Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate. ...
Category: Economy
Microsoft laying off about 6,000 people, or 3% of its workforce
It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023. ...
Trump says U.S. will remove all sanctions on Syria
Syria has been designated a state sponsor of terrorism by the U.S. government since 1979. ...
White House announces $600 billion Saudi investment in U.S. during Trump visit
Trump's participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed…
Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
Walgreens is expanding the number of its retail stores served by its micro-fulfillment centers as it works to turn itself…
Coinbase aims to become the No. 1 financial service app in the world in 10 years, CEO says
Brian Armstrong says Coinbase is ready to partner with any bank or financial institution that wants to expand into crypto.…
FAA weighs reducing Newark flights after hundreds of disruptions
The FAA and airlines are meeting on Wednesday to discuss flight cuts at Newark Liberty International Airport. ...
Trump poised to accept Qatar jet gift as Air Force One
Reports of the gift comes just before President Trump is set to travel to the Middle East this week, with…
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows…