The holidays are a time for celebration, but they are also a busy time for scammers. From fake flash sales and delivery texts to AI-powered…
Weil, Gotshal & Manges, the storied law firm that handled Enron and Lehman Brothers, among other high-profile clients, is moving toward dissolution after nearly a century in business, despite generating more than $2 billion in…
This story will be updated with further details from the Fed’s October 2026 interest rate decision. The Federal Reserve on Wednesday held its benchmark interest rate steady amid elevated inflation as policymakers opted to wait for additional economic data after hiking rates in September.Fed policymakers voted 10-2 to leave the federal…
Nelson Peltz’s Trian Fund Management on Wednesday made an offer to buy Wendy’s for roughly $1.4 billion in a move that would make the fast-food chain a privately held company. Trian has been a long-term shareholder in Wendy’s, and Peltz’s hedge fund is leading a group that offered to buy…
Households around the country are facing financial stress amid persistent inflation, and retirees facing rising expenses need to ensure their income streams can cover costs. Americans derive their retirement income from a variety of sources, which can include personal retirement savings, such as through a 401(k) plan or IRA, as…
The Federal Reserve is set to announce its latest interest rate decision on Wednesday with the midterm elections less than a week away. Policymakers at the Fed say they avoid letting politics influence their monetary policy moves, and can be hesitant to hike or cut interest rates at meetings that…
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Toyota is recalling nearly 31,000 vehicles over a software issue that could cause the plug-in hybrid system to shut down while driving at high speeds, according to federal regulators. The recall affects 30,978 2026 Toyota…
