Key Fed inflation measure shows 2.4% rate in November, lower than expected
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly. ...
Economy
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers…
Government shutdown: House passes stopgap funding bill, sends it to Senate for vote
The House passed a bipartisan funding bill just hours before the midnight deadline. The Senate will take it up next.…
Darden Restaurants stock climbs as Olive Garden, LongHorn Steakhouse fuel sales growth
Darden Restaurants met Wall Street's expectations for its fiscal second-quarter results. ...
Luigi Mangione agrees to extradition to New York in UnitedHealthcare CEO murder case
Luigi Mangione is charged with first-degree murder and other counts in the fatal shooting of UnitedHealthcare CEO Brian Thompson in…
FDA says Eli Lilly’s weight loss drug Zepbound is no longer in shortage
The decision that will eventually bar compounding pharmacies from making unbranded versions of the injection. ...
House Republicans race to find a Trump-backed path to avoid government shutdown
Donald Trump and Elon Musk sank a GOP-backed bill to fund the government, dealing a blow to House Speaker Mike…
November home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors ...
Luigi Mangione indicted on murder charges for shooting of UnitedHealthcare CEO Brian Thompson
Luigi Mangione is accused of shooting UnitedHealthcare CEO Brian Thompson. Shell casings and a bullet carried the words "deny," "delay"…