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8h ago

Trump calls on Fed once again to lower rates after solid April jobs report

The post shows Trump continuing his efforts to influence the central bank’s decision-making process, challenging its long-held independence from the executive branch.
Jerome Powell and Donald Trump.
Jerome Powell and Donald Trump.
8h ago

Automakers report significant April sales increases amid tariff fear-buying

“The economy and auto market are transitioning to a world with higher tariffs on imports,” said Cox Automotive chief economist Jonathan Smoke.
In an aerial view, Ford Broncos at a dealership.
In an aerial view, Ford Broncos at a dealership.
21h ago

Live Updates

Live Updates

President says he's nominating Mike Waltz to be U.N. ambassador

Vice President JD Vance says Waltz has Trump's trust.
Donald Trump
Donald Trump

Data center boom in world's largest market isn't slowing down, Dominion Energy says

Dominion provides electricity in Loudoun County, Virginia, nicknamed “Data Center Alley” because it hosts the largest cluster of data centers in the world.
People walk through the hallways at Equinix Data Center
People walk through the hallways at Equinix Data Center

Tesla denies report it's looking to replace Elon Musk

Tesla chair Robyn Denholm wrote on X that a report from The Wall Street Journal was “absolutely false.”
Elon Musk at the opening of the Tesla factory in Gruenheide, Germany
Elon Musk at the opening of the Tesla factory in Gruenheide, Germany

Consumers are not lovin' it: McDonald's has its worst quarter since 2020

It's the latest restaurant chain to report flagging or declining sales amid a worsening economic environment.
A McDonald's restaurant in Omaha, Neb.
A McDonald's restaurant in Omaha, Neb.

Here's what your monthly student loan bill could be under a new Republican plan

House Republicans unveiled their agenda to overhaul the student loan and financial aid system at the end of April.
Donald Trump, left, holds a signed executive order folder open, and Linda McMahon stands to his right, looking at each other
Donald Trump, left, holds a signed executive order folder open, and Linda McMahon stands to his right, looking at each other

Nvidia says Anthropic is telling 'tall tale' in its defense of U.S. AI chip restrictions on China

Chip restrictions from former President Joe Biden’s term, called the “AI Diffusion Rule,” are set to take effect May 15.
Jensen Huang speaks on stage
Jensen Huang speaks on stage
1d ago

U.S. economy shrank as consumers went on pre-tariff buying spree

Analysts noted that the weak economic report doesn't reflect overall consumer and business performance. Still, shock over Trump’s tariffs has begun to rattle data.
Workers sew on sewing machines in a factory
Workers sew on sewing machines in a factory

Amazon is stepping up to fill a gap in Hollywood's movie slate

While the studio won’t have a full slate of more than a dozen films until 2026, it has steadily invested in theatrical content over the last few years.
Amazon MGM Studios CinemaCon 2025 Presentation
Amazon MGM Studios CinemaCon 2025 Presentation
1d ago

Xbox raises prices on consoles, controllers, headsets due to 'market conditions'

Xbox says it also plans to raise prices for some games starting this holiday season. 
Microsoft Agrees To Buy Video Game Publisher Activision Blizzard
Microsoft Agrees To Buy Video Game Publisher Activision Blizzard

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