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Browsing: Business

Business

Pirro says Federal Reserve ignored US Attorney outreach on Powell testimony, alleged cost overruns

U.S. Attorney for the District of Columbia Jeanine Pirro said on Monday the Federal Reserve repeatedly failed to respond to outreach from her office r...

Business

Prediction market traders bet against Trump's tariffs as Supreme Court ruling looms

Traders on prediction platforms Kalshi and Polymarket are betting that the nation’s highest court is unlikely to rule in favor of President Donald Tru...

Business

Trump's proposed credit card interest rate cap could curb access for millions of Americans: report

President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also i...

Business

Venezuela reopens oil wells and resumes crude exports following Trump administration policy changes

President Donald Trump’s Venezuela policy showed signs of taking effect this week as the country reopened oil wells closed under a U.S. embargo and re...

Business

Newsom says California wealth tax 'really damaging' as billionaires move money, businesses out of state

California Gov. Gavin Newsom acknowledged that the state’s proposed wealth tax is "bad economics."Newsom said he feels vindicated in opposing the prop...

Business

Federal judge hands Trump admin loss on offshore wind crackdown

A federal judge overturned an order by the Interior Department halting construction of a $6.2 billion offshore wind project. Danish offshore wind deve...

Business

NFL analytics venture, founded by ex-NFL exec, closes Series B investment round

After calling it a career within team facilities, former New York Jets general manager Mike Tannenbaum still wanted to be involved in the game.Tannenb...

Business

Inflation held steady in December, remaining well above the Fed's 2% target

Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's target rate as policymakers consider the case for in...

Business

Fanatics launches a new global studio for premium sports and cultural entertainment

Fanatics and OBB Media announced Tuesday a joint venture poised to be the premier global studio for sports entertainment.Fanatics Studios is a new ent...

Business

Wall Street reveals Trump executive order has significantly reduced federal regulatory pressure

America’s biggest banks are feeling regulatory relief after President Donald Trump’s executive order to rein in de-banking has had months of impact on...

Business

Hegseth announces push to make US leader in AI, drones and space technology

Pentagon chief Pete Hegseth announced on Monday a plan aimed at making the U.S. a global leader in artificial intelligence, drones and space technolog...

Business

Apple strikes major deal with Google to power Siri with Gemini AI

Apple and Google announced Monday that the two tech giants have forged a major multi-year partnership that will power Siri with Google Gemini later th...