Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders
Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the... Read More.
Business
Peloton voluntarily recalls over 800,000 bikes for potential seat post issue
(NEW YORK) -- Exercise equipment company Peloton is voluntarily recalling approximately 833,000 exercise bikes due to a potential issue specific to the bike's seat... Read More.
Travel chaos worsens amid government shutdown
(NEW YORK) -- Travelers with plans to fly amid the government shutdown are searching for refund policies related to flight delays or cancellations, as... Read More.
Fed expected to cut interest rates, but less than Trump wants
(WASHINGTON) -- The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first... Read More.
Amazon layoffs highlight impact of AI, some experts say: ‘Wake-up call’
(NEW YORK) -- Amazon is set to lay off thousands of corporate workers, despite billions in profits and lucrative lines of business spanning from... Read More.
Trump’s halt of US-Canada trade talks could impact these prices
(NEW YORK) -- Prices for home appliances, cars and auto parts could be impacted by President Donald Trump’s decision overnight to end trade talks... Read More.
Social Security unveils cost-of-living adjustment for 2026. Here’s what to know.
(NEW YORK) -- Social security benefits will rise 2.8% starting in January, amounting to an additional $56 per month for 75 million recipients, the... Read More.
Inflation climbs to highest level since January, beef prices soar
(NEW YORK) -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its... Read More.
What could supply chain snags in the auto industry mean for car buyers?
(NEW YORK) -- Car buyers may face elevated prices and a shortage of some vehicles due to a supply chain snarled by tariffs and... Read More.
As new tariffs take effect, US consumers footing more than half the burden: Report
(NEW YORK) -- With new tariffs taking effect Tuesday on furniture and lumber, an analysis released by Goldman Sachs finds American consumers are paying... Read More.
Consumer sentiment sours as government shutdown threatens economic damage
(NEW YORK) -- Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in inflation and... Read More.
Government shutdown halts data, stokes risk as economy wobbles, experts say
(WASHINGTON) -- The government shutdown halted the release of key economic data, choking off the flow of information as some experts warn the economy... Read More.
