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Economy

Economy

A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts

August 12, 2025
NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job…
Economy

What Trump’s Nvidia and AMD China deal means for the world

August 12, 2025
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House…
Economy

ESPN, Fox to bundle upcoming streaming services for $39.99 a month

August 12, 2025
Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies said Monday….
Economy

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

August 9, 2025
Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile…
Economy

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

August 9, 2025
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees…
Economy

Claire’s, known for piercing millions of teens’ ears, files for Chapter 11

August 8, 2025
Mall-based teen accessories retailer Claire’s, known for helping usher millions of teens into an important rite of passage — ear piercing —…
Economy

Trump demands resignation of Intel CEO over alleged China ties

August 8, 2025
President Donald Trump on Thursday demanded that the CEO of the tech firm Intel resign immediately, saying he is “highly conflicted” because…
Economy

Tim Cook to join Trump at White House for Apple investment announcement

August 7, 2025
Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new…
Economy

Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

August 6, 2025
Amazon is laying off roughly 110 employees in its Wondery podcast division and the head of the group is leaving as part…
Economy

U.S. farm agency allows six more states to bar some items from food aid

August 6, 2025
WASHINGTON — The Agriculture Department allowed six additional states Monday to bar participants in the Supplemental Nutrition Assistance Program from using their…
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