Shares are mixed in Asia after a muddled day on Wall Street, where benchmarks meandered following an encouraging report about inflation.
August 12th, 1:59 AM CDT
Amazon's Ring, MGM to launch show from viral doorbell videos
Amazon-owned companies Ring and Hollywood studio MGM are partnering to create a TV show in the mold of “America’s Funniest Home Videos.".
August 12th, 1:39 PM CDT
Best Buy trims jobs after it cuts sales and profit outlook
Best Buy, the nation’s largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behavior as the virus wanes.
August 12th, 1:59 PM CDT
Asian shares mixed after new signs of cooling inflation
Shares have advanced in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July.
August 11th, 1:30 AM CDT
What Inflation Reduction Act Actually Does For IRS
We've been hearing a lot about The Inflation Reduction Act. It covers everything the environment, to health care and jobs. It also affects the IRS. NEWSnet's Business Reporter Andy Hirschfeld explains.
August 11th, 6:49 PM CDT by Andy Hirschfeld
Gas prices dip just below $4 for the first time in 5 months
Gasoline prices are dropping back toward the $4 a gallon mark, their lowest point in more than five months.
Shippers prepare for worst as Rhine levels near critical low
Shipping companies are preparing to halt the transport of goods on the Rhine as water levels in Germany’s biggest river near a critically low point.
10 hrs 12 mins ago
Dutch arrest man linked to currency mixer Tornado Cash
Dutch financial prosecutors say they have detained a man suspected of involvement in “concealing criminal financial flows and facilitating money laundering” through the virtual currency mixer Tornado Cash.
14 hrs 33 mins ago
Pipeline break spills 45,000 gallons of diesel in Wyoming
A pipeline carrying diesel fuel has cracked open and spilled more than 45,000 gallons of diesel fuel in a rural area of eastern Wyoming.
August 12th, 1:04 PM CDT
In Biden's big bill: Climate, health care, deficit reduction
The biggest investment ever in the U.S. to fight climate change.
August 12th, 12:04 AM CDT
Congress OKs Dems' climate, health bill, a Biden triumph
A flagship Democratic economic bill is perched on the edge of House passage.
August 11th, 11:53 PM CDT
Judge revives Obama-era ban on coal sales from US lands
A federal judge has reinstated a moratorium on coal leasing from federal lands that was imposed under former President Barack Obama and then scuttled under former President Donald Trump.
August 12th, 2:09 PM CDT
Inflation Reduction Act may have little impact on inflation
With inflation raging near its highest level in four decades, Congress is poised to approve President Joe Biden’s signature Inflation Reduction Act.
August 12th, 1:29 PM CDT
Peloton cuts jobs, raises prices in bid for profitability
Peloton is laying off almost 800 employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash.