Business

Eurozone Inflation Surprise: Cooling Prices Test ECB Resolve After June Rate Hike
Inflation readings from Europe’s largest economies landed softer than expected this week. Germany, France, Italy and Spain all showed deceleration or stability in preliminary...
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Even $180,000 Falls Short in San Francisco as AI Wealth Reshapes Tech Pay
San Francisco has long stood as the epicenter of technology compensation. Yet fresh data and worker accounts show that benchmark six-figure packages once viewed as ample now...
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Speaker Johnson’s ‘Desperate Measures’ Warning Exposes Fractures Over Social Security as Debt Hits $40 Trillion
Speaker of the House Mike Johnson didn't mince words. On a June 8 Louisiana radio program, he laid out a blunt diagnosis of America's fiscal bind. More than 74 percent of fed...
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Supreme Court Blocks Trump From Removing Fed Governor Lisa Cook
The Supreme Court has issued a ruling that shields Federal Reserve Governor Lisa Cook from immediate removal by the Trump administration, preserving the central bank's tradition...
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Fired in Her First Week Over One Sick Day: How At-Will Rules Clash With Modern Family Demands
A single mother started a new payroll administrator role on Monday. She showed up Tuesday. On Wednesday she requested the next day off because her toddler was ill. Her superv...
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Supreme Court Shields Fed From Presidential Reach in Landmark Lisa Cook Ruling
The Supreme Court delivered a pointed defense of the Federal Reserve’s autonomy on Monday. In a 5-4 decision, the justices blocked President Donald Trump’s attempt to fire Go...
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Central Bankers Sound Alarm as AI Capital Frenzy Fuels Debt Traps and Systemic Fragility
Central bankers have grown unusually blunt. The debt that powers today’s artificial intelligence surge now threatens to drag the global financial system into crisis, they say...
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Walmart CEO Pocketed $29 Million as Shoppers Struggled With Grocery Bills
Doug McMillon walked away from Walmart with $29.2 million in his final year. Brian Cornell took home $21.8 million from Target. Even Kroger’s interim leader cleared $14 milli...
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Cathie Wood’s $1.25 Million Bitcoin Call: Why ARK Invest Still Bets Big Amid Market Slump
Cathie Wood isn’t backing down. The ARK Invest founder and CEO recently reaffirmed her aggressive forecast for Bitcoin. In a Fox Business interview, she laid out a bull case...
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Esther George’s Stark Warning: Plan for Higher Rates as Warsh Takes the Helm at the Fed
Esther George spent more than a decade on the Federal Open Market Committee as one of its most consistent voices for tighter policy. She dissented in favor of rate hikes more...
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Oil Prices Surge Over 2% on Fears of Trump Reimposing Iran Sanctions
Oil prices rose sharply on Thursday as investors reacted to fresh signals from the United States regarding potential new sanctions on Iran and ongoing supply concerns from the M...
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Banks Chase New Funding Paths as AI Debt Swells and Private Markets Shift
Banks face mounting pressure. Corporate demand for capital tied to artificial intelligence keeps climbing. Traditional deposit bases no longer suffice. So lenders get inventi...
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Michael Burry Makes Massive Bet on Alibaba, Now 40% of His Portfolio
Michael Burry has once again captured the attention of investors by filing a new 13F form that reveals significant shifts in his portfolio. The move comes after a period of rela...
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USD Surges for Strongest Monthly Gain in Nearly 2 Years on Sticky Inflation
The U.S. dollar stands on track to record its strongest monthly performance in nearly two years as investors adjust to shifting expectations around Federal Reserve policy and gl...
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Why $1 Million Remains Out of Reach for Most Americans
Most Americans will never amass $1 million in retirement savings. The numbers paint a stark picture. Federal Reserve data shows only about 2.5% of all Americans have $1 milli...
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