President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested…
Editor’s Pick
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Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to…
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Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
by adminAmazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries…
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Editor's Pick
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
by adminBoeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its…
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Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said…
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Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure…
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Editor's Pick
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
by adminIn a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are…
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Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
by adminConstellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum…
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Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global…
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Editor's Pick
As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs
by adminElon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they…