Winning ticket for Powerball’s $366.7 million jackpot sold in Vermont. Here’s the tax bite for the winner
For this jackpot, a required federal tax withholding of 24% would reduce the $208.5 million cash option by about $50 million. More would likely be...
In One Chart: The world was already unhappier and more stressed than ever — then war and inflation hit
Gallup's global Negative Experience Index hit an all-time high last year as the COVID-19 pandemic persisted
Economic Report: Consumer spending slows sharply as inflation hits home
Americans increased spending in May by just 0.2% — the smallest gain in 2022 — as high inflation made them more cautious about what they...
Market Extra: Are the markets closed July 4?
Here are the trading hours for markets heading into the Independence Day weekend.
Market Snapshot: Dow down more than 400 points as brutal first half comes to close
Stocks are looking at the worst first-half of a year since 1970, with investors weighed by worries over inflation, recession and central banks.
Economic Report: Chicago PMI down sharply in June
The Chicago Business Barometer, also known as the Chicago PMI, fell to 56 in June from 60.3 in the prior month.
: U.K. economy teetering on edge of recession, says Goldman Sachs
The U.K. is teetering on the edge of recession, say economists at Goldman Sachs, as inflation-battered Britons curtail spending and the Bank of England raises...
Bond Report: Bond yields slide, with 10-year Treasury yield near 3%, as recession fears dominate for now
Bond yields soften as a risk-off tone across global markets encourages the buying of government debt and traders weigh the latest U.S. inflation data.
Washington Watch: Supreme Court limits EPA’s role in combatting climate change
Pres. Biden’s ambitious climate-change plan hit a major hurdle as the Supreme Court ruled to restrict federal reach in controlling emissions at power plants.