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Economy
US energy production counters Iran’s threats to close Strait of Hormuz
Iran threatened to attempt to close one of the world's most important shipping lanes for oil…
Trump talked to Apple CEO Tim Cook, investment coming
President-elect Donald Trump on the eve of his inauguration, said he spoke with Apple CEO…
Amazon cuts 16,000 jobs while continuing to invest heavily in AI technology
Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of…
Consumer confidence drops to lowest level since 2014 in January survey
U.S. consumer confidence slumped to the lowest level since 2014 in January, sinking below pandemic-era lows…
Federal Reserve likely to pause interest rate cuts at January meeting
Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first…
Heating bills to rise 9.2% this winter for American households nationwide
As millions of Americans deal with the fallout of winter storms and brace for upcoming…
Winter Storm Fern: Coal helping power energy grid amid deadly storm
A deadly and historic winter storm that has impacted a 2,300-mile swath of the country…
President Donald Trump cools to 401(k) housing down payment proposal
President Donald Trump on Thursday said he's "not a huge fan" of a proposal his administration…
AI infrastructure buildout boosts construction worker pay, Nvidia CEO says
Nvidia CEO Jensen Huang said that the build-out of infrastructure to support the artificial intelligence (AI)…
FDA upgrades cookie recall to most serious risk category over undeclared peanuts
The Food and Drug Administration announced that a recall of cookie products has been upgraded…
Elon Musk says Tesla Optimus robots for public sale by end of 2027
Tesla CEOÂ Elon Musk said Thursday the company is planning to make its Optimus robots available…
Mortgage rates rise to 6.09%: Freddie Mac
Mortgage rates ticked higher this week but remain the lowest in three years, mortgage buyer…
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