News
Unemployment applications up, but layoffs stay low
The number of Americans who applied for unemployment benefits increased by 9,000 people to a total of 221,000, their highest...
Trade deficit widens for second consecutive month
The U.S. trade deficit widened in February, increasing 1.9% to $68.9 billion, according to the Commerce Department's Bureau of Economic...
Interest rate cuts still likely this year, Powell says
Despite recent reports finding that the U.S. economy remains strong and inflation rose at the beginning of 2024, Federal Reserve...
Trump sues Truth Social co-founders for purported mismanagement
Donald J. Trump has filed a lawsuit against two co-founders of Trump Media, the parent company of Truth Social, claiming...
March’s private payroll gains exceed expectations
U.S. private businesses added 184,000 workers during March, an improvement on February's upwardly revised gain of 155,000, said payrolls processing...
Google agrees to erase records from Incognito tracking
Under the proposed terms of a class action lawsuit settlement, Google will delete hundreds of billions of records that collected...
As antitrust pressure builds, Microsoft strips Teams from Office
Facing an antitrust investigation in the EU, Microsoft has decided to pull its chat and conferencing app, Teams, from the...
DJT stock plunges after 2023 earnings filing
Share values for Donald J. Trump's social media company, Trump Media & Technology Group, plummeted on Monday after a regulatory...
U.S. tightens exports of AI chips and tools to China
The Biden administration has tightened regulations of exports of artificial intelligence chips and chipmaking tools to China, it announced Friday....
The top 1%’s wealth hits a record $44.6 trillion
At the end of 2023's fourth quarter, the total wealth of the top 1% richest people in America broke records...
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