The Latest Breaking News on Business

In the Name of Tax Fairness, Politicians Propose Special Tax Penalties on Data Centers

State and federal policymakers are attempting to exclude data centers from run-of-the-mill tax exemptions.

Reason · Sep 18

The Federal Reserve increases interest rates after three years to combat inflation and leaves Trump fuming: ‘We are the Best Credit in the World’

A sober, serious, and responsible decision.

We Got This Covered · Sep 18

Gas Prices Are Up, And So Are EV Sales

New data shows that sales for new and used electric vehicles rose in August.

Motor1 · Sep 18

You Have 5 Credit Cards but Only Use 2: Should You Close the Others?

If you have five credit cards but regularly reach for only two, closing the other three may seem like obvious financial housekeeping. Fewer accounts can mean fewer statements, fewer passwords and less temptation to spend, but unused credit cards can still play an important role in your credit profile. Closing…

Everybody Loves Your Money · Sep 18

Amazon Prime Refunds Expand: More Consumers Will Get Automatic Payments, With Up to $200 Possible

More Amazon Prime customers could receive money from the company’s $2.5 billion Federal Trade Commission settlement under a newly approved process that expands automatic refunds and could eventually bring total payments to some eligible consumers to as much as $200.

The Free Financial Advisor · Sep 18

Which Debt Should Go First? The Highest Rate Isn’t Always the Whole Answer

Paying off debt sounds simple until several bills land on the same kitchen counter. A credit card carries a high APR, a smaller loan could disappear quickly, and another balance has a promotional rate that will change later.

The Free Financial Advisor · Sep 18

In 2011, Ashton Kutcher, Guy Oseary and Ron Burkle invested $2.5 million in Airbnb; 5 years later, their stake was worth about $90 million as the startup became a global giant

Actor Ashton Kutcher was an early investor in Airbnb, joining in 2011. He and partners invested $2.5 million, which grew significantly. This investment was part of Kutcher's broader technology venture portfolio. He cofounded A-Grade Investments and Sound Ventures, backing many tech companies.

The Economic Times · Sep 18

Can You Have Too Much Money Sitting in Savings?

Believe it or not, you can have too much money sitting in savings, although there is no universal dollar amount that crosses the line. Cash provides something investments cannot: quick access without worrying about a market drop at the exact moment a bill arrives.

The Free Financial Advisor · Sep 18

Amway and Affiliates Agree to $225 Million Settlement Over Earnings and Recruiting Claims

Amway Corp. and two affiliated groups have agreed to pay $225 million to resolve allegations that people recruited into the multilevel marketing business were misled about potential earnings and pressured to buy products and training that could cost more than they earned.

Clever Dude · Sep 18

FleetCor, Now Corpay, Agrees to Pay $100 Million Over Hidden Fuel Card Fees and Savings Claims

FleetCor Technologies, now known as Corpay, and its CEO Ronald Clarke have agreed to pay $100 million to resolve a Federal Trade Commission administrative action involving fuel cards marketed largely to small businesses.

The Free Financial Advisor · Sep 18