Articles

Uber fined $324 million by Dutch regulator over transfer of driver data to U.S.

The Dutch privacy regulator on Monday said it fined Uber Technologies 290 million euros ($324 million) for allegedly sending data on drivers to the U.S. without providing appropriate safeguards.

Swiss company says it’s no longer viable to build Colorado solar cell production site

A Swiss company intending to build a solar cell manufacturing facility in Colorado Springs, Colo., said on Monday the project is not financially viable and has been put on hold.

Net profit up but revenue down for China’s Sinopec as diesel demand falls

China Petroleum & Chemical Corp. reported a rise in its first-half net profit but lower revenue due to a decline in demand for diesel.

Labor Day is ‘good timing’ for car shoppers looking for a $400 monthly payment

Holiday deals on financing can bring down payments on several popular car models to levels that more families can afford.

U.S. recession fears exaggerated, economists at Jackson Hole say

The U.S. economy is not expected to fall into recession, experts attending the Federal Reserve’s summer retreat at the base of the Grand Teton Mountains say.

Powell says time has come for rate cuts. Here’s the opportunity for investors.

Investors consider which parts of markets still have room to run as the Fed moves closer to its first rate cut in four year

Unemployment is the Fed’s biggest enemy now, Powell says. Not inflation.

The chief of the Federal Reserve has vowed to do whatever it takes to stop the unemployment rate from rising and threatening a U.S. recession.

Earnings Watch: More retailers, CrowdStrike, Nvidia — and the ‘most important tech earnings in years?’

Some Wall Street analysts say that Target Corp.’s stronger quarterly results last week were a sign that shoppers were turning to mass retailers for their discretionary spending — that is, things like clothing and home decor. If that’s the case, where does that leave the Nordstroms, Gaps and Abercrombies of the world?

NASA astronauts to return to earth with Elon Musk’s SpaceX, Boeing Starliner to come back empty

NASA astronauts Butch Wilmore Suni Williams will return to earth with SpaceX after the Starliner spacecraft that took them to the International Space Station was beset with problems, the space agency announced Saturday.

I accidentally overfunded my IRA last year — how much trouble am I in?

Act fast and the damage should be minimal

‘I’m conflicted about the resentment this could cause’: I have one son who’s a hard worker with kids — the other is a struggling actor. Should I leave the ‘family man’ more money?

“The money could be going to my grandkids.”

We bought a vacation home for $1 million in 2000 and it’s doubled in value. How can we avoid capital-gains tax? 

“We are researching ways to defer some portion of the capital gains tax.”
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