Hiring blows past expectations, accelerating in May despite Iran war
(NEW YORK) -- Hiring blew past expectations in May, registering at a blockbuster clip despite a continued rise in inflation set off by the... Read More.
Business
Gas prices are falling despite the Iran war’s impact. Will it last?
(NEW YORKI) --Drivers stung by high gas prices have enjoyed some welcome relief over the last couple of weeks, even as the impact of... Read More.
Trump admin sent $20.6B in tariff refunds so far: Court filing
(NEW YORK) -- A court filing shows how businesses are getting money back from the U.S. government after the Supreme Court ruled many of... Read More.
Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says
(NEW YORK) -- The top financial officer in New York City on Thursday warned that artificial intelligence could put thousands of workers in... Read More.
What rising bond yields mean for mortgages and credit card rates
(NEW YORK) -- U.S. Treasury yields soared in recent days as the Iran war stoked inflation fears, threatening to drive up borrowing costs for... Read More.
Court rules in favor of OpenAI and Sam Altman in lawsuit brought by Elon Musk
(NEW YORK) -- A court ruled in favor of OpenAI and its chief executive, Sam Altman, in a lawsuit brought by Elon Musk over... Read More.
Takeaways from Fed Chair Jerome Powell’s tenure as he steps down
(NEW YORK) -- A global pandemic that put millions of Americans out of work within days. The highest inflation in four decades. An unprecedented... Read More.
Dow crosses 50,000 as investors eye Trump-Xi summit
(NEW YORK) -- The Dow Jones Industrial Average on Thursday crossed above 50,000, shrugging off a renewed bout of inflation and an apparent impasse... Read More.
Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe
(WASHINGTON) -- The Senate voted Wednesday to confirm Federal Reserve chair nominee Kevin Warsh, clearing the way for Warsh to replace central bank... Read More.
Inflation jumps to its highest level in three years
(NEW YORK) -- Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send gasoline prices surging in April,... Read More.
DOJ reaches $30 million deal with PayPal over minority-owned business program
(WASHINGTON) -- PayPal has agreed to waive $30 million in processing fees in order to resolve a federal investigation into an investment program that... Read More.
Soaring fuel costs draw attention to higher prices at name-brand gas stations
(LOS ANGELES) -- A Chevron gas station in Los Angeles elicited headlines in recent weeks for charging an eye-popping $8.71 a gallon, becoming an... Read More.
