Business News [UP]

For the first time in 11 years, the European Central Bank raised interest rates to battle rampant inflation, moving up by a higher-than-expected 0.5 percentage point....Read More

China’s second-most populous city, Shanghai, will be introducing a three-year plan to facilitate the growth of the tourism industry by promoting the metaverse....Read More

The Dow Jones Industrial Average gained 47 points Wednesday as markets climbed for the second consecutive day....Read More

Macy’s announced it will add three new Market by Macy’s stores and its first dual Market by Macy’s and Macy’s Backstage off-price location this fall as the department store chain moves away from large malls....Read More

The U.S. demand for mortgages tumbled for a third straight week, hitting a 22-year low in what experts say is a clear signal that inflation and interest rates might now be sidelining many potential homebuyers....Read More

The Dow Jones Industrial Average gained 754 points as markets rallied Tuesday behind optimism surrounding corporate earnings....Read More

Alarms have been raised by the Federal Bureau of Investigation over the growth of fake cryptocurrency wallets that continue to defraud unsuspecting investors....Read More

Non-fungible token trading volumes fell sharply in June, according to data from the Block Research....Read More

Uber has agreed to pay millions of dollars to more than 65,000 riders with disabilities who were charged fees for the extra time it took to enter ride share cars, according to a Justice Department settlement....Read More

The Dow Jones Industrial Average fell 215 points Monday as markets faltered late in the day after a report that Apple would slow hiring and cut spending....Read More