Business and Financial NewsFind the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
Children and teachers from the KU Kids Deanwood Child Care Center complete a mural in celebration of the launch of the child tax credit on July 14 in Washington, D.C. Tens of millions of parents have received their first monthly child tax credit payment, but it might make sense to opt out of the rest of the payments and wait until next year to claim the credit in full.
Jemal Countess/Getty Images for Community Change
Some families already got a head start on shopping for the school year when Amazon, Walmart, Target and others held huge summer sales. Now, parents are getting a new financial boost from the government: an increased child tax credit of up to $3,000 for school-age children.
A pack of Marlboro cigarettes at a store in Miami. Philip Morris International's CEO Jacek Olczak said the company will stop selling Marlboro cigarettes in the U.K. in the next 10 years.
Joe Raedle/Getty Images
Jeff Bezos, founder of Amazon and space tourism company Blue Origin, jogs onto his rocket landing pad ahead of his trip to the edge of space on Tuesday. When top executives like Bezos have dangerous hobbies, there's often little company boards can do.
Tanks of liquid nitrogen are seen at the Foundation Food Group poultry processing plant in Gainesville, Ga. Six workers died after a freezer malfunctioned in January 2021.
Elijah Nouvelage/AFP via Getty Images
The Chevrolet Bolt is on display at the North American International Auto Show in Detroit on Jan. 9, 2017. General Motors is recalling some older Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze.
FirstEnergy Corp., which has operated the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, for years, was at the center of a bribery scheme that included Ohio lobbyists and political officials.
Safiya Kitwana of Lithonia, Ga., is a single mom with two teenage kids who lost her job in the pandemic. A federal program would pay all her back rent so she could keep her home. But DeKalb County, Ga., will only pay 60% of people's back rent, and Kitwana is now on the verge of eviction.
Lynsey Weatherspoon for NPR
Author Sarah Ramey's first book was expected to be among 2020's bestsellers. But it was released the same week as the lockdown and got lost amid news of a global catastrophe.
Washington Post politics reporter Felicia Sonmez is suing the paper and several of its current and former editors for allegedly discriminating against her as a victim of sexual assault.
Pablo Martinez Monsivais/AP
Sen. Amy Klobuchar (D-MN) is co-sponsoring a bill that seeks to hold social media platforms responsible for the proliferation of health misinformation during a public health emergency.
Elijah Nouvelage/Getty Images