Fed's Williams Backs More Rate Cuts Due to Labor Slowdown Risk
John Williams, President and CEO of the Federal Reserve Bank of New York, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024. (Saul Loeb/AFP via Getty Images)
Federal Reserve Bank of New York President John Williams supports more interest rate cuts this year in view of the risk of a further slowdown in the labor market, he said in an interview published by The New York Times on Thursday. [Full Story]
US Probes 2.9M Teslas Over FSD Traffic Violations
The U.S. National Highway Traffic Safety Administration said on Thursday that it is opening an investigation into 2.88 million Tesla vehicles equipped with its Full Self-Driving system over more than 50 reports of traffic-safety violations and a series of crashes.The auto...... [Full Story]
Bessent: US Finalizes $20B Economic Lifeline for Argentina
Treasury Secretary Scott Bessent said Thursday that Washington had [Full Story]
Trump Admin Weighs Extra $12B Clean Energy Cut
The federal government is considering canceling $12 billion in [Full Story]
Republicans Move to Undo Biden-Era Mining Rules
Congressional Republicans voted Thursday to roll back restrictions on [Full Story]
N.Y. AG  James, Who Targeted Trump, Indicted on Bank Fraud Charge in Va.
New York Attorney General Letitia James, who has built much of her [Full Story]
Jamie Dimon: Fear Market Crash More Than Wall Street
JPMorgan Chase CEO Jamie Dimon says he's "far more worried" about a [Full Story]
Pharmacies, Drug Discounters Discussing TrumpRx Role
Retail pharmacies and prescription drug savings site GoodRx are [Full Story]
Kimmel: Critics 'Mischaracterized' Remarks on Charlie Kirk
Jimmy Kimmel is accusing his critics of having "intentionally and [Full Story]
Warner Music in Talks With Netflix for Artist-Based Films: Report
Warner Music Group is nearing an agreement with Netflix to create a [Full Story]
Travelers Rethink Plans as Gov Shutdown Causes Flight Issues
The federal government shutdown is hamstringing the U.S. travel [Full Story]
Fed's Williams Backs More Rate Cuts Due to Labor Slowdown Risk
Federal Reserve Bank of New York President John Williams supports [Full Story]
US Stocks Hit Records After Briefest of Stumbles as Gold's Price Keeps Rising
Wall Street's pause from its record-breaking rally didn't last long. [Full Story]
Long John Silver's Rebrand Sparks Fears of Customer Revolt
Long John Silver's, the nautical-themed fast-food chain, has unveiled [Full Story]
IRS to Furlough Nearly Half Its Workforce as Govt Shutdown Enters 2nd Week
The IRS will furlough nearly half of its workforce on Wednesday as [Full Story]
Senate Votes to End Govt Shutdown Both Fail Again
A Democrat bill to fund the U.S. government and end a shutdown was [Full Story]
World Economy Not Doing as Badly as Feared, IMF Chief Says
The global economy is doing better than expected, even as it faces [Full Story]
OpenAI, Anthropic Eye Investor Funds to Settle AI Lawsuits
OpenAI and Anthropic are exploring the use of investor funds to [Full Story]
Sen. Cruz's Bill Allows Censorship Lawsuits Against Govt
Sen. Ted Cruz, R-Texas, is planning to introduce legislation that [Full Story]
Fed's View of Neutral, Reshuffled by Miran, a Key to Inflation Concerns
New Federal Reserve Governor Stephen Miran might not have won [Full Story]
Stellantis CEO Revamps Top Team in Bid to Revive Ailing Automaker
Stellantis CEO Antonio Filosa carried out a shake-up of the [Full Story]
Tesla's Cheaper Model Y Faces Crowded Field in Europe
Tesla's lower-priced versions of its staple Model Y SUV and Model 3 [Full Story]
Bank of England Warns of 'Sharp Correction' in Markets if Mood Sours on AI, Fed
Global financial markets could tumble if investors' mood sours on the [Full Story]
Wall Street Futures Tick up With Fed Commentary, Minutes in Focus
U.S. stock index futures inched higher on Wednesday after declines a [Full Story]
Staffing Woes Delay More Flights as Shutdown Hits Day 7
Staffing shortages led to more flight delays at airports across the [Full Story]
Thomas Kolbe
Lagarde painted an unusual overall picture, a narrative that clearly fits into the ongoing currency war with... [Full Story]
Max Baecker
In early October 2025, futures were trading near $3,900 per ounce, a record high. Daily trading volumes have... [Full Story]
Michael Busler
In 1996, the federal government sought a way to spur economic activity and bolster tax revenues. The... [Full Story]
Peter Morici
Twitter @pmorici1
Businesses aren't going to pay more than they believe they can obtain in additional value from an immigrant... [Full Story]
George Mentz
How Trump is Building the Age of Prosperity... [Full Story]
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