Economy
An online news source proving up to date news on local and global economies.
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Mortgage rates drop to the 5% range for the first time since September
Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service |…
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An 81-year-old brain doctor’s 7 ‘hard rules’ for keeping your memory ‘sharp as a whip’
Like any other part of your body, your brain needs daily exercise. Neglecting your brain health can make you vulnerable…
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Jim Cramer’s Investing Club meeting Thursday: Meta, Eli Lilly, Estee Lauder
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a…
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Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie…
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Netflix’s password sharing crackdown is coming: What we know so far about how it will work
Netflix’s plan to stop users from sharing their passwords with each other is starting to take shape. The streaming giant,…
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Oil giant Shell posts highest-ever annual profit of $40 billion
Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would…
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Biden-McCarthy meeting yields no debt ceiling deal, but speaker says markets should be encouraged
U.S. House Speaker Kevin McCarthy (R-CA) talks to reporters after he met with U.S. President Joe Biden to discuss the…
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Stocks making the biggest moves after hours: Meta, Align Technology, e.l.f Beauty and more
Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. Meta…
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Meta shares jump 17% on fourth-quarter revenue beat
Anwar Almojarkesh (L) and Alan Chalabi (R) from England take a photo at Meta (formerly Facebook) corporate headquarters in Menlo…
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White House likely to tap Brainard, Bernstein as top economic advisors, sources say
Lael Brainard, vice chair of the US Federal Reserve, prior to taking the oath of office during a ceremony in…
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