If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served.”What is it they’re looking for?” Claudia Sahm, chief economist at New Century Advisors, said on CNBC just after the Fed concluded its meeting…

Airlines would no longer be allowed to charge parents extra fees for their kids to be seated next to them under a new rule proposed by the Biden administration. White House officials say their “fee-free family seating” proposal could potentially save parents up to $200 per round trip flight. “Families…

By Min Joo Kang Trade surplus narrowed in July due to a rebound in imports Export growth accelerated to 13.9% YoY in July (vs 5.1% in June, 18.4% market consensus) mainly due to favourable calendar effects. Adjusting for working days, average daily exports moderated to 7.1% in July from 12.4%…

Stay informed with free updatesSimply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox.Nissan and Honda will aim to roll out a new electric vehicle before the end of the decade as the two Japanese carmakers outlined a sweeping alliance to compete against Tesla and…

UAW President: More energy now among members for Harris than there was for Biden Union Chief Shawn Fain joins Abby to discuss his breaking endorsement of Kamala Harris and gives his two top VP picks for the ticket: Kentucky Governor Andy Beshear and Minnesota Governor Tim Walz. Read the full…

One of the most commonly quoted pieces of investment advice (or cliché) is you want to buy low and sell high. It’s as simplistic, as it’s unhelpful. Despite the obviousness of the advice, there’s only one proven way to do this consistently: through a tactic called rebalancing. It’s an important…

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Paycheck advance products, often referred to as “earned wage” products, give consumers access to their paycheck early when they’re in a pinch. Offered through employers or as direct-to-consumer loans, these products can be free but many come with costly fees. To combat misunderstandings around these loans, the Consumer Financial Protection…

Check out the companies making headlines before the bell. DuPont — Shares popped 5% on the back of better-than-expected results in the second quarter. The chemical maker earned 97 cents per share, excluding certain items, on revenue of $3.17 billion. Analysts expected a profit of 85 cents per share on…

Boeing named a new CEO after it reported a core operating loss of $1.4 billion in the second quarter – more than triple the loss from a year ago – as increased scrutiny of the safety and quality of its planes kept the troubled company from making enough aircraft to…