BUSINESS
Days after calling herself a ‘staunch capitalist’ before a sitdown with socialist Zohran Mamdani, Kathy Hochul endorses him
16 hours ago
Days after calling herself a ‘staunch capitalist’ before a sitdown with socialist Zohran Mamdani, Kathy Hochul endorses him
Gov. Kathy Hochul on Sunday urged New Yorkers to vote Zohran Mamdani for mayor of New York City, giving the Democratic nominee one of…
Ray Dalio calls for ‘redistribution policy’ when AI and humanoid robots start to benefit the top 1% to 10% more than everyone else
4 days ago
Ray Dalio calls for ‘redistribution policy’ when AI and humanoid robots start to benefit the top 1% to 10% more than everyone else
Legendary investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning regarding the future impact of artificial intelligence…
Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
7 days ago
Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest…
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
1 week ago
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said…
McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
2 weeks ago
McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief Executive Chris Kempczinski…
Trump’s trade adviser says tariffs aren’t permanent after court strikes down reciprocal duties
2 weeks ago
Trump’s trade adviser says tariffs aren’t permanent after court strikes down reciprocal duties
White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs are not permanent as…
New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market
3 weeks ago
New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market
The U.S. housing market’s inventory is growing, putting pressure on prices and slowing new construction, according to fresh research from…
Epstein’s estate subpoenaed by House Oversight Committee
3 weeks ago
Epstein’s estate subpoenaed by House Oversight Committee
The House Oversight Committee subpoenaed the estate of the late Jeffrey Epstein on Monday as congressional lawmakers try to determine who was…
Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
4 weeks ago
Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
President Donald Trump said Friday that American chipmaker Intel had agreed to give the U.S. government a 10% stake, which…
Walmart recalls potentially radioactive frozen shrimp sold in 13 states
4 weeks ago
Walmart recalls potentially radioactive frozen shrimp sold in 13 states
Walmart has recalled frozen, raw shrimp sold in 13 states because federal health officials say it could have potential radioactive…