News
Fed maintains interest rates, indicates one cut to come in 2024
In its Federal Open Market Committee meeting Wednesday, the Federal Reserve chose to maintain its current key interest rate and...
Apple, the first to top $1 trillion, remains the world’s most valuable brand
Tech giant Apple is the first brand to surpass $1 trillion in value, a 15% increase from last year, and...
Southwest CEO says he won’t resign, despite pressure from investment group
Elliott Investment Management on Monday alerted Southwest Airlines' board on Monday that it wants to replace CEO Robert Jordan following...
Survey: 6 in 10 Americans want to be their own boss
A new study from Shopify and Gallup found that more than six in 10 Americans would prefer to be their...
US economy props up World Bank’s global growth outlook
The World Bank on Tuesday upped its 2024 global growth outlook slightly, thanks to the U.S. economy's better-than-expected performance. However,...
Raytheon lawsuit alleges age discrimination in hiring
Multination aerospace and defense systems company RTX Corporation—formerly known as Raytheon Technologies—has been sued for allegedly discriminating against people age...
Supreme Court to hear Facebook’s shareholder lawsuit
The U.S. Supreme Court said Monday that it will hear arguments from Facebook to dismiss a private securities fraud lawsuit...
OpenAI hires first chief financial officer, brings on new product officer
OpenAI, the company behind ChatGPT, announced Monday that it has hired Sarah Friar as its first chief financial officer and...
Survey shows consumers are feeling brighter about finances
Americans may be concerned about the overall economy, according to presidential election polls, but survey data from the Federal Reserve...
Noble to acquire Diamond Offshore Drilling
Adding to a long list of recent mergers in the oil and gas industry, Noble Corporation announced Monday that it...
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