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Finance

Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly

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Chicago Federal Reserve President Austan Goolsbee said Friday he's leery of cutting interest rates too quickly as threats increase both inflation...

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Economy

The shutdown meant no jobs report. Here’s what it would have said about the economy

October 3, 20250

Recruiters speak to job seekers at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2...

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American Eagle stock soars 20% as retailer says Sydney Sweeney campaign is ‘best’ to date, beats earnings

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American Eagle said Wednesday its partnership with Sydney Sweeney has been its "best" advertising campaign to date as it announced fiscal second-...

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Business

Tesla, GM lead record U.S. EV sales this year as federal incentives end

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DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consu...

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Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years

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Warren Buffett's Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 bill...

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Economy

Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout

October 2, 20250

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Earnings

Nike posts surprise sales growth, but warns of sluggish holiday season and bigger than expected tariff hit

October 2, 20250

Nike on Tuesday posted surprise sales growth in its fiscal first quarter but said it still has work ahead to execute its turnaround as it warned ...

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Business

Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

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Finance

Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about

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Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle...

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Economy

The government shutdown is likely to cement additional Fed interest rate cuts

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Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Feder...

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