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Category: Business

Mortgage rates tumble to lowest level since October 2024
Business

Mortgage rates tumble to lowest level since October 2024

September 4, 2025

The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data…

Trump posts AI video dancing with Cracker Barrel’s ‘old timer’ after company reverses logo change
Business

Trump posts AI video dancing with Cracker Barrel’s ‘old timer’ after company reverses logo change

September 4, 2025

Trump posted an AI-generated video mocking Cracker Barrel's controversial logo rebranding effort that removed the "old timer" before the company…

New Paramount CEO David Ellison issues ultimatum to workers: Return to office full-time or leave
Business

New Paramount CEO David Ellison issues ultimatum to workers: Return to office full-time or leave

September 4, 2025

David Ellison ordered Paramount staff back to full-time office work, citing collaboration needs, while providing severance packages for those unable…

LARRY KUDLOW: The economy is doing better than you think
Business

LARRY KUDLOW: The economy is doing better than you think

September 4, 2025

Don't hang your hat on tomorrow's jobs report, the economy is doing better than you think ...

TSA screens record number of travelers over Labor Day weekend as air travel soars
Business

TSA screens record number of travelers over Labor Day weekend as air travel soars

September 3, 2025

Labor Day weekend saw record airport travel, with 10.4 million passengers screened, as TSA implements new policies including ending the…

Treasury Department releases official list of jobs eligible for ‘no tax on tips’ deduction
Business

Treasury Department releases official list of jobs eligible for ‘no tax on tips’ deduction

September 3, 2025

President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, hospitality and personal services…

McDonald’s CEO warns of ‘two-tiered economy’
Business

McDonald’s CEO warns of ‘two-tiered economy’

September 3, 2025

McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the company reintroduced its Extra Value Meals to draw budget-conscious…

Salesforce cuts 4,000 jobs due to AI, CEO says
Business

Salesforce cuts 4,000 jobs due to AI, CEO says

September 3, 2025

Salesforce CEO Marc Benioff said AI automation helped the software company cut its customer support headcount from 9,000 to 5,000…

Nearly 600 economists back Lisa Cook and Fed independence in open letter
Business

Nearly 600 economists back Lisa Cook and Fed independence in open letter

September 3, 2025

Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of…

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Crypto World

1
Cryptocurrency

Bank of England’s Breeden warns watered-down stablecoin rules risk stability

November 12, 2025

Weaker stablecoin rules in the UK could risk financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden.“We have a different set of risks to manage as we…

2
Cryptocurrency

Canary Capital filing signals spot XRP ETF set for launch this week

November 12, 2025

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas…

3
Cryptocurrency

Nationally chartered bank SoFi rolls out crypto trading for US customers

November 12, 2025

US bank SoFi Technologies has launched crypto trading services to its customers, as clearer rules have allowed the crypto market to court greater interest from traditional finance.SoFi said on Tuesday that its crypto service will…

4
Cryptocurrency

Bitwise Chainlink ETF appears on DTCC site, tipping pending launch

November 12, 2025

Bitwise’s spot Chainlink exchange-traded fund (ETF) has appeared on the Depository Trust and Clearing Corporation’s registry, a usually positive sign that the fund is moving closer to launch.The Bitwise Chainlink ETF was added to the…

Economy

Economy

Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase

November 12, 2025
Economy

SNAP: Trump admin gets longer Supreme Court pause on order it pay full food stamp benefits

November 12, 2025
Economy

Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

November 12, 2025
Economy

Trump is pardoning dozens of allies and backers. Here’s who might be seeking clemency

November 12, 2025
Economy

AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand

November 12, 2025
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