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Business

New home sales soar 20% in August to a three-year high

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Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according...

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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

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U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statemen...

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Fed Chief Powell says stock prices appear ‘fairly highly valued’

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Eli Lilly to build $6.5 billion Texas manufacturing facility for obesity pill, other drugs

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A rendering of Eli Lilly's manufacturing facility in Houston, Texas.Courtesy: Eli LillyEli Lilly on Tuesday said it will spend $6.5 billion to bu...

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Fed Governor Stephen Miran pushes case for central bank to slash key interest rate

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Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he thinks the central bank's be...

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Trump’s pressure on Europe to slap 100% tariffs on India and China raises eyebrows

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U.S. President Donald Trump and President of the European Commission Ursula von der Leyen shake hands as they announce a US-EU trade deal after a...

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C3 AI reports declining revenue, announces new CEO to replace Siebel

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The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Dado Ruvic | ReutersShares of the enterprise a...

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Nike’s new activewear line with Skims is set to launch this week. Here’s why it matters

September 22, 20250

Nike’s activewear line with Skims.Courtesy: Nike SKIMSNike's highly anticipated activewear line with Kim Kardashian's intimates brand Skims is se...

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Finance

Big Tech companies, foreign governments scramble after Trump slaps $100,000 fee on H-1B visas

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U.S. President Donald Trump speaks as he sits next to a "Trump Gold Card" sign, in the Oval Office at the White House in Washington, D.C., U.S., ...

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