America’s most expensive ZIP code has officially returned to California, as the artificial intelligence stock surge…
Tag: Economy
Trump considering renewing push to fire Lisa Cook from Federal Reserve Board
President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over…
US economy unexpectedly shed jobs in July
The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty…
Zuckerberg predicts more jobs and entrepreneurship if superintelligence is widely distributed
Meta CEO Mark Zuckerberg wrote in a new op-ed published on Tuesday that the rise of…
Dasha Burns presses Mike Johnson on the economy, Iran and Trump’s agenda
Dasha Burns presses Mike Johnson on the economy, Iran and Trump’s agenda lead image
Leading economist warns of rise of ‘Gen Z affordability socialism’
Artificial intelligence is fundamentally transforming the global economy at breakneck speed, but Diogo Costa argues that…
China’s economic growth slows to weakest pace in over three years
Economic reports on Wednesday found that Chinese growth has sunk to the slowest pace in over…
Surprise rival knocks Costco’s famous rotisserie chicken off its perch as best bird
Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer…
Tesla deliveries beat forecasts as Europe’s rebound brightens outlook
Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe…
What are the investment options for Trump Accounts?
The Treasury Department on Wednesday announced the lineup of investment funds that will be available in…
Microsoft eyes another wave of layoffs that could hit 5,000 workers next week
Microsoft is expected to lay off up to 2.5% of its workforce as early as next…
Goldman Sachs to contribute $1,000 to Trump Accounts for eligible children of employees
Goldman Sachs on Thursday announced that it will make a matching contribution to Trump Accounts for…
US economy added jobs at a slower pace than expected in June
The U.S. economy added jobs at a steady pace in June despite headwinds caused by elevated…
Bessent lays out 5 principles guiding Trump admin’s approach to economic statecraft
Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration’s approach to economic statecraft in a…
DOJ says Alibaba failed to stop illegal pharmaceuticals and banned goods from reaching US buyers
Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution agreement…
Trump promises Philadelphia gas discounts ahead of July 4, claims oil prices are ‘plummeting’
President Donald Trump on Wednesday announced that fuel prices will be lowered at select gas stations…
Check your AC: 13,000 units recalled over fire risk
More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans…
Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO…
Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain
Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the…
Google co-founder Sergey Brin offloads massive stake in NYC real estate for pennies on the dollar
Months before New York City approved a historic two-year rent freeze, Google co-founder Sergey Brin quietly…
What are the main sticking points in the Trump admin’s trade negotiations with Canada, Mexico?
The Trump administration’s announcement that it doesn’t plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead…
Record decline in home asking prices offers buyers an affordability boost
Home listing prices are declining at the fastest pace in at least nine years as sellers…