dietze, who names his favorite fund to play the market right now. Read more ...

American Airlines CEO defends JetBlue deal to federal judge

The CEO of American Airlines said Monday that his airline needed a partnership with JetBlue because Delta Air Lines had bulked up through a merger sooner than American, had... Read more ...

Kim Kardashian Fined For Cryptocurrency Promotion, Here's What It Means For...

The SEC announced that Kim Kardashian has agreed to pay a $1.26 million settlement for her involvement in illegally promoting EthereumMax to 250 million Instagram followers. Read more ...

Economic Roundup: U.S. ISM Manufacturing Drops More Than Anticipated

It is not a recession but the details are troubling. Read more ...

Naver agrees to acquire fashion marketplace Poshmark for $1.2B

Naver, the South Korean search giant, today announced it plans to acquire secondhand apparel marketplace Poshmark for $1.2 billion in cash. The deal values publicly-traded... Read more ...

Cramer's lightning round: I'm very bullish on Disney

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Read more ...

Buffett's successor buys nearly $70M of Berkshire stock

OMAHA, Neb. - Billionaire Warren Buffett's successor bought nearly $70 million worth of stock in the conglomerate he is slated to one day lead. Berkshire Hathaway Vice Chairman... Read more ...