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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 gains in a row since mid-September. The Dow Jones Industrial Average rose 1.1 percent and the Nasdaq closed 2.3 percent higher. Smaller company stocks outpaced the broader market, lifting the Russell 2000 index 2.7 percent higher. The latest gains came as bond yields fell significantly, reflecting ...

COP27’s Coke sponsorship leaves bad taste with green groups

LONDON — This year’s United Nations climate summit is brought to you by Coke. Soft drink giant Coca-Cola Co.’s sponsorship of the flagship U.N. climate conference, known as COP27, sparked an online backlash and highlighted broader concerns about corporate lobbying and influence. The ...

Trump company set for criminal trial in off-books pay scheme

NEW YORK — More than three years after Manhattan prosecutors started investigating Donald Trump — after going to the Supreme Court twice to gain access to his tax records — the only criminal trial to arise from their efforts is about to begin. No, the former president isn’t going on ...

IRS raises contribution limits for retirement savings plans

Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will be $22,500. That’s up from $20,500 this ...

Average long-term US mortgage rates rise this week to 6.94%

WASHINGTON — Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate ticked up this week to 6.94 percent ...

Gates Foundation donates $1B to prioritize math education

The Bill & Melinda Gates Foundation announced Wednesday that it is making grants of more than a $1 billion as part of a sweeping national plan to improve math education over the next four years. Its goal: to help students succeed in school and land well-paying jobs when they graduate, given ...