Time names its Person of the Year. The magazine's assisting managing editor talks about giving "The Silence Breakers" the title. Facebook is named the best company to work for. The social network topping career site Glassdoor's annual employee choice awards. UPS is warning customers of some delivery delays after those record-breaking Cyber Monday orders. Wal-Mart Stores is changing its legal name to Walmart after nearly 50 years. Bitcoin hits an all-time high of $13,000. Bravo star Katie Maloney talks about the 6th season of "Vanderpump Rules" and her celeb makeup collaboration.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
Anyone in the U.S. who had an account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. The 2022 settlement resolves a lawsuit alleging that Facebook allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.