finance

More than a dozen states are cutting off federal unemployment benefits for workers, affecting roughly 2 million people. Here’s what is happening and why.

The major averages still posted modest losses for the week as inflation fears hit sentiment.

Dogecoin’s price soared as high as 56 cents early Friday, according to Coin Metrics data.

Sherry Ann Mohan is joining JPMorgan as chief financial officer for business banking in August, according to an internal memo.

Almost 2 million people will see a loss or reduction in jobless benefits due to state withdrawal from federal unemployment programs.

In its report on first-quarter monetary policy, the Chinese central bank focused on how the foundation for the domestic economic recovery is not solid.

On Thursday, PayPal announced it would acquire Happy Returns for an undisclosed amount.

Colonial Pipeline has restarted operations, but gas prices are rising as the fallout from the ransomware attack mounts.

Check out the companies making headlines in midday trading.

Formerly known as Libra, Facebook’s vision for a digital currency was met with a severe backlash from regulators when it was first announced in June 2019.

Index giant MSCI announced that after the close on May 27, its global indexes will track Alibaba’s shares listed in Hong Kong, rather than New York.

Industries in which U.S. companies operate at a disadvantage in China include health care and cloud computing, said the American Chamber of Commerce in China.

The Colonial Pipeline has restarted operations, after the system shut down on Friday in the wake of a ransomware attack.

These stocks posted the largest moves after the bell on Wednesday, May 12.

The selling intensified after the S&P 500 fell below Tuesday’s low, a level traders were watching closely because of the intraday rebound one day ago.

Fuel stations are running dry across the Southeast as panicked consumers rush to the pump to fill up their tanks.

Colonial Pipeline is expected to make a full restart decision by the end of Wednesday.

Around a dozen Republican-led states are exiting federal unemployment programs a few months early. There may be a workaround for some recipients.

Ackman revealed his hedge fund sold Starbucks and picked up Domino’s shares following a pullback.

In the coming weeks, investors will be able to buy crypto with cash or withdraw it from thousands of MoneyGram’s brick-and-mortar locations in the U.S.