A U.S. judge on Wednesday upheld a temporary block on a Biden administration program aimed at legalizing immigrant spouses of U.S. citizens. U.S. District Judge J. Campbell Barker of Texas extended the pause on the program until September 23 to allow time for further legal briefings and

"We will tax capital gains in a way that benefits America’s innovators, founders, and small businesses," the Democratic presidential nominee declared at a rally in North Hampton, New Hampshire. The Wall Street Journal was the first to report on Harris' capital gains tax proposal. Currently, long-term

The SEC has charged six credit rating agencies with "significant recordkeeping failures." The Securities and Exchange Commission (SEC) announced today that it has charged six nationally recognized statistical rating organizations (NRSROs) for significant failures in maintaining and preserving electronic communications. These firms admitted to the facts in the

Vice President Kamala Harris is set to propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a significant increase from the current relief and part of her economic policy aimed at appealing to middle-class Americans as she campaigns for the presidency, which she announced

Nvidia, $NVDA, has received a DOJ subpoena in an escalating antitrust investigation. Antitrust authorities are concerned that Nvidia is making it more difficult for customers to switch to other suppliers and may be penalizing buyers who do not exclusively use its artificial intelligence chips, according to sources who requested anonymity

Finland has announced plans to implement a complete ban on property purchases by certain foreign nationals due to growing security concerns over acquisitions linked to Russia near critical infrastructure. On Monday, Defense Minister Antti Hakkanen introduced a proposal aimed at preventing Russians from purchasing property in Finland, a Nordic NATO

Intel, one of the first two tech companies to join the Dow Jones Industrial Average during the dot-com boom of the late '90s alongside Microsoft, may lose its spot on the prestigious index due to a sharp decline in its stock price. Analysts and investors anticipate Intel's

Volkswagen has warned that due to challenges facing the auto industry, it may be forced to close plants in Germany and abandon a long-standing job protection agreement that has been in place since 1994, which would have prevented layoffs through 2029. "The European automotive industry is in a very

Economic activity in the manufacturing sector continued its decline in August, marking the fifth consecutive month of contraction and the 21st time in the past 22 months, according to the latest Manufacturing ISM® Report On Business®. Timothy R. Fiore, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey

The Bureau of Labor Statistics' preliminary annual benchmark review indicates that there were 818,000 fewer jobs in March 2024 than initially reported. Each year, the BLS revises data from its monthly payroll survey, adjusting the March employment levels to align with figures from the Quarterly Census of Employment

The typical American home is now 128 square feet smaller and $125,000 more expensive than it was five years ago, according to a recent analysis by USA Today Homefront. The research team used data from Realtor.com to analyze changes in listing prices and home sizes across 150 of

A new poll reveals that more Americans trust Kamala Harris to handle the US economy than Donald Trump, a shift in voter sentiment after President Joe Biden withdrew from the 2024 race. Conducted by the Financial Times and the University of Michigan Ross School of Business, the survey marks the

Brazil's highest court has ordered the immediate suspension of X (formerly Twitter) in the country after its owner, Elon Musk, refused to appoint a legal representative for the platform in Brazil. This move escalates a long-standing conflict between Musk and Supreme Court Justice Alexandre de Moraes, who is

Nearly half of Gen Z relies on family financial help, as they face higher daily expenses and lower wages adjusted for inflation compared to their parents, per Bank of America. The rising cost of living is impacting Generation Z, with nearly half of young adults relying on financial help from

Goldman Sachs (GS.N) is set to lay off over 1,300 employees from its global workforce as part of its annual review process aimed at trimming low performers, according to a report from the Wall Street Journal, which cited sources familiar with the situation. The bank is expected to

The number of 401(k) plan participants with account balances exceeding $1 million reached a record high by the end of June, according to new data from Fidelity Investments. Approximately 497,000 individuals became so-called 401(k) "millionaires" in the second quarter, reflecting a 2.5% increase from

Workers are increasingly concerned about job security as executives signal plans to replace them with AI, according to a survey by the Federal Reserve Bank of New York. However, despite this growing anxiety, job seekers are not lowering their salary expectations for new roles. The NY Fed survey, conducted every

US homebuyers are increasingly backing out of deals as elevated prices continue, causing the supply of available homes to rise. In July, active home listings saw a record 13.7% year-over-year increase, according to a report from Redfin. This spike is largely attributed to a record-breaking 59,000 canceled home-purchase

Workers are increasingly concerned about job security as executives signal plans to replace them with AI, according to a survey by the Federal Reserve Bank of New York. However, despite this growing anxiety, job seekers are not lowering their salary expectations for new roles. The NY Fed survey, conducted every

US homebuyers are increasingly backing out of deals as elevated prices continue, causing the supply of available homes to rise. In July, active home listings saw a record 13.7% year-over-year increase, according to a report from Redfin. This spike is largely attributed to a record-breaking 59,000 canceled home-purchase

US homebuyers are increasingly backing out of deals as elevated prices continue, causing the supply of available homes to rise. In July, active home listings saw a record 13.7% year-over-year increase, according to a report from Redfin. This spike is largely attributed to a record-breaking 59,000 canceled home-purchase

Experts warn that a long-standing trend of men dropping out of the workforce is dragging on the economy, and it could take years to reverse. This issue is particularly concerning because men have been leaving the labor force for decades. Carol Graham, a senior fellow in economic studies at the

Federal Reserve officials received confirmation on Friday that inflation continues to cool, setting the stage for a potential interest rate cut next month as they shift focus toward stabilizing the labor market. The personal consumption expenditures (PCE) price index showed a 2.5% increase in July compared to the previous

In a brief note to staff on Thursday, the company formerly known as Twitter announced that its longtime office and global headquarters in San Francisco will close in two weeks, on Sept. 13, according to one person familiar with the announcement. Employees in San Francisco will be moved to offices

“We are mindful that our employees and customers hold a wide range of beliefs, and the external and legal environment related to political and social issues continues to evolve,” Farley’s memo to employees read. “Ford does not utilize hiring quotas or tie compensation to the achievement of specific diversity