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Economy
Microsoft plans more Xbox job cuts next week
Microsoft is planning another round of cuts at Xbox as part of the tech giant's…
US, China announce reduced tariffs for 90 days after trade talks
The U.S. and China announced on Monday that tariffs against one another will be reduced…
ECB’s Lagarde warns Trump’s Fed interference poses serious economic risk
A key leader in the world economy is warning that undue interference in the Federal…
Southwest flies first plane with new flight deck security barrier
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck…
Trump asks court to deny Fed governor Lisa Cook’s restraining order request
President Donald Trump on Friday requested that a federal judge deny a request by Federal Reserve…
July PCE: Fed’s favored inflation gauge remained elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the…
Mortgage rates fall to 6.56%: Freddie Mac
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday. Freddie Mac's…
US GDP beats expectations with 3.3% growth in second quarter revision
The U.S. economy grew at a faster rate than previously thought in the second quarter…
NextGen Acela train launches Thursday with 160 mph speeds NYC and Boston
Five new Amtrak trains will begin rolling out between Washington, D.C., New York and Boston…
A Trump official said Lisa Cook engaged in mortgage fraud over two properties
Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump…
India faces 25% Trump tariffs over Russian oil purchases, duties hit 50%
The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some…
General Motors recalls 23,000 Corvettes over fuel spill fire safety concerns
General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak…
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