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Economy
Trump pushes for full percentage point interest rate cut after May jobs report
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to lower interest…
Widow’s lawsuit against SIG Sauer over husband’s gun death can proceed
A lawsuit filed by a widow against weapons manufacturer Sig Sauer accusing it of being…
Mortgage rates fall to 6.5%: Freddie Mac
Mortgage rates fell to the lowest level since October 2024, mortgage buyer Freddie Mac said…
Gold surges over $1,000 in a year as investors seek safe haven amid volatility
Gold prices slipped on Thursday, marking a pause in what has been a record-breaking rally…
Private sector adds 54,000 jobs in August: ADP
Companies in the private sector added 54,000 jobs in August, payroll processing firm ADP said…
Mamdani’s $30 minimum wage plan could speed up automation of jobs
New York City mayoral candidate Zohran Mamdani's plan for a $30 an hour minimum wage could…
Treasury lists jobs eligible for Trump’s no tax on tips up to $25,000
The Treasury Department unveiled its list of jobs that will be covered by the Trump…
Salesforce reduces customer support workforce from 9,000 to 5,000 using AI
Salesforce has cut 4,000 customer support jobs and replaced them with artificial intelligence (AI) agents,…
McDonald’s CEO says ‘two-tier economy’ is developing in US
McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the fast-food giant brought back…
Trump administration considers national housing emergency declaration
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration…
ECB’s Lagarde warns Trump’s Fed interference poses serious economic risk
A key leader in the world economy is warning that undue interference in the Federal…
Southwest flies first plane with new flight deck security barrier
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck…
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