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SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to...

14 hours ago

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CFPB expands oversight of digital payments services including Apple Pay and Cash App

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and...

16 hours ago

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India’s 2nd-wealthiest person charged by U.S. in $250 million bribery scheme

U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million...

1 day ago

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McDonald’s preparing a 2025 ‘McValue’ offering

McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The company is...

2 days ago

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Target stock falls 21% as big discounting effort falls short

Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than expected demand. The company...

2 days ago

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Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031

The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming...

3 days ago
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