business news

Vote to expel GOP Rep. George Santos fails in House

The House of Representatives on Wednesday overwhelmingly voted down a bid to expel embattled Republican Rep. George Santos of New…

Mormon church sued again over how it uses tithing contributions from members

A federal lawsuit filed Tuesday alleges The Church of Jesus Christ of Latter-day Saints investment arm misused hundreds of thousands…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…

Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were…

In trial testimony, Donald Trump Jr. says he doesn’t remember working on financial statements

Donald Trump Jr., the eldest son and co-defendant of former President Donald Trump, testified Wednesday that he did not remember…

Private sector payrolls rose 113,000 in October, less than expected, ADP says

Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could…

Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements

Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past…