Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation, is facing an influx of calls to resign after a blistering, 234-page report released Tuesday revealing widespread sexual harassment and other misconduct plaguing the federal bank regulator. The damning
The Dow and other indexes opened higher on Thursday as the latest jobs report suggests the Federal Reserve may lower interest rates this year. Read more...
If there’s one thing everyone in politics can agree on it’s this — everything has a price. And ex-president Donald Trump has reportedly slapped a $1 billion price tag on removing his rival’s pro-electric vehicle and environmental policies. Read more...
A bad thing happened to another Boeing plane on Thursday. A 737-300 operated by the Senegalese carrier Transair skidded off the runway while ablaze at Blaise Diagne International Airport in Dakar, Senegal. A statement from Senegal’s Ministry of Infrastructure, Land and Air
Initial filings for unemployment benefits in the US climbed to their highest level since August 2023 — a sign that the robust American labor market is cooling. Initial jobless claims increased by 22,000 to 231,000 in the week ended May 4, according to Labor Department data
Robinhood’s shares jumped0.16% on Thursday morning following the announcement of its record quarterly revenue and profits that exceeded analysts’ predictions. Read more...
An executive at Chinese tech giant Baidu wants employees that are seriously devoted to the company — even if it hurts their personal lives. Read more...
Elon Musk’s artificial intelligence rival to OpenAI is reportedly expected to reach an $18 billion valuation after it closes its current funding round. Read more...
Let’s face it: while some of the best headphones we’ve tested sound incredible, they don’t come cheap. Believe it or not, there are plenty of affordable options out there that sound good and don’t require you to spend hundreds of dollars. This list specifically shouts out all
Just over 100 days ago, Elon Musk’s neurotech startup Neuralink placed an implant in the brain of its first human patient : 29-year-old quadriplegic Noland Arbaugh. Read more...
If Sony Pictures Entertainment and Apollo Global Management acquire Paramount Global , they have their sights set on big changes at the entertainment behemoth — namely, making it smaller. Read more...
Warner Bros. Discovery on Thursday announced a strong first-quarter showing for its streaming unit, even as its studios’ division underperformed. Read more...
Persistent inflation has forced shoppers to look for cheaper goods . In some cases, that has meant paying off items in small increments. And for the e-commerce industry, that has been a billion-dollar opportunity. Read more...
Unscrupulous passengers are said to be increasingly taking advantage of the Dallas-based airline's generosity toward travelers who "need a little extra time" when boarding.