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Browsing: Business

Business

Polestar banned from US market under rule targeting China-linked connected vehicles

Polestar said on Thursday that the Trump administration is forcing the electric vehicle maker to stop selling vehicles in the U.S. starting with the 2...

Business

Dell shareholders approve legal move from Delaware to Texas

Dell Technologies on Thursday announced that shareholders granted their approval to the company's plan to switch its state of incorporation from Delaw...

Business

Tech CEO predicts AI glasses will turn Americans into 'walking cameras' as next tech era arrives

The next era of mobile technology will turn everyday Americans into "walking cameras" as AI-powered smart glasses monitor everything they see and hear...

Business

Mamdani celebrates rent freeze for stabilized housing as board member quits, blasts vote process

The New York City Rent Guidelines Board (RGB) voted 7-1 on Thursday to freeze the rent for rent-stabilized apartments.A summary of the rent-stabilized...

Business

Apple raises iPad and MacBook prices as memory chip costs surge

Apple on Thursday announced that it raised prices on its iPad and MacBook devices because of rising memory and chip costs amid the rapid buildout of t...

Business

California voters to consider ballot measure to increase taxes on billionaires

California voters will decide in November whether to impose a one-time 5% tax on billionaires under a ballot measure supporters say could raise about...

Business

LARRY KUDLOW: The Mamdani-AOC antisemitic tail is now wagging the entire Democratic Party dog

Days after the Mamdani-DSA socialist or communist victories in New York City, there was all manner of punditry speculation about a populist revolt, th...

Business

Mortgage rates tick slightly higher amid Iran, inflation uncertainty

Mortgage rates ticked slightly higher this week, but were little changed, mortgage buyer Freddie Mac said on Thursday.Freddie Mac's latest Primary Mor...

Business

Why claiming Social Security early out of fear that the program will run dry is 'bad advice,' Suze Orman says

As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing to claim their benefits ea...

Business

JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon

The race to succeed America's top banker is on.Sources inside JPMorgan Chase, the nation's top bank, say the elevation of two senior executives Doug P...

Business

Fed's favored inflation gauge accelerated in May amid energy price shock

This story about the May PCE inflation report is developing and will be updated with further details.The Federal Reserve's preferred inflation gauge r...

Business

US economy grew at 2.1% in first quarter

This is a developing story about the final reading of U.S. first-quarter GDP. Please check back for updates.The U.S. economy grew at a faster pace tha...