This year, five people have achieved the status of centibillionaires, i.e., people worth more than $100 billion. Among them is Tesla founder Elon Musk.
With a closely divided Congress, which could include Republicans holding the Senate, President-elect Joe Biden's economic agenda may depend a lot on what his incoming administration can do on its own.
Water is a precious resources in California — a state plagued by wildfires and drought. Water there is now a commodity and can now be traded like oil and gas.
A new study did experiments on millions of Lyft riders to figure out how much they value time. Researchers found time is worth more money than previously thought.
Holiday tourism is off sharply in New York. Businesses are looking for other ways to break even this holiday season because they usually count on a big bump in tourist revenue this time of year.
Congress hit pause on federal student loan payments in the CARES Act. The latest extension of this relief will last until after President-elect Joe Biden takes office.
Job growth in the U.S. slowed down sharply in November. The weaker-than-expected job gains could give fresh urgency to congressional negotiations over a new pandemic relief bill.