Economy

These families have been in business for 100 years—they say the American Dream isn't what it used to be

For the first time in generations, a wide array of U.S. entrepreneurs are struggling to do better than their parents, small-business owners and experts say.

How this century-old NYC family business achieved the American Dream—and how it survives today

Adam Brand is the fourth generation in his family to run M&S Schmalberg, a New York-based custom fabric flower shop founded by his great-great uncles Morris and Sam Schmalberg in 1916. Today, its flowers of all shapes, sizes and materials appear on Met Gala red carpets and in TV shows like HBO's "Sex and The City" and Netflix's "Bridgerton."

How to find the highest CD interest rate this June

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

SpaceX shares to more than double to above $400, research firm predicts

The stock move could make SpaceX the largest company in the world.

More than 12.5 million barrels of oil crossed Strait of Hormuz: Vance

Vice President JD Vance said more than 12.5 million barrels of oil have passed through the Strait of Hormuz overnight following the agreement reached with Iran, indicating that global oil markets are seeing relief from the supply disruptions that have driven up prices over the past few months.

Markets are set for a much more hawkish Warsh Fed than expected

Fed Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets.

Can debt collectors pursue surviving spouses for unpaid debt?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

Stocks making the biggest moves midday: Sandisk, Intel, Enphase Energy, Accenture, Exxon Mobil & more

Here are the companies making headlines in midday trading.

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions

Can bankruptcy protect your retirement accounts from creditors?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

How much interest can $50,000 earn now? Here are 4 account options to know.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens

The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.