Business and Financial News Find 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.
Business
In the early 2000s, General Motors went all-in on the massive Hummers while abandoning its electric vehicle program. Tim Boyle/Getty Images hide caption
Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December. Alex Wong/Getty Images hide caption
Education Dept. Unveils Fix For Student Loan Program's 'Bureaucratic Nightmare'
Companies would no longer face the threat of prosecution for accidentally killing or injuring birds. Gerald Herbert/AP hide caption
Democratic senators are demanding that the Consumer Financial Protection Bureau, led by Kathleen Kraninger, do its job supervising the student loan system. Alex Wroblewski/Reuters hide caption
Roughly 40 million Americans are likely to see their credit scores drop by 20 points or more. An equal number should go up by as much. courtneyk/Getty Images hide caption
Consumer spending continues to be a main driver of economic growth, although consumers were a little more cautious in the final months of 2019. Bryan R. Smith/AFP via Getty Images hide caption