BUSINESS
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’
September 9, 2025
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
September 6, 2025
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
September 3, 2025
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
August 31, 2025
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
August 28, 2025
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
August 25, 2025
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’
August 22, 2025
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
August 19, 2025
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…
Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut
August 16, 2025
Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut
The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that…
Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple
August 13, 2025
Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple
Elon Musk’s long-standing battle with OpenAI has a new participant: Apple. On Tuesday, Apple found itself the latest target of…