Dow Jones Today: Index Rebounds on Slowing Inflation

The Dow Jones recovered from yesterday’s selloff to gain 0.5% amid hopes that slowing inflation would end Fed rate hikes After stumbling on Thursday to break its 13-session streak, the Dow Jones Industrial Average finished the week positive, gaining 0.5%, or 176 points, as investors reacted positively to data that showed inflation continued to slow.   Most of the […]

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Apple Faces a $1 Billion UK Lawsuit Over App Store Fees

Tech giant Apple (AAPL) faces a £785 million (approximately $1 billion) class action lawsuit brought by more than 1,500 app developers in the U.K. for the fees it charges on its iOS App Store. The suit accuses Apple of abusing its dominant position by charging app makers 15% to 30% for the sales made through its iOS […]

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