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Browsing: Business

Business

Major health insurers scaling back Medicare Advantage offerings in 2026

Leading health insurers announced Wednesday that they will scale back their Medicare Advantage offerings next year as the health insurance industry br...

Business

Government shutdown begins but analysts say markets historically weather disruptions well

A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty ov...

Business

If you’re 50 and older, you might be about to lose a big tax break

Wake up, high-income earning Americans: a tax shift the size of a wrecking ball is barreling toward your retirement account. Starting in 2026, people...

Business

Nearly 1 in 5 American homes slash prices as buyers gain upper hand in shifting market

Nearly one in five American homes listed for sale reportedly saw a price cut in September, as rising inventory shifted more power to buyers.The number...

Business

Tom Brady partners with robotic massage company, touts AI tech: 'I want this to be in every locker room'

During his storied NFL career, Tom Brady won more Super Bowls than any other player in history. Since stepping away from the football field, Brady has...

Business

Elon Musk makes history as first person ever to hit $500B net worth milestone: report

Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion.The Tesla and SpaceX CEO’s fortune crossed the h...

Business

SAG-AFTRA condemns AI 'synthetic performers' after artificial actress goes viral

The Screen Actors Guild–American Federation of Television and Radio Artists (SAG-AFTRA) condemned the creation of actress "Tilly Norwood" through arti...

Business

Amazon unveils 'price-conscious' grocery brand featuring more than 1,000 items nationwide

Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into on...

Business

NYC mayoral candidate sparks 'Mamdani effect' as Manhattan residents reportedly flee to suburbs

New York City’s suburban housing markets are reportedly seeing a surge in demand as the mayoral race heads toward the Nov. 4 election, with Democratic...

Business

Shutdown halts $18B in federal funds for two of NYC’s biggest transit projects

The Department of Transportation (DOT) is halting funding for two of New York City’s biggest infrastructure projects — the Hudson Tunnel and the Secon...

Business

Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years

Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in...

Business

Johnson says Schumer handed Trump 'keys to the kingdom' with government shutdown decision

House Speaker Mike Johnson, R-La., said Senate Minority Leader Chuck Schumer, D-N.Y., created a problematic government shutdown for the American peopl...