Fed set to make interest rate decision as inflation hits 3-year hig
(WASHINGTON) -- The Federal Reserve is set to announce its latest decision on interest rates on Wednesday as the central bank weathers the highest... Read More.
Business
Oil prices fall to lowest level since March after US announces Iran deal
(NEW YORK) -- Oil prices on Monday fell to their lowest level since March after U.S. officials announced an agreement between the United... Read More.
SpaceX IPO could make Elon Musk the first-ever trillionaire
(NEW YORK) -- Elon Musk, the wealthiest person alive, could become the first-ever trillionaire when SpaceX goes public on Friday.The company's founder and CEO... Read More.
Consumer sentiment improves but stays near all-time low, survey shows
(NEW YORK) -- Consumer sentiment improved in June for the first time since the outbreak of the Iran war as gasoline prices eased... Read More.
Inflation hits highest level since 2023, as the Iran war pushes up prices
(NEW YORK) -- Inflation jumped for a third consecutive month as the Iran war continued to drive up prices in May, surpassing 4% for... Read More.
Air Canada pilot arrested for flying without proper license
(TORONTO) -- An Air Canada pilot was arrested Monday after a probe discovered he had been allegedly flying hundreds of flights for at least... Read More.
OpenAI, company behind ChatGPT, files for IPO
(NEW YORK) -- OpenAI, the artificial-intelligence company behind ChatGPT, announced Monday night it had filed confidentially for an initial public offering (IPO), setting up... Read More.
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.
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.
