Business
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Warner Music slashing 750 jobs — or 13% of workforce — in major restructuring
Warner Music Group said Thursday it would lay off about 750 employees, or 13% of its workforce, as part of a revised…
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Trump Media stock dips just before lockup period expires
Shares of Trump Media plunged to a new low Thursday — the day that former President Donald Trump and other…
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Disney to stop using Slack after after hack exposes company secrets
Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity…
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Michelle Bowman votes against Fed half-point rate cut — first dissent since 2005
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the…
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When will Americans feel relief from the Fed’s interest rate cuts?
The Federal Reserve’s jumbo interest rate cut Wednesday should lower the rates for home mortgages, auto loans and credit cards…
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Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it…
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Trump becomes first president to pay in Bitcoin
NEW YORK — Former President Donald Trump made history in a New York City bar Wednesday, becoming the first US…
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Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate…
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Dow leaps to all-time high after Fed slashes rates by half-point
Wall Street’s main indexes jumped in volatile trading on Wednesday after the Federal Reserve’s highly anticipated half-point rate cut first interest rate cut in more than…
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Billionaire hedge fund manager John Paulson says he’ll pull money from market if Kamala Harris wins presidential election
Billionaire hedge fund manager John Paulson has threatened to remove his money from the US markets if Vice President Kamala…
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