Business

‘Jobless profit boom’ has cemented a permanent payroll loss as AI displaces labor at faster rate

Booming corporate earnings and a slumping labor market have been telling very different stories lately, and AI is the likely explanation, according to Chen Zhao,

Business

Crypto’s big ‘Uptober’ ends with a whimper, Bitcoin down 4%

October is usually a time for Bitcoin to mount big gains, so much so that traders have named the month ‘Uptober.’ This year, though, the

Business

A major ICE shake-up is reportedly underway affecting at least half of the agency’s top leadership positions

WASHINGTON (AP) — The Trump administration is reassigning at least half the top leadership at Immigration and Customs Enforcement offices around the country in a

Business

China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

Top U.S. and Chinese officials met in Malaysia on Saturday to lay the groundwork for a summit between Donald Trump and Xi Jinping, with some

Business

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

The U.S. national debt has surged past $38 trillion, according to the U.S. Treasury Department, just two months after surpassing previous forecasts to reach $37

Business

McDonald’s CEO Chris Kempczinski reveals how often he eats at the fast-food chain

It would be weird if the CEO of a restaurant giant didn’t eat the food his own company serves. But that’s definitely not an issue

Business

The protein craze is heavy metal, literally: bombshell investigation finds unsafe lead amounts in two-thirds of top powders for sale

You can never have too much of a good thing, the saying goes. For months now, Americans treated protein that way. What started as a

Business

The rare Taylor Swift backlash, explained: why some fans feel jilted by the star’s tradwife, almost MAGA-coded turn

Taylor Swift’s engagement to Kansas City Chiefs star Travis Kelce and the release of her 12th studio album, The Life of a Showgirl, were expected to

Business

Billionaire MacKenzie Scott doubles down on DEI with $42 million donation

MacKenzie Scott’s latest round of gifts sends a clear message: Her commitment to diversity, equity, and inclusion remains intact—and she’s doubling down on it through

Business

 Top Wall Street economist sees 2 ways tariffs could play out — and neither is good for the average worker

Flying between Helsinki, Prague, Milan and Geneva to meet with clients, Nathan Sheets, Citigroup’s top economist, has a bird’s-eye view of how tariffs are reshaping