By Leah Nylen | December 27, 2022
Dallas-based Southwest canceled almost 3,000 flights on Monday and had hundreds of others run late, disrupting more than 80% of its schedule as operational woes mushroomed in the wake of a massive storm.
By Stephen Kirkland | December 27, 2022
Investors are hoping for a year-end rally to help mitigate what has otherwise been a brutal run for risk assets.
By Paige Smith | December 27, 2022
Odds are high for a recession next year as the Federal Reserve continues to boost borrowing costs in an effort to bring price pressures under control.
By Ana Monteiro | December 27, 2022
While imports of consumer merchandise have fallen from a record earlier this year, they remain well higher than the pre-pandemic average.
By Shruti Date Singh | December 27, 2022
Looking ahead, Chicago's pensions could take an even deeper hit in 2023 if the market rout continues to erode returns and the looming recession economists are warning of hurts the third most populous U.S. city's revenue.
By Michelle Kaske | December 22, 2022
Metropolitan Transportation Authority officials have warned that without additional funding from New York state, the agency will have to consider larger fare increases, service reductions and layoffs.
By Sean O'Kane | December 22, 2022
To the extent that Elon Musk remains involved with Twitter, it should be with the underlying technology rather than as the "front-facing CEO," the head of Gerber Kawasaki Wealth Management said.
By Emily Nicolle | December 22, 2022
Binance said the exchange is exploring how it might provide additional transparency on its reserves in the coming months.
By Jason Scott and Eddie Spence | December 21, 2022
Gold often moves in the opposite direction to the dollar as it's priced in the U.S. currency.
By Sagarika Jaisinghani and John Cheng | December 21, 2022
One of the main consensus views among strategists is that stock markets aren't yet reflecting a generally downbeat economic outlook.
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