America's wealth slips

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Falling stock prices eroded Americans' net worth in the third quarter.
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Net worth of households falls further in the third quarter as stock prices plunged over the summer
A customer pushes a shopping cart at a Target store on Black Friday in Chicago, Illinois, US, on Friday, Nov. 25, 2022.
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Consumers are feeling slightly better about the direction of the economy
A customer talks to sales assistants in an Apple store as the new iPhone 14 models go on sale in Beijing, China, September 16, 2022.
Thomas Peter/Reuters
Apple made China the backbone of its iPhone assembly. Shifting away could take years
An employee operates a forklift inside the Home Depot flatbed distribution center in Stonecrest, Georgia, U.S., on Tuesday, Nov. 30, 2021.
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Key inflation measure shows price pressures cooled off in November, but remain high
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Elon Musk says Twitter is rolling out a new feature that will flag 'shadowbanning.' It's complicated
Ultium Cell assembly and production begins at the Ultium Cells LLC facility Thursday, August 11, 2022 in Warren, Ohio.
Roger Mastroianni for Ultium Cells LLC
UAW wins key vote to represent Ohio electric car battery factory
A model of a C919 airliner by Commercial Aircraft Corp of China (COMAC) is displayed at China Beijing International High-tech Expo in Beijing, China June 8, 2017.
Jason Lee/Reuters
China Eastern takes delivery of the world's first made-in-China C919 jet
People shop in a Nike store on Black Friday, Nov. 25, 2022, in New York.
Julia Nikhinson/AP
Shoppers are dipping into savings and going into debt. That could cause a holiday hangover
NEW YORK, NEW YORK - JUNE 23: Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE - Children With Special Needs - hosted by Michael Cayre, Roy Nachum and MegaMoon Museum at Casa Cipriani on June 23, 2022 in New York City. (Photo by Craig Barritt/Getty Images for CARE For Special Children )
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FTX founder Sam Bankman-Fried says he’ll testify before Congress
Big Oil stocks are pointing to higher gas prices to come
The busiest port in America is no longer on the West Coast
Bankruptcy worries swirl around used car retailer Carvana
The UK just had a major market scare. Now it wants to relax financial rules
FTC sues over Microsoft's $69 billion acquisition of Activision Blizzard, challenging one of the largest tech mergers in history
Keystone Pipeline shuts down after oil leak, halting flow of 600,000 barrels a day
Jim Beam offers novel fix for holiday blues: hug-simulating pajamas
Yellen sees her signature printed on US bills for the first time
Former employees suing Twitter speak out on Elon Musk's 'clumsy and inhumane' layoffs
Congress is debating new retirement rules. These 7 changes are on the table
Disney+ just overhauled its subscription options. Everything you need to know
Apple AirTags make finding your things easy. Do they pose a security threat?

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In Case You Missed It

China

President of the People's Republic of China Xi Jinping (C) is welcomed by Emir of Riyadh Faisal bin Bende bin Abdulaziz (L) and Saudi Arabian Foreign Minister Faisal bin Farhan (R) at King Khalid International Airport in Riyadh, Saudi Arabia on December 7, 2022.
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When China and Saudi Arabia meet, nothing matters more than oil
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Fast food

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McDonald's franchisee violated child labor laws, investigation finds
Chick-fil-A is selling merchandise for the first time ever
Exclusive: Wendy's is selling its first-ever holiday Frosty
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Success

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Congress is debating new retirement rules. These 7 changes are on the table
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To make money, avoid these common mistakes
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Railroad workers aren't the only Americans without paid sick days
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A record $100 billion was paid out in life insurance benefits last year

Tech

Thomas Peter/Reuters
Apple made China the backbone of its iPhone assembly. Shifting away could take years
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Elon Musk says Twitter is rolling out a new feature that will flag 'shadowbanning.' It's complicated
Krisztian Bocsi/Bloomberg/Getty Images
FTC sues to block Microsoft's $69 billion acquisition of Activision Blizzard
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Former employees suing Twitter speak out on Elon Musk's 'clumsy and inhumane' layoffs

Media

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New York Times journalists stage historic 24-hour strike after management and union fail to reach deal
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News outlets are embracing TikTok in an effort to reach younger audiences, survey shows
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Disney+ just got more expensive ... unless you want ads
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The New York Times is bracing for a historic mass walkout as union negotiations go down to the wire
Why lab-grown diamond sales are surging
The Chevrolet Corvette is officially going electric
This social app prohibits edited photos to encourage users to be more authentic. It's growing fast
BMW reveals its new $120,000 electric flagship
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In less than a week, Sam Bankman-Fried's $16 billion fortune evaporated
Crypto is in chaos as FTX files for bankruptcy
Amazon workers in California withdraw petition for union vote after defeat in New York
America's dependence on credit cards is growing. The Fed's rate hike will make it more painful

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