Business News

Stock market opens down amid novel coronavirus outbreak in China

narvikk/iStock(NEW YORK) — Wall Street is taking a hit as the number of novel coronavirus cases continues to rise in China.The stock market opened in the red on Monday, with the Dow Jones, Nasdaq and S&P all down more than 2.5%. The Dow alone was down more than 800 points after the bell rang.Last week,…read more »

Wells Fargo agrees to $3 billion settlement over fake accounts

wdstock/iStock(WASHINGTON) — The U.S. Department of Justice and Wells Fargo have agreed to a $3 billion settlement that includes the bank admitting to wrongdoing.A criminal investigation into the company’s actions found that from 2002 to 2016 Wells Fargo pressured employees to meet unrealistic sales goals, which led to millions of accounts being created without consent…read more »

Spring airfare lowest in four years: How to spot a deal

npstockphoto/iStock(NEW YORK) — What is considered a good deal when it comes to airfare during spring break?Depending on whether you’re shopping for a domestic or international flight, the answer is $246 or $601. How to spot a dealAccording to Hopper, the flight prediction app, $246 and $601 are the average prices per ticket for spring…read more »