Florida man pleads guilty to $30M forex investment fraud scheme
A 49-year-old man from Orlando and a 44-year-old Massachusetts man pleaded guilty for executing a foreign exchange trading scheme to steal $30 million from their investor victims.
A 49-year-old man from Orlando and a 44-year-old Massachusetts man pleaded guilty for executing a foreign exchange trading scheme to steal $30 million from their investor victims.
Hurricane Ian early insurance claims show $474M in losses in Florida
A first batch of insurance claims from Hurricane Ian showed nearly $474 million in estimated insured losses, according to data posted on the Florida Office of Insurance Regulation website.
A first batch of insurance claims from Hurricane Ian showed nearly $474 million in estimated insured losses, according to data posted on the Florida Office of Insurance Regulation website.
Florida citrus growers face ‘gamut of damages’ from Hurricane Ian
As they begin to assess groves damaged by Hurricane Ian, Southwest Florida citrus growers are seeing conditions potentially worse than after Hurricane Irma, which played a key role in citrus production falling by more than one-third in 2017.
As they begin to assess groves damaged by Hurricane Ian, Southwest Florida citrus growers are seeing conditions potentially worse than after Hurricane Irma, which played a key role in citrus production falling by more than one-third in 2017.
Biden signs stopgap bill, averting government shutdown
President Joe Biden has signed into law a bill that finances the federal government through mid-December and provides another infusion of military and economic aid to Ukraine.
President Joe Biden has signed into law a bill that finances the federal government through mid-December and provides another infusion of military and economic aid to Ukraine.
King Charles III's coin designs unveiled by UK's Royal Mint
Britain’s Royal Mint has unveiled the first coins to feature the portrait of King Charles III.
Britain’s Royal Mint has unveiled the first coins to feature the portrait of King Charles III.
Peloton, Dick's Sporting Goods partner to sell equipment
The deal, announced Thursday, marks the exercise and equipment company's latest bid to broaden its market share and become more profitable ahead of the holiday season.
The deal, announced Thursday, marks the exercise and equipment company's latest bid to broaden its market share and become more profitable ahead of the holiday season.
Senate OKs stopgap to avert government shutdown, send aid to Ukraine
Congress is moving quickly to avoid a government shutdown. The Senate on Thursday passed a short-term spending bill that would finance federal agencies into mid-December.
Congress is moving quickly to avoid a government shutdown. The Senate on Thursday passed a short-term spending bill that would finance federal agencies into mid-December.
Fewer people request US unemployment benefits amid solid hiring, high inflation
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Gas leak in Nord Stream pipelines likely caused by sabotage, Germany says
Russia says sabotage on the Nord Stream system cannot be ruled out
Russia says sabotage on the Nord Stream system cannot be ruled out
Costco CEO says hot dog combo price might remain $1.50 forever
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
CBO: Biden's student loan cancellation plan to cost $400B
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
A slew of companies have already announced their seasonal hiring plans.
New rule will reveal 'true cost' of airline tickets, White House says
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
Macy's hiring 41K seasonal workers for the holidays
Macy's plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full-time.
Macy's plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full-time.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
Here is where you can report price gouging in Florida ahead of Hurricane Ian
As Florida residents rush to the store's before Hurricane Ian makes landfall, state officials want to thwart price gouging since many essential commodities, like water, may become scarce.
As Florida residents rush to the store's before Hurricane Ian makes landfall, state officials want to thwart price gouging since many essential commodities, like water, may become scarce.
Dow hits 2022 low as markets sell off on recession fears
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
Thousands have won South Carolina’s lottery this month; here’s how they did it
Lottery officials said the wins are “unprecedented” but the method is pretty simple.
Lottery officials said the wins are “unprecedented” but the method is pretty simple.