Business

A faith-based investment firm partnered with S&P Dow Jones Indices to create a new index and exchange traded fund (ETF) that will cater to evangelical Christian investors.Bountiful Financial and S&P Dow Jones collaborated to create the S&P 500 Christian Values Screened Index, which the firms announced as the first in a suite of indices tailored for evangelical Christian investors."We are proud to empower Christian investors around the world to live with […]

Radio host Howard Stern announced on Monday that he's staying with SiriusXM after an on-air gag left fans wondering about what's next for the shock jock at the satellite radio company.Stern is ranked as one of the highest-paid entertainers, with Forbes deeming him the world's highest-paid radio personality, and it's in large part because of the significant contract with SiriusXM that is set to expire in December.The Radio Hall of […]

Home prices are rising, which is boosting American homeowners' net worth – though those gains may be eroded by stubbornly high inflation.Data from Realtor.com showed that median home listing prices were up 0.5% in July from a year ago, though the outlet noted in a report that inflation has outpaced those gains and is up 2.7% year over year.That dynamic is known as home equity erosion and occurs when the […]

South Korea’s foreign minister departed for the U.S. on Monday following the mass immigration raid by U.S. government officials on the Hyundai-LG battery factory in Georgia last week when some 300 South Koreans were detained. While speaking with reporters ahead of his trip to the U.S., South Korean Foreign Minister Cho Hyun called it "a grave situation" and said he was in communication with Washington after U.S. immigration authorities on Friday arrested 475 […]

A Florida sales tax holiday that typically applies to hunting, fishing and camping equipment has been expanded this year, covering firearms and ammunition for the first time.Starting Monday, those purchasing firearms and ammunition in Florida will be exempt from sales tax through the end of the year. It is the first time the items have been included in the sales tax holiday that applies to hunting, fishing and camping supplies, […]

People living in a Midwest city known for its natural beauty and outdoor recreation are sounding the alarm on a proposed data center with a price tag of $1.6 billion.More than 300 acres of farmland in Menomonie, Wisconsin, has already been annexed and rezoned by the city council, but some members say they need more information from developers about the project.The data center proposal was brought to the city by […]

National Economic Council Director Kevin Hassett said on Sunday that the Federal Reserve's monetary policy decisions shouldn't be subject to political influence amid the Trump administration's calls for the central bank to cut interest rates.Hassett appeared on CBS News' "Face the Nation," where host Margaret Brennan cited a CBS poll that found 70% of Americans want the Fed to make decisions independently of President Donald Trump, though 59% of Republicans want the […]

Few people think about the Federal Reserve when choosing their lucky Powerball numbers. Yet, Saturday’s drawing, the third-largest jackpot in U.S. history, is fueled in part by the Fed’s high interest rates. When officials at the Fed and President Donald Trump debate rates, they are most likely not concerned about lottery jackpots. But the unusual stretch of higher rates shows how the same decision can cut both ways—costing some Americans money while […]

Chrysler parent company Stellantis is recalling more than 91,000 Jeep Grand Cherokee hybrids in the U.S. due to a software malfunction that may result in a loss of drive power, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.Some Jeep Grand Cherokee Plug-In Hybrid Electric Vehicles, model years 2022 through 2026, may have an overloading of the battery pack control module microprocessor, causing it to reset. When this happens, […]