Business News

Musk Promises Brake Fix After Tesla Model 3 Gets…

Consumer Reports didn't give its sought-after recommendation to Tesla's Model 3 after finding issues with its braking performance.

The Latest: Congress passes bill rolling back banking rules

Congress moves to dismantle some key rules for banks that were installed to prevent a replay of the 2008 financial crisis

Cohen partner pleads guilty in deal requiring…

A longtime business partner of President Donald Trump's personal lawyer, Michael Cohen, has pleaded guilty to tax fraud in a deal that requires him to cooperate in any ongoing investigations

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Amazon urged not to sell facial recognition tool…

Privacy advocates want Amazon to stop pushing police to buy and use its facial recognition tool

David Zervos' Six Reasons Why Inflation Isn't…

May.22 -- David Zervos, chief market strategist and head of global fixed income strategy at Jefferies, discusses disinflationary forces preventing the inflation story from happening. He speaks on "What'd You Miss?"

Italy: PM pick had library pass, no official…

The Florence law professor tapped to be Italy's next premier is facing suspicions that he overstated his academic credentials

Business Highlights

Business Highlights

Stocks sink late as smaller companies and…

Stocks give up early gains and finish lower as smaller companies retreat from record highs and industrial companies and retailers decline

Low US unemployment rate masks financial…

Low US unemployment rate masks financial struggles for many families

Dems want to scrap tax cut for rich to fund…

Congressional Democrats want to give a big salary bump to teachers and pay for it by canceling the tax cut for the top 1 percent of earners

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How major US stock indexes fared Tuesday

Stocks faded Tuesday afternoon and finished the day mostly lower as industrial companies and retailers fell

US and China work on ZTE rescue; Mnuchin denies…

US and China negotiating to ease sanctions on ZTE; Mnuchin denies any quid pro quo

Tata Motors and Micron Technology rise; Toll Brothers slumps

Tata Motors and Micron Technology trade higher while Toll Brothers and J.C. Penney slide

Atlantic City Q1 casino earnings down nearly 12…

Atlantic City's seven casinos all remained profitable during the first quarter of this year, but those profits are shrinking even as two new competitors prepare to join the market

Tear gas, broken windows disrupt Paris labor march

Clashes between police and groups of masked youths erupt on sidelines of Paris labor march, forcing protesting civil servants to stand clear of flying debris and tear gas canisters

Facebook chief faces EU grilling over his…

Facebook CEO Mark Zuckerberg faced tough questions from European Union lawmakers about what one of them called Zuckerberg's "digital monster."

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Markets Right Now: Stocks ended lower, giving up early gains

Stocks turned lower in the late afternoon after being higher for much of the day and ended with modest losses.

BOE's Carney on Rates Guidance, U.K. Economy…

May.22 -- Bank of England Governor Mark Carney discusses the bank's guidance on interest rates and the outlook for the U.K. economy. These are highlights of his testimony today before the U.K.'s Treasury Select Committee in London.

Many cancer patients juggle care along with…

Many cancer patients juggle care along with financial pain