A California judge fined Uber Technologies Inc. $59 million on Monday, and threatened to suspend its permit to operate in the state if the ride-hailing giant doesn’t pay the penalty and answer regulators’ questions within 30 days.
The Electoral College formally declared Joe Biden president-elect Monday, after California cast its 55 votes for the former vice president and put him beyond the 270 vote threshold needed to secure victory.
An attempt by a group of lawmakers from both sides of the aisle and both chambers of Congress to stitch together a coronavirus aid package would extend and revive some of the most popular provisions of the CARES Act from March – with one big exception.
Treasury prices erase early losses, leaving yields little changed, as worries that rising COVID-19 cases could curtail economic activity and spark renewed lockdowns put a damper on a stock-market rally.
The Dow pulls back from an intraday record to close lower, as investors weigh the U.S. rollout of a COVID-19 vaccine against tightening restrictions implemented in New York City and parts of Europe ahead of Christmas.
The Dow pulls back from an intraday record to close lower, as investors weigh the U.S. rollout of a COVID-19 vaccine against tightening restrictions implemented in New York City and parts of Europe ahead of Christmas.
Millennials are driving a change in the traditional idea of paying by credit, and soon investors will have a way to play that trend on the U.S. markets.
The U.S. reached the sobering milestone of 300,000 for COVID-19 related deaths on Monday, a contrast to the hope and relief felt after the first person in the U.S. received a shot to protect against the deadly pandemic.
Are Ivanka Trump and Jared Kushner trading the political life in Washington, DC, for some fun in the sun? According to the New York Post, the young couple have bought a nearly 2-acre lot of land in Florida for the tidy sum of $31.8 million.
Allianz economist Mohamed El-Erian explained to Bloomberg TV why the government needs to take action to “break that cycle” in the face of surging coronavirus numbers.