PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and FDIC-insured savings accounts.
Kraft Heinz named former Kellanova CEO Steve Cahillane as its new chief executive starting January 2026, as the food giant prepares to split into two separate publicly traded companies.
Treasury Secretary Scott Bessent predicts inflation relief and tax refunds for Americans in 2026, forecasting a "bountiful" economic year ahead for Main Street and Wall Street.
Treasury Secretary Scott Bessent reveals the Supreme Court tariff ruling and Fed chair selection are both expected in January, with Kevin Hassett and Kevin Warsh as top candidates.
President Donald Trump said he is considering an executive order to reclassify marijuana as Schedule III drug, citing research benefits and public demand for policy reform.
iRobot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.
Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth.