Amazon is testing a shopping site called Scout that recommends furniture and women’s shoes...

"This is a new way to shop, allowing customers to browse millions of items and quickly refine the selection based solely on visual attributes," an Amazon spokesperson said in an emailed statement. "Amazon uses imagery from across its robust selection to extract thousands of visual attributes for showing customers a variety of items so they…

Gas prices nearing highest levels in four years, adding to calls to repeal gas...

LOS ANGELES – Gas prices are creeping up nationally, now pennies a gallon away from their highest level since 2014, just in time for the November midterm elections when California will vote on rolling back its gas tax. Average prices topped $2.90 a gallon for unleaded Wednesday for the first time since June, having risen…

North Korea leaves missiles out of military parade, hinting at denuclearization

With no long-range missiles on display, North Korea staged a military parade on Sunday focused on conventional arms, peace and economic development as it marked the 70th anniversary of the country's founding. The reduced display compared to past years earned a thank you note from U.S. President Donald Trump, who hailed it as a "big…

Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. The deal is expected to be completed within 30 days, according to a press release by Meredith. "The Benioffs are purchasing TIME personally and the transaction…

Treasury Secretary Mnuchin describes Wall Street’s 2-day plunge as a ‘natural correction;’ economic fundamentals...

Treasury Secretary Steven Mnuchin told CNBC on Friday the stock market plunge this week was a "natural correction." "Markets tend to go too far in both directions," he said, adding the U.S. economic story is "incredibly positive" and inflation is under control. "The fundamentals are still very strong," Mnuchin said. "The U.S. economy is strong.…

Powerball, Mega Millions jackpots now total $723 million. How to make a spending plan...

Whether you choose to take your winnings as a lump sum or as an annuity spread over 30 years, the IRS will shave off 24 percent of your winnings before it even gets to you. For the $470 million Mega Millions jackpot, the immediate cash option is $265 million. For the $253 million Powerball jackpot,…

Japan has become the ‘obvious target’ for Trump’s next trade salvo

The threat of auto tariffs is back on the agenda, and Japan could be President Donald Trump's new "number one target." In a recent conversation with the Wall Street Journal, Trump described his good relations with the Japanese leadership but then added: "Of course that will end as soon as I tell them how much…

Bank of America earnings’ jump, topping Wall Street estimates, as consumer credit improves

Bank of America on Monday beat analysts' estimate for third-quarter profit and revenue as the nation's second-largest bank set aside less than expected for loan losses. The bank posted earnings per share of 66 cents, a 43 percent increase from a year earlier, exceeding the 62 cent estimate of analysts surveyed by Refinitiv. Revenue rose…

Nobel Prize winner Shiller sees ‘bad times in the stock market’ ahead

"My own way of thinking is it looks like an overreaction," Shiller said Friday at a conference in New York presented by the Wharton School. "We're launching a trade war. Aren't people thinking about that? Is that a good thing? I don't know, but I'm thinking it's likely to be bad times in the stock…

Aston Martin skids as much as 6.5 percent in its market debut in London

Shares in luxury automaker Aston Martin fell as much as 6.5 percent in its market debut in London on Wednesday after investors and analysts raised concerns that it may find it hard to deliver on an ambitious roll-out of new models. The company, which last year made its first profit since 2010 and has gone…

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