Fed Governor Waller backs December rate cut as support for weakening labor market
Waller's comments put him squarely in the came of those looking to ease monetary policy to head off further danger…
Economy
Nvidia CEO Jensen Huang surprised investors with a ‘half a trillion’ forecast. It’ll come up at earnings
"This is how much business is on the books. Half a trillion dollars worth so far," Huang said at the…
Forget the China gloom — luxury bosses say shoppers are back
Luxury bosses tell CNBC Chinese shoppers are returning, but analysts warn the recovery remains fragile. ...
Berkshire Hathaway’s surprising new tech stake
There was a notable surprise in Berkshire Hathaway's end-of-Q3 equity portfolio snapshot. ...
In defense of junior staff: Why replacing young people with AI could spark a ‘talent doom cycle’
"You're missing a significant aspect of growth if you shut down the pipeline on bringing junior or entry-level talent into…
Former Fed Gov. Adriana Kugler violated trading rules while at central bank: ethics report
The Federal Reserve's internal watchdog was notified earlier this year about stock trades from 2024 disclosed by then-Gov Adriana Kugler.…
Inside Ford’s new world headquarters: Scratch kitchens, rotisserie chickens and design secrets
Ford's new 2.1-million-square-foot headquarters in Dearborn, Michigan, is ceremoniously opening Sunday, although construction is expected to continue into 2027. ...
Data centers are concentrated in these states. Here’s what’s happening to electricity prices
Residential utility bills rose 6% on average nationwide in August compared with the same period last year, according to the…
Warren Buffett’s Berkshire Hathaway reveals new position in Alphabet
Berkshire disclosed a $4.3 billion stake in Alphabet at the end of the third quarter, making the Google parent the…