News
U.S. productivity growth grew less than expected during Q1
The first quarter saw U.S. worker productivity increase a little less than expected, while still exceeding market expectations, according to...
FTC to file lawsuit against major U.S. alcohol distributor
The U.S. Federal Trade Commission is preparing to file an antitrust lawsuit against Southern Glazer's Wine and Spirits, the largest...
Customers reigning in tips for service workers
Consumers are pulling back on spending on tips for services workers, with the share of people who say they always...
Nvidia surpasses Apple as the No. 2 most valuable business
The value of Nvidia shares reached record highs on Wednesday, hitting the $3 trillion mark and leading it to top...
Job openings sink to three-year low
A sign of a cooling labor market, the number of job openings in the U.S. fell to a three-year low...
SBA to offer credit lines of up to $5M for small businesses
Government-backed credit lines of up to $5 million for small businesses will be available soon from the U.S. Small Business...
Musk estimates $3B-$4B of Tesla spending with Nvidia this year
Tesla CEO Elon Musk said on X on Tuesday that EV carmaker will probably spend between $3 billion and $4...
CEOs out-earned workers by nearly 200 times last year
The median pay package for CEOs who run companies in the S&P 500 increased 12.6% last year to $16.3 million,...
Paramount, Skydance reach merger deal agreement
After weeks of negotiations, media companies Paramount and Skydance have agreed to the terms of a merger, with an announcement...
Construction spending, factory activity drops in U.S.
New good orders fell by the highest amount in nearly two years in May, while construction projects decreased in April,...
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