Nigerian billionaire Aliko Dangote, Africa’s richest person and the world’s 59th-richest, was one of only 12 billionaires among the 400 to increase their fortunes on the day, rising $180 million to $15.3 billion. The collective decline for the billionaires amounted to a fall of more than 1.5 percent. The combined loss is more than the market capitalization of Ford Motor Co. or Twenty-First Century Fox Inc. The S&P fell 2.1 percent
U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. The Standard & Poor’s/Case-Shiller 20-city home price index rose 4.9 percent in April from 12 …
Monday’s market action did not qualify as a chaotic, indiscriminate selling purge – for better or worse.
Fed officials keep talking about raising rates but the Greek debt drama is another mitigating factor likely to delay any move, possibly into 2016.
The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if they’re classified as a manager or professional, according to a plan outlined on the Department of Labor website Tuesday. The White House issued a fact sheet
Greece is engulfed in a crisis that could end with its exit from the euro zone, but analysts say this does little to change the U.S. rate outlook.
Let’s just come out and say it: Amy Schumer is one of the hottest acts in comedy today. So it’s no surprise that she was courted for—and seriously considered taking over—The…
Chris Christie is officially throwing his name into the GOP election pool. The New Jersey governor announced his presidential run Tuesday morning from Livingston High School, where he…
Watch out, Mexico: a turd is heading your way! E! News has confirmed that JJ Lane and Tanner Tolbert, who were recently booted from the current season of The Bachelorette, will be…
It’s time Disney fans! We know Disney can do no wrong and everyone has his or her favorite animated Disney film. So with all that love swirling around for those movies, we decided to throw…
