×

Money & Markets

As housing prices surge, rent control is back on the ballot

SAN FRANCISCO — Liberty McCoy was out Saturday urging voters to pass a Nov. 8 ballot measure to limit rent increases in Pasadena because she’s afraid she’ll be priced out of the city where she grew up and where her aging parents live. The librarian and her husband, a freelance ...

Judge blocks Penguin Random House-Simon & Schuster merger

NEW YORK — A federal judge has blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the world’s biggest publishers could “lessen competition” for “top-selling books.” The ruling was a victory for ...

Musk now gets chance to defeat Twitter’s many fake accounts

Twitter’s unending fight against spam accounts is now a problem for new owner Elon Musk, who pledged in April to defeat the bot scourge or “die trying!” He later cited bots as a reason to back out of buying the social platform. Now that the billionaire has completed the deal, he’s ...

Auto prices finally begin to creep down from inflated highs

DETROIT — All summer long, Aleen Hudson kept looking for a new minivan or SUV for her growing passenger shuttle service. She had a good credit rating and enough cash for a down payment. Yet dealerships in the Detroit area didn’t have any suitable vehicles. Or they’d demand she pay ...

Musk lugs sink into Twitter HQ as $44B deal deadline looms

Elon Musk, the billionaire poised to acquire Twitter later this week, strolled into the company’s headquarters Wednesday carrying a porcelain sink and tweeting “Entering Twitter HQ - let that sink in!” Musk’s $44 billion deal to take Twitter private faces a Friday deadline, although ...

Stocks end higher on Wall Street as earnings roll in

Wall Street notched more gains Tuesday, as major stock indexes rallied for the third day and Treasury yields fell again. The S&P 500 rose 1.6 percent, with roughly 90 percent of stocks in the index notching gains. The benchmark index hadn’t been able to string together more than two ...