Business

Private Payrolls Barely Grow as Labor Market Signals Worsen Ahead of Critical Fed Decisions
Private employers added just 98,000 jobs in June. That fell short of the 113,000 economists had forecast. The figure also trailed the 122,000 added in May, according to the l...
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Supreme Court Rulings Reshape Tax Law, Regulation, and IRS Oversight
The Supreme Court has issued several rulings in its most recent term that carry direct financial consequences for American taxpayers, investors, and business owners. These decis...
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Microsoft’s Cost-Cutting Wave Hits Xbox, Sales Teams as AI Spend Soars
Microsoft stands ready to trim thousands of jobs across its sales, consulting and Xbox units. The move comes as the software maker keeps a tight grip on expenses while direct...
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Jamie Dimon’s ‘Little Tsunami’ Warning: Why the Bull Market Surprises Even Wall Street’s Longest-Serving CEO
Jamie Dimon has seen markets rise and crash for decades. Yet even he admits surprise at the current run. Stocks keep climbing. Records fall. Investors shrug off wars, blocked...
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Fed’s Barkin Sees Inflation Expectations Moderating Toward 2% Target
Federal Reserve Bank of Richmond President Thomas Barkin recently indicated that measures of inflation expectations among consumers and businesses have shown encouraging signs o...
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EU Buildings Unprepared as Record Heat Shuts Down Brussels Air Conditioning
The European Commission headquarters in Brussels faced an unusual operational challenge this summer when record-breaking temperatures forced staff to shut down air conditioning...
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Revolut Orders New Grads Back to the Office, Testing Remote Work Limits in Fintech
Revolut built its brand on flexibility. The London-based fintech spent years advertising a remote-first culture that let employees choose where they worked. That pitch helped...
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Rockstar Employees Unionize to Fight GTA 6 Crunch and Low Pay
The Verge reported last year on a significant development within the video game industry...
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Comcast Hands the Keys to a Former Finance Chief as It Splits Media From Cable
Comcast Corporation told investors and employees on Monday it would cleave itself in two. One company would keep the cable pipes, broadband service and wireless business that...
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Homeowners Lock in 4.75%-5.5% Mortgage Rates Below National Average
Three homeowners recently managed to secure mortgage rates well below the national average through a combination of strategic timing, strong credit profiles, and specific loan p...
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OpenAI’s Talent Tug-of-War: Hardware Gains, Leadership Losses and the IPO Clock
Sam Altman’s OpenAI stands at a crossroads. The company that ignited the generative AI boom now juggles ambitious hardware plans, repeated executive exits and the demands of...
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JP Morgan Chase: The CEO Factory Powering 25+ Fortune 500 Leaders
The banking industry has long admired JP Morgan Chase for its ability to produce leaders who rise to the highest ranks not only within its own walls but across corporate America...
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Canada’s GDP Surges 0.5% in April, Beating Forecasts and Easing Rate Hike Fears
The Canadian economy showed unexpected strength in April as gross domestic product expanded by 0.5 percent from the previous month according to data released by Statistics Canad...
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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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