Business news

Business news • Jul 03

United Airlines invests in Chicago with new O’Hare terminal and more jobs

For seven decades, United Airlines has called Chicago home. Now the airline is making one of it's biggest investments yet. As O'Hare airport grew into one...

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Business news • Jul 03

Claude Fable relaunch disappoints users with nerfed performance

Claude Fable, the company's most powerful model, is now available to all users, but early impressions are disappointing, as it appears to be nowhere near...

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Business news • Jul 03

Americans face major decision with mortgage rate news

Mortgage rates have decreased, according to Freddie Mac. The average 30-year fixed mortgage rate is down six basis points to 6.43% — a seven-week low.

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Business news • Jul 03

NJ Transit is completely melting down, trains with no A/C. People stranded for hours.

Extreme heat and signal issues caused major NJ Transit rail delays, with service diverted and cross-honoring in effect.

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Business news • Jul 03

125 passengers and crew hit with highly contagious stomach virus on cruise from San Francisco

Health officials say more than 120 passengers and crew on a Princess Cruises ship were infected with a stomach virus during a 20-day trip to Canada and...

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Business news • Jul 02

Baltimore Gas and Electric seeks $8 monthly rate increase for Maryland customers

On Thursday, Baltimore Gas and Electric filed a rate hike request with the Maryland Public Service Commission affecting over 1 million customers.

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Business news • Jul 02

Meta is finally catching up to OpenAI, its AI leader says

Meta's superintelligence chief says its upcoming Watermelon model now matches GPT-5.5 on key AI benchmarks.

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Business news • Jul 02

Trump Accounts launch July 4, giving newborns $1,000. Here’s what to know

President Donald Trump is launching Trump Accounts on July 4, aiming to boost financial independence for children born during his second term.

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Business news • Jul 02

Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries...

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Business news • Jul 02

Trump blasts ‘hostile’ Fed and says Warsh ‘has to do what he has to do’ on interest rates

Trump, in the interview, also said he continues to plan to remove Fed governor Lisa Cook from the central bank's board.

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Business news • Jul 02

Charlie Javice got one win and one loss in court this week

JPMorgan Chase must keep paying the legal fees of convicted fraudster Charlie Javice, a Delaware judge ruled Thursday.

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Business news • Jul 02

Homeowners urged to clean vents as high temps prompt rush of HVAC service calls

Rochester, N.Y. — With temperatures soaring, HVAC companies across the area are reporting a surge in service calls as people try to keep cool.

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Business news • Jul 02

Carney Keeps North BC Tanker Ban, Signaling Alberta’s Pipeline Will Go South

Prime Minister Mark Carney announced a deal with British Columbia that keeps an oil tanker ban in place for Canada's north coast, and commits billions of...

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Business news • Jul 02

Meta Compute: Everyone Wants To Be A Neocloud

With Bloomberg headlines suggesting Meta could become a Neocloud, the market's reaction was immediate: aggressive sell-off of Neoclouds like Coreweave...

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Business news • Jul 02

Mark Zuckerberg said AI agent tech is advancing more slowly than expected in an internal town hall

Superintelligence at Meta is coming. But it's going to take a bit of time and elbow grease, first. That's what the company's CEO Mark Zuckerberg told...

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Business news • Jul 02

European Stocks Rally to Cap Best Week Since May: Markets Wrap

Stocks rose as the latest round of jitters about the artificial-intelligence trade subsided, with Europe's benchmark rising to an all-time high.

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Business news • Jul 02

Trump Says Fed’s Warsh Faces Board That’s a ‘Bit Hostile’

President Donald Trump said Federal Reserve Chairman Kevin Warsh may not be able to compel his colleagues on the central bank to do what the new chair wants...

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Business news • Jul 02

New Jersey becomes second state to ban surveillance pricing

New Jersey grocery shoppers will not have to worry about surveillance pricing following the Senate's 22-14 vote passing the Fair Price Protection Act,...

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Business news • Jul 02

Google loses final fight over $4.7 billion Android antitrust fine

The long-running Google battle over a huge Android antitrust fine has ended with the EU's top court upholding the penalty.

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Business news • Jul 02

Energy Dept. directs data centers to use backup generators during heat wave, freeing up power for AC

As a punishing heatwave bakes major East Coast cities, US Energy Secretary Chris Wright directed data centers in the mid-Atlantic this week to use their...

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