Inflation hits highest level since 2023, as the Iran war pushes up prices
(NEW YORK) -- Inflation jumped for a third consecutive month as the Iran war continued to drive up prices in May, surpassing 4%... Read More.
Business
Air Canada pilot arrested for flying without proper license
(TORONTO) -- An Air Canada pilot was arrested Monday after a probe discovered he had been allegedly flying hundreds of flights for at least... Read More.
OpenAI, company behind ChatGPT, files for IPO
(NEW YORK) -- OpenAI, the artificial-intelligence company behind ChatGPT, announced Monday night it had filed confidentially for an initial public offering (IPO), setting up... Read More.
Hiring blows past expectations, accelerating in May despite Iran war
(NEW YORK) -- Hiring blew past expectations in May, registering at a blockbuster clip despite a continued rise in inflation set off by the... Read More.
Gas prices are falling despite the Iran war’s impact. Will it last?
(NEW YORKI) --Drivers stung by high gas prices have enjoyed some welcome relief over the last couple of weeks, even as the impact of... Read More.
Trump admin sent $20.6B in tariff refunds so far: Court filing
(NEW YORK) -- A court filing shows how businesses are getting money back from the U.S. government after the Supreme Court ruled many of... Read More.
Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says
(NEW YORK) -- The top financial officer in New York City on Thursday warned that artificial intelligence could put thousands of workers in... Read More.
What rising bond yields mean for mortgages and credit card rates
(NEW YORK) -- U.S. Treasury yields soared in recent days as the Iran war stoked inflation fears, threatening to drive up borrowing costs for... Read More.
Court dismisses Elon Musk’s case against Sam Altman and OpenAI
(NEW YORK) -- A court on Monday ruled in favor of OpenAI and its chief executive, Sam Altman, in a lawsuit brought by Elon... Read More.
Takeaways from Fed Chair Jerome Powell’s tenure as he steps down
(NEW YORK) -- A global pandemic that put millions of Americans out of work within days. The highest inflation in four decades. An unprecedented... Read More.
Dow crosses 50,000 as investors eye Trump-Xi summit
(NEW YORK) -- The Dow Jones Industrial Average on Thursday crossed above 50,000, shrugging off a renewed bout of inflation and an apparent impasse... Read More.
Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe
(WASHINGTON) -- The Senate voted Wednesday to confirm Federal Reserve chair nominee Kevin Warsh, clearing the way for Warsh to replace central bank... Read More.
