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Browsing: Business

Business

Trump to Kudlow: ‘This country should have the lowest interest rates in the world’

President Donald Trump said the U.S. should have the "lowest interest rates in the world" and argued that rate cuts would significantly reduce federal...

Business

Jaguar Land Rover recalling 2,300 electric vehicles in US over fire risk

Jaguar Land Rover is recalling nearly 2,300 electric SUVs in the U.S. over concerns that a high-voltage battery may overheat, increasing the risk of f...

Business

Stanford psychiatrist testifies Meta's social media platforms is designed to be addictive in NM lawsuit

An expert witness in a case brought by New Mexico Attorney General Raúl Torrez against Meta, the parent company of Facebook and Instagram, testified t...

Business

Ring founder addresses FBI recovery of doorbell footage in Nancy Guthrie disappearance case

Ring founder Jamie Siminoff said Tuesday that Ring does not store deleted doorbell footage without a subscription, as questions continue over how law...

Business

JPMorgan Chase to offer $1K match for Trump Accounts belonging employees’ kids

JPMorgan Chase announced Wednesday it will match the government's $1,000 contribution to the proposed "Trump Accounts" for children of its U.S. employ...

Business

Home Depot cuts 800 jobs, orders corporate staff back to office full time

Home Depot announced Wednesday it was eliminating 800 jobs tied to its Atlanta store support center.The company also said it would require its corpora...

Business

Disney World, Universal Orlando close water parks as unusually cold weather hits Florida

Some Disney World and Universal Orlando parks are experiencing temporary closures this week as unusually cold temperatures sweep across Florida.Temper...

Business

Instacart slaps NYC shoppers with surprise ‘regulatory response fee’ after new city law kicks in

New Yorkers relying on the convenience of grocery delivery were blindsided this week when Instacart suddenly slapped a new fee on orders, a move the c...

Business

Tesla ends production of Model S and Model X vehicles, will focus on robots in 2026

Elon Musk confirmed Wednesday that Tesla is to stop producing its Model S and Model X premium sedans and SUVs, marking the end of an era for its longe...

Business

Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children

Steak ’n Shake announced Wednesday that it will contribute $1,000 to "Trump Accounts" for the children of its employees.The Indianapolis-based fast-fo...

Business

Powell says Americans forced to 'economize' as stubborn inflation squeezes household budgets

Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American consumers are still looking to "economiz...

Business

Starbucks removes cap on CEO's use of company's private jet, citing security concerns

Starbucks CEO Brian Niccol must now use the coffee giant's private aircraft for all travel to enhance his security, a company spokesperson confirmed t...