WASHINGTON (AP) — The confidence of American consumers rebounded this month to end the year on a high note despite high inflation, rising interest rates that have made credit cards and mortgages more expensive, and growing anxiety about a possible recession. The Conference Board reported Wednesday that its consumer confidence index rose to 108.3 in […]

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed for the tenth consecutive in November, constrained by a tight inventory of properties on the market and mortgage rates averaging more than double what they were a year ago. Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate […]

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. The Consumer Financial Protection Bureau on Tuesday ordered […]

NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase — its seventh rate hike this year — will make it even costlier for consumers and businesses to borrow […]

NEW YORK (AP) — The worst may be yet to come for the stock market. Wall Street’s mini-rebound since mid-October has recovered some of the index’s sharp losses from the first 10 months of the year. It closed Monday a shade below 4,000, up more than 10% since its bottom two months earlier. Many analysts […]

WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. The […]

NEW YORK (AP) – Grilling company Weber is being taken private in a deal valued at about $3.7 billion. Investment funds managed by BDT Capital Partners LLC will buy all of the outstanding shares of Weber Inc. that they don’t already own for $8.05 per share. Weber’s board has approved the transaction, which is expected […]

(VINnews) — For years, Twitter assured us they do not target conservatives. CEO Jack Dorsey and other high-level execs insisted (even under oath) that “shadow banning” is a right-wing fabrication, conjured up by conspiracy theorists. Well, they’ve been gaslighting us. Surprise. In Elon Musk’s “Twitter Files,” journalist Bari Weiss, a leftist, exposed the “blacklisting” of […]

LONDON (AP) — Google has to delete search results about people in Europe if they can prove that the information is clearly wrong, the European Union’s top court said Thursday. The European Court of Justice ruled that search engines must “dereference information” if the person making the request can demonstrate that the material is “manifestly […]

GEORGIA (VINnews) — Two shoppers confused a Walmart cashier, thus managing to walk out with thousands of dollars in merchandise without paying. The man and woman loaded a cart with a bunch of expensive items in Grovetown, according to the Columbia County Sheriff’s Office. When they got to the register, they made several credit card […]