Today's Top Story
US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook Read More
Business News
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Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein
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26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave
A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems that disproportionately targeted those on medical or family leave for layoffs
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US stocks rise within 0.5% of their record, even as oil prices keep climbing
U.S. stocks ticked higher following strong profit reports from big companies
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Economic News
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US stocks rise within 0.5% of their record, even as oil prices keep climbing
U.S. stocks ticked higher following strong profit reports from big companies
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Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation
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US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook
- More Economic News»
Money News
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You just retired (or are about to). Now what?
If there’s one group likely to be experiencing the most consternation over inflation and economic uncertainty, it’s those who have just retired or are about to
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Strained Ohio county seeks help to care for 16 siblings from squalid home and prosecute their family
The discovery of 16 siblings who authorities say were held at a home for years in squalid conditions is straining their rural Ohio county’s resources as it works to prosecute their parents and two grandparents and address the needs of so many children at once
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PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns
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