Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech
When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected
2023-08-25 12:18
Lawyers suing JetBlue say the airline could raise fares on some routes after buying Spirit Airlines
Lawyers suing JetBlue say in court filings that the airline could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines
2023-08-25 11:46
US will resolve Tesla Autopilot probe, could make announcement soon - official
By David Shepardson WASHINGTON The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla
2023-08-25 11:20
Trump returns to X, the site formerly known as Twitter, shortly after surrendering in Georgia
Former President Donald Trump has returned to X, the social media site formerly known as Twitter
2023-08-25 10:24
Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue
Unionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract
2023-08-25 08:20
'Dune: Part 2' release postponed to 2024 as actors strike lingers
The release of “Dune: Part Two,” one of the fall’s most anticipated films, has been postponed from November until next near
2023-08-25 07:29
Maui government files lawsuit, accuses Hawaiian electric company of causing Lahaina wildfires
Maui County filed a lawsuit Thursday against Hawaiian Electric Company, alleging that the utility company's negligence caused the devastating wildfires that burned thousands of acres of land in the state and killed more than 100 people earlier this month.
2023-08-25 07:24
Jury convicts ex-chief of staff of lying to protect his boss, former Illinois House speaker Madigan
A federal jury in Chicago has convicted a former chief of staff to longtime Illinois House Speaker Michael Madigan of lying under oath to protect his once-powerful boss
2023-08-25 04:56
Nordstrom's results reflect cautious consumer spending, echoing department store sector blues.
Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers' cautious spending
2023-08-25 04:16
Whirlpool is fined $11.5 million by US agency over hazardous cooktops
By Jonathan Stempel (Reuters) -Whirlpool agreed to pay an $11.5 million civil fine to resolve U.S. Consumer Product Safety Commission
2023-08-25 03:49
Nigeria's unemployment rate falls to 4.1%, using new methodology. Analysts say it’s an undercount
Nigeria's statistics agency says the unemployment rate now stands at 4.1%
2023-08-25 02:47
Starbucks' Pumpkin Spice Latte turns 20, whether you like it or not
The seasonal drink that made pumpkin spice a star is marking two decades in the world
2023-08-25 02:25