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Economy
Google’s $40 billion Texas data centers to create thousands of jobs
Alphabet's Google is investing $40 billion to build new data centers in two Texas counties.…
Amazon to pay $2.5B Prime settlement with customer refunds
Amazon is set to pay a historic $2.5 billion settlement after it was accused of…
Mortgage rates fall to 6.58%: Freddie Mac
Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie…
Social Security beneficiaries may see 2.7% COLA increase in 2026 payments
The projection for Social Security's annual cost-of-living adjustment (COLA) for next year is getting higher, according…
Inflation concerns return as July PPI surges more than expected
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of…
Starbucks CEO wants 4-minute service goal with Green Apron program
Four minutes or less. That is how long the Starbucks chief executive officer would like…
Kansas City Fed’s Schmid favors keeping interest rates steady
A member of the Federal Reserve panel that makes decisions about monetary policy said that he…
Bessent rejects suspending monthly jobs reports amid data concerns
Treasury Secretary Scott Bessent on Wednesday said that he doesn't think the Bureau of Labor…
Pfizer COVID vaccine may lose FDA authorization, company says
The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for…
GE Appliances invests $3B to expand US manufacturing operations
GE Appliances is investing more than $3 billion over the next five years to expand…
US national debt hits $37 trillion to reach the latest record
The U.S. national debt surpassed $37 trillion for the first time in the nation's history…
Kodak announces substantial doubt about staying in business
Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was…
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