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Browsing: Business

Business

Markets now betting Fed will cut rates in September after disappointing jobs report

Markets are increasingly pricing in the chances of the Federal Reserve cutting interest rates at its next meeting in September following last week's w...

Business

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

President Donald Trump on Tuesday said Treasury Secretary Scott Bessent won't be in the running to become the next chair of the Federal Reserve. "He w...

Business

Grassley slams hold on 3 Trump Treasury nominees

Sen. Chuck Grassley, R-Iowa, is placing a hold on three of President Donald Trump's nominees for the Treasury Department in protest against incoming r...

Business

Why does the Labor Department revise jobs reports? Here are 3 reasons

President Donald Trump's move to fire the commissioner of the Bureau of Labor Statistics (BLS) after a weaker-than-expected July jobs report and large...

Business

ETF investors take ‘man of steel’ view, inflows on pace for record year

Despite the whiplash of President Donald Trump’s tariffs, trade uncertainty and day-to-day market swings, investors are pouring money into exchange-tr...

Business

Northeast suburb beats out entire country for hottest housing market in 2025

Those looking for "a compelling mix of lifestyle appeal, relative affordability, and strong ties to nearby economic hubs" are choosing a Boston suburb...

Business

China closes gap in AI model development

The U.S. is the global leader in artificial intelligence, but a new report shows China is rapidly expanding its development."China is moving incredibl...

Business

American Eagle stock jumps following Trump praise for Sydney Sweeney ad

President Donald Trump’s praise for actress Sydney Sweeney's new ad campaign on Sunday may have boosted American Eagle Outfitter’s (AEO) stock value. ...

Business

Social Security chief fires back at Warren over agency 'mismanagement' claims with performance data

The Trump administration's Social Security commissioner on Monday hit back at criticisms of "mismanagement" leveled by Sen. Elizabeth Warren, D-Mass.,...

Business

Tesla grants Musk massive pay deal to keep CEO on board amid legal battle

On Monday, Tesla granted CEO Elon Musk a new $29 billion pay deal aimed at keeping the billionaire entrepreneur at the helm as the company pivots from...

Business

Dave Portnoy says Gen Z Democrats supporting socialism 'make me want to puke'

Young progressives believe that politicians like Alexandria Ocasio-Cortez and Zohran Mamdani are the future of the Democratic Party, but Barstool Spor...

Business

Trump's F-47 next-gen fighter jet threatened by potential delays as Boeing workers go on strike

A major strike by Boeing’s defense unit employees threatens production of a number of U.S. fighter jets — including the new F-47 President Donald Trum...