Biden’s plan to cancel student loans will cost $400 billion, CBO estimates
The Congressional Budget Office, a nonpartisan watchdog agency, estimated on Monday that President Joe Biden's plan to forgive $10,000 to $20,000 in student loans per...
U.S. stocks close lower, as S&P 500 carves out new 2022 low and Dow ends in bear market
U.S. stocks closed lower Monday amid elevated market volatility, extending last week's losses as the S&P 500 sank to a new 2022 low. The S&P...
Dick’s Sporting Goods to hire 9,000 workers for the holidays
Dick's Sporting Goods Inc. said Monday it plans to hire up to 9,000 seasonal associates for the 2022 holiday season. In 2021, the company said...
Arkansas adult-use cannabis voter referendum cleared for Nov. 8 ballot, but Oklahoma measure is weeded out
Voters in Arkansas will cast ballots in a statewide referendum on Nov. 8 on whether to allow adult-use cannabis sales, while a separate adult-use referendum...
APEs sink toward new low after AMC discloses deal for sale of up to $1.4 billion worth of shares
Shares of AMC Preferred Equity Units , known as "APEs," dropped 7.8% toward a new low in morning trading Monday, after AMC Entertainment Holdings Inc....
U.S. stocks open lower as S&P 500, Dow head for fifth day of losses
U.S. stocks opened lower on Monday as the S&P 500 and Dow Jones Industrial Average headed for their fifth day of losses as rising Treasury...
The Tell: First thing Fed breaks with higher rates will be the financial markets, BMO says
Source: iStockphotoThe Federal Reserve is the proverbial bull in the china shop, prepared to create damage with higher interest rates to bring down the hottest...
Biden proposes new rule to provide better disclosure of airline fees
President Joe Biden is proposing a new rule that would require airlines and travel websites to provide better disclosures about certain fees, according to a...