Xpeng reveals its G6 SUV at a major auto show in Shanghai on April 18, 2023. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases late Wednesday. Xpeng …

The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current sky-high borrowing costs. Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range …

Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market, are coming down. And the economy is growing like gangbusters, with the most recent GDP reading outperforming expectations, a fact …

Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity, the medical website that’s used by more than 80% of U.S. doctors, is now trying to protect its millions of members after a spike in harassment that started during the Covid pandemic. The 13-year-old …

Andresr | E+ | Getty Images The IRS has announced new 2024 investor contribution limits for 401(k) plans, individual retirement accounts and other retirement accounts. The employee contribution limit for 401(k) plans is increasing to $23,000 in 2024, up from $22,500 in 2023, and catch-up contributions for savers age 50 …

FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. Michael M. Santiago | Getty Images Prosecutors in Sam Bankman-Fried’s criminal fraud trial kicked off their closing argument on Wednesday, reminding the 12 jurors why they’ve spent the past four …

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the Fed’s rate-setting group unanimously agreed to hold the key federal funds rate …

The facade of seasonal Halloween decor store Spirit Halloween at a shopping center in Dublin, California, on Aug. 23, 2018. Smith Collection | Archive Photos | Getty Images Halloween is over, and your local Spirit Halloween is about to become a ghost town. It’s open Wednesday for clearance sales. On …

The Treasury Department announced plans Wednesday to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising. In a development getting close attention on Wall Street, the department detailed its refunding plans for future debt sales. The announcement comes with …

The Splunk logo is displayed on a phone screen on top of a laptop keyboard in this photo taken in Krakow, Poland, on Oct. 30, 2021. Jakub Porzycki | Nurphoto | Getty Images Cybersecurity firm Splunk, set to be Cisco’s largest-ever acquisition, announced Wednesday it would lay off approximately 7% …