The forgiveness is a result of the university lying to students about its relationships with Fortune 500 companies as a recruiting method, according to the FTC.

The FTC amended a lawsuit with new material revealing executives and employees were aware the company was tricking customers into enrolling in Amazon Prime.

Instacart's <a href="https://www.reuters.com/markets/companies/CART.O" target="_blank">(CART.O)</a> stock closed nearly 11% lower on Wednesday, as the grocery delivery app joined other new stock market entrants in failing to keep up with strong gains on debut.

Even though the Federal Reserve didn’t hike its benchmark interest rate on Wednesday, it didn’t lower it either.

Wednesday evening, FedEx reported adjusted earnings per share of $4.55 from sales of $21.7 billion. Wall Street is looking for earnings per share of $3.71 from sales of $21.7 billion.

The Fed is still after an elusive soft landing, which remains a "plausible outcome," but not the baseline expectation, according to Fed Chair Powell.

J.D. Power ranked the airports in Detroit, Tampa and Indianapolis as the best airports for overall passenger satisfaction in 2023.

Stock Market Today: Dow falls as Fed's hawkish pause puts big dent in big tech

The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit school misled students about job prospects.

Morgan Stanley analysts downgraded the automation equipment company to Underweight from Equal Weight in a Wednesday report.

Analyst Matthew Boss downgraded shares of Dollar General to Underweight from Neutral.

Sunak’s critics, including members of his own party, said he was delaying inevitable sacrifices, while missing a critical window to contain carbon emissions.

China's property crisis could spill over to other Asian countries and hold back regional growth, according to the Asian Development Bank. It says Asia faces ...

The DOD announced the award of nearly $240 million dollars to eight regional innovation hubs that will spur the development of the domestic microelectronics manufacturing industry.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with ...

The company has been under pressure for months to consider splitting its business in two.

Things might be better than they were a week ago, but it appears to still be a case of hit-or-miss mayhem at MGM Resorts following a “cybersecurity issue” the company acknowledged earlier this month.

Perfios acquires Fego.ai, an open finance platform, in an ‘acqui-hire’ deal. Fego's team will join Perfios.

A Department of Justice investigation into the personal benefits Elon Musk has received from Tesla as CEO goes back further than earlier known, according to The Wall Street Journal.

Bitcoin digests the Fed's rate hike pause at the FOMC meeting, with BTC price preserving $27,000.

The US Food and Drug Administration on Tuesday did not approve a needle-free epinephrine for treatment of severe allergic reactions, a move that drugmaker ARS Pharmaceuticals called surprising. Instead, the agency requested more information about the nasal sp…

High oil prices could force central banks to raise interest rates

As EVs gain popularity in Europe, the United Kingdom is giving internal combustion power a bit more time. Apparently, Ford doesn't want that.