Business

The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shakeup

The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the central bank would soon lose its independence

Business

‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in the K-shaped economy 

Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already living on the financial edge,” the chief

Business

Apple rocked by executive departures, with chip chief at risk of leaving next

Apple Inc., long the model of stability in Silicon Valley, is suddenly undergoing its biggest personnel shake-up in decades, with senior executives and key engineers

Business

Bitcoin bounces back more than 10% after brutal week

Bitcoin is known for its volatility—and lately it’s living up to that reputation. After a weeks-long stretch of decline, Bitcoin’s price jumped around 11% in

Business

The housing crisis is also a crisis of hopelessness as young Americans are giving up

The mere hope of maybe becoming a homeowner someday is such a potent motivator that it affects how people work, consume and invest, but many

Business

Top designers explore whether the private sector can move the needle on UN SDGs

In 2022, designers from ten of the world’s largest organizations joined hands for a charitable cause. Their alliance, Design for Good, brainstormed ideas on how

Business

Syfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential

The fintech industry moved into the modern era from something deeper than just better technology. The Global Financial Crisis of 2008 triggered a crisis of

Business

Farmers remain unsettled on trade, even after China’s biggest U.S. soybean purchase in 2 years

China just placed its largest order of U.S. soybeans in two years, offering a sign of improving trade conditions after months of China snubbing American

Business

‘Bond King’ Jeffrey Gundlach warns of the next financial crisis: ‘It has the same trappings as subprime mortgage repackaging in 2006’

Jeffrey Gundlach, the billionaire founder and CEO of DoubleLine Capital, warned on Monday of an area he’s concerned about, and it’s not a bubble related

Business

The Trump administration engaged in a ‘concerted campaign to purge’ left-wing views from top universities, judge says in UCLA funding case

The Trump administration cannot fine the University of California or summarily cut the school system’s federal funding over claims it allows antisemitism or other forms