: Altria and Philip Morris’ stocks fall with BAT after news of huge write-down
British American Tobacco's $31.5 billion write-down is putting pressure on U.S. tobacco stocks.
Banking: Mortgages and small loans will be more expensive under proposed regulations, bank chiefs say
JPMorgan Chase's Jamie Dimon pushes back against capital rules as bank chiefs testify on Capitol Hill.
: Campbell Soup says it may outpace Wall Street profit estimate for 2024
Stock rises as food company lifts its earnings view.
Futures Movers: Oil prices on track for a fifth straight loss
Oil futures are falling for a fifth straight day after U.S. data reveal a a more than 5 million-barrel weekly rise in gasoline inventories.
: EIA reports a weekly drop in U.S. crude supplies, but rise in gasoline, distillates
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories fell by 4.6 million barrels for the week ended Dec. 1. On average,...
: Taylor Swift is Time’s person of the year. Here’s why she’s also been a big financial story in 2023.
The pop star helped spark a surge in consumer spending.
TaxWatch: Supreme Court weighs how far to go in ‘Super Bowl’ of tax cases that could nix wealth tax
Oral arguments unfolded Tuesday in the widely watched Moore vs. U.S. case about unrealized gains.
The Big Move: My wife and I are separating. I provided the downpayment, and paid the mortgage on our home. Will I be allowed to keep it if we divorce?
"I am concerned she may be entitled to half of the property although I have been making all the mortgage payments."
: U.S. stocks open higher after Dow’s first back-to-back losses in a month
U.S. stocks opened higher on Wednesday following the first back-to-back declines for the Dow in a month as investors shrugged off weak employment data, while...