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Baseball star Shohei Ohtani was not involved in gambling and had no knowledge of payments being made from his accounts to pay an illegal bookie, federal prosecutors said Thursday, as they criminally charged his translator with stealing $16 million from the Los Angeles Dodgers slugger.

Demand for shoes and clothes has suffered as prices for more crucial things, like groceries, stay high.

Consumers are liking the value they get from hybrids, a Ford VP says.

For the first time in a decade, the national average credit score in the U.S. dropped in late 2023, according to data from Fair Isaac Corporation. But what exactly is a credit score and how do you know if you have a good one?

The 30-year mortgage rate is averaging at 6.88% Freddie Mac said in its latest weekly survey on Thursday.

Recent labor market and inflation data highlight the need for the U.S. central bank to be patient about monetary policy, and has reduced the “urgency” to cut interest rates, Boston Federal Reserve President Susan Collins said Thursday.

Shares of private-markets investment manager and data provider StepStone Group Inc. rose 5.4% on Thursday after the stock drew an upgrade to overweight from neutral at JPMorgan Chase on Thursday on growth expectations for the sector.

The EV company is asking shareholders to vote for a plan that would help it maintain listing requirements and potentially broaden its investor base.

Investors have found plenty of reason to sour on Apple shares lately, but BofA explores whether they’re underestimating margin potential.

Neel Kashkari is now the object of scorn on Reddit’s message board.

“I expect inflation to continue its gradual return to 2%, although there will likely be bumps along the way, as we’ve seen in some recent inflation readings,” Williams said Thursday.

New unemployment filings are extremely low