Business

S&P 500 ekes out intraday record before ending down with Dow, Nasdaq on mixed company news Major U.S. stock indexes slipped to break their four-session winning streak, but they still managed to notch their second consecutive weekly gain after President Donald Trump softened his tone on tariffs, and called for lower interest rates and cheaper

The Daily Money: Can Trump lower interest rates? Good morning! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money. President Donald Trump said on Thursday that he'll demand lower interest rates immediately during video remarks made at the World Economic Forum. Trump revived a campaign he waged during his first term: trying

Valentine's Day gift baskets for under $20? Trend inspires creativity, affordability "I know that times are hard right now and I wanted to help people out by giving them ideas on what to gift ... on a budget without having to break the bank," TikToker Fabiola Reyes said. Despite TikTok's uncertainties, trends are continuing to

When does tax filing season start? Here's when the IRS will start processing returns Here's a look at key dates in the tax filing season, including deadlines to file, when to request extensions and how long until you can expect to get your refund. Benjamin Franklin famously said that "death and taxes" are the only

Costco won't join DEI backlash. Why shareholders rejected anti-'woke' proposal. Costco shareholders voted down an investor proposal from a conservative think tank that urged management to investigate the business risks of its diversity initiatives.  More than 98% of shares voted against the proposal, according to preliminary results announced by Costco chairman Hamilton “Tony” James. He

First Aid Beauty recalls more than 2,700 jars of its cult favorite repair cream The U.S. Food and Drug Administration has announced the recall of a moisturizer manufactured by popular skincare brand First Aid Beauty. The recall covers 2,756 jars of First Aid Beauty Ultra Repair Cream in the Coconut Vanilla scent that were accidentally

Trump says he'll demand lower rates immediately, claims he knows rates better than Fed President Donald Trump wasted no time reviving a campaign he waged during his first term: Trying to browbeat Federal Reserve Chair Jerome Powell and other Fed officials into lowering interest rates. Economists said remarks such as those Trump made Thursday via

Ford recalls more than 270,000 Broncos, Mavericks for potential battery failure Ford Motor is recalling more than 270,000 cars over potential battery failure that could cause a loss of power, according to the National Highway Traffic Safety Administration (NHTSA). According to a notice first reported to NHTSA on Friday, the recall covers 272,817 Bronco and

What Big Lots stores are closing? These locations are for sale. See the list The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing. Boston-based asset liquidation firm Gordon Brothers

2025 Toyota SUVs: What’s new with RAV4, Highlander, 4Runner and Crown Signia Toyota picks up another fancy-looking midsize hybrid SUV to replace the model the carmaker is losing this year. Also, an off-road icon scores a long-overdue redesign. There are a few new trim levels across the lineup, including a new Nightshade model. Dive in

The three richest Americans sat together at the Trump inauguration. Is that a problem? The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday in a VIP section at the second inauguration of President Donald Trump.   It was an historic moment: a literal concentration of wealth, the core of a group

'America is back and open for business' Trump tells leaders at World Economic Forum in Davos WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting