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Markets
The Federal Reserve holds interest rates steady: Here’s what that means for your money
The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed's 2% mandate.The move comes after the central bank cut its benchmark interest rate by a full percentage point last…
Levi beats earnings estimates but expects pressure this year from strong U.S. dollar
Levi Strauss issued dismal guidance for its current fiscal year on Wednesday, as the denim maker grapples with unfavorable currency exchange rates, one fewer selling week and a loss in revenue from its Denizen and footwear businesses. …
Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White
SpaceX CEO Elon Musk gestures during a rally on the inauguration day of U.S. President Donald Trump's second Presidential term, inside Capital One, in Washington, U.S. Jan.20, 2025.Mike Segar | ReutersTesla's fourth-quarter earnings…
Displaced Los Angeles-area residents face spiking rents as authorities warn of price
An aerial view of a fire truck near homes destroyed in the Palisades Fire as wildfires cause damage and loss through the LA region on January 13, 2025 in Pacific Palisades, California. Mario Tama | Getty ImagesJoe Thompson's desperate…
World’s largest luxury group LVMH posts better than feared full-year sales
A Louis Vuitton storefront in San Diego, California.Kevin Carter | Getty Images News | Getty ImagesThe world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential…
Norway is set to become the first country to fully transition to electric vehicles
Oslo Taxi's Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024.Jonathan Nackstrand | Afp | Getty…
Looking for a new place in 2025? How to know if a rental listing is a scam, fraud experts
Eleganza | E+ | Getty ImagesIt's exciting to find a new place to rent in your neighborhood or in a new city. That is, of course, unless you get duped.In so-called rental listing scams, scammers will make up listings that aren't available…
British retail faces a reckoning as 232-year-old chain looks to sell its high street
Members of the public walk past a branch of a WH Smith Plc in Orpington on January 23, 2025 in London, England. Dan Kitwood | Getty Images News | Getty ImagesBritish retailer WH Smith is looking to sell its historic high street business…
Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024.Jaap Arriens | Nurphoto | Getty ImagesPresident Donald Trump said on Tuesday that he'd…
After the wildfires: What a long rebuilding process will look like for Los Angeles
An aerial view of the sun rising above homes that burned in the Eaton Fire on January 21, 2025 in Altadena, California. Mario Tama | Getty ImagesA few weeks ago, the home of Dr. Damon Raskin in Los Angeles' wildfire-stricken Pacific…