Nasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise
Investors sold stocks, bonds, bitcoin and gold Friday after strong jobs data raised odds for Federal Reserve interest rate hikes, and Wall Street wres…
Category: Business
Trump administration’s plan to spin off mortgage giants Fannie and Freddie faces new uncertainty
The Trump administration’s long-held vision to end government control of mortgage giants Fannie Mae and Freddie Mac faced another setback this week.
CBS News races to steady ‘60 Minutes’ after Scott Pelley’s firing
With a shellshocked staff and several open correspondent offices, Nick Bilton is trying to find a way forward for “60 Minutes.”
Trump is quietly rebuilding his tariff engine
President Donald Trump pledged to restore his tariff regime after setbacks in the Supreme Court and other legal challenges. Now, he’s doing it — b…
SpaceX sets the stage for a record $75 billion IPO
Elon Musk’s SpaceX unveiled plans Wednesday to raise $75 billion in an initial public offering of its stock that would value the company at roughly …
Trump signs executive order asking for access to new AI models before they launch
President Donald Trump on Tuesday signed an executive order seeking early government access for the most advanced AI models to weigh cybersecurity ris…
Did you switch to a healthcare job after struggling to find a job?
Healthcare is one of the few industries still powering job growth in America.
Florida sues OpenAI, alleging it’s unsafe for children
Florida is suing OpenAI and its CEO Sam Altman, alleging they know ChatGPT is not safe, especially for minors.
Scott Pelley erupts at CBS leaders over ‘60 Minutes’ overhaul
CBS News management faced a fresh crisis on Monday after legendary “60 Minutes” correspondent Scott Pelley accused the network’s editor in chief…
Spencer Pratt brings Los Angeles’ economic anxieties into primetime
A surprisingly competitive mayoral campaign from former reality television star Spencer Pratt has thrust some of Los Angeles’ economic anxieties int…
