Finance

LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

LimeWire has acquired Fyre Festival, eight years after what is widely regarded as the most disastrous attempt ever at throwing a festival. Previously led by founder Billy McFarland and rapper Ja ...

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What role does the Fed play in consumer protection​?

What role does the Fed play in consumer protection​?

You often hear about the Federal Reserve when it comes to interest rates and monetary policy. After all, the central bank’s role in setting the federal funds rate has real effects on consumers and...

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Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

NEW YORK (AP) — Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as President Donald Trump’s tariffs are starting to ...

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The Federal Reserve Meeting Starts Today—What You Need to Know

The Federal Reserve Meeting Starts Today—What You Need to Know

Tom Williams / CQ-Roll Call / Getty Images Federal Reserve Chair Jerome Powell could face a tough press conference, analysts said. The Federal Reserve’s two-day policy-setting meet...

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Trump threat to shut TikTok swayed China talks

Trump threat to shut TikTok swayed China talks

Treasury Secretary Scott Bessent claimed Tuesday that President Donald Trump’s willingness to let TikTok go dark was crucial in doing a framework deal with China — after Beijing indicated that t...

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US retail sales beat expectations in August; weakening labor market dims outlook

US retail sales beat expectations in August; weakening labor market dims outlook

WASHINGTON (Reuters) -U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tariffs on imports. Retail sal...

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