Business news

Business news • May 09

Spirit Airlines and the Death of Leisure for the Non-Leisure Class

Doreen St. Félix writes that the closure of Spirit Airlines is not only the death of an icon of budget air travel but a microcosm of the tumult of the Trump...

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Business news • May 09

Bosses Horrified as "AI Native" College Graduates Hit the Workplace

There's a silent epidemic building in colleges and universities throughout the country — and as you might imagine, it has everything to do with AI.

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Business news • May 09

Avelo offers special rates with discount code after Spirit shutdown

Avelo Airlines offers up to 75% off base fares for select routes to help travelers affected by Spirit Airlines' shutdown.

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Business news • May 09

Frontier Airlines jet bound for LAX hits, kills person on runway during takeoff at Denver International Airport

A Frontier flight headed to L.A. struck and killed a person who reportedly scaled a fence and ran onto a runway during takeoff Friday night in Denver.

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Business news • May 09

China April exports rebound strongly after sluggish March, trade surplus widens

Exports grew by 14.1% in April year-on-year in U.S. dollar value terms, accelerating from March and beating forecasts. China's trade surplus grew to $84.8...

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Business news • May 09

US Senate Committee set to consider long-awaited crypto bill next week

May 8 (Reuters) - U.S. senators are set to consider long-awaited legislation that would create a regulatory framework for cryptocurrency next week,...

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Business news • May 09

Stock Market News, May 8, 2026: Blistering Chip-Stock Rally Lifts Nasdaq to Another New High

Intel soars on Apple deal; Jobs number better than expected.

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Business news • May 09

Gavin Newsom rejects gas tax suspension, blames Trump for soaring prices

California drivers are paying the highest gas prices in America while Gavin Newsom still refuses to suspend the state gas tax.

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Business news • May 08

White House prepares to replace FDA leader Marty Makary amid agency turmoil

FDA Commissioner Marty Makary has faced criticism over his leadership of the agency that oversees vaccine and drug approvals.

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Business news • May 08

Major crypto bill slated for May 14 Senate Banking Committee vote

The crypto industry's top legislative priority, a bill determining oversight of digital assets, is set to advance in the Senate Banking Committee.

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Business news • May 08

Trump may fire FDA chief Marty Makary, reports say

May 8 (UPI) -- President Donald Trump intends to fire Food and Drug Administration Commissioner Marty Makary because he is frustrated with the agency.

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Business news • May 08

Trump Is Planning to Fire FDA Commissioner Marty Makary

WASHINGTON—President Trump has signed off on a plan to fire Food and Drug Administration Commissioner Marty Makary, according to people familiar with the...

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Business news • May 08

Justice Dept. Settles Case Against Provider of Meat Industry Data

The Justice Department has filed a proposed settlement in its antitrust lawsuit against Agri Stats, a data provider and consulting company for meat...

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Business news • May 08

What a stronger than expected jobs report tells us about the state of the economy

The Labor Department reported Friday that unemployment held steady in April and that the U.S. added 115000 jobs, surpassing expectations.

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Business news • May 08

Donald Trump expected to fire head of Food and Drug Administration

President Donald Trump is expected to fire Marty Makary, the head of the US Food and Drug Administration, according to people familiar with the matter,...

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Business news • May 08

USPS floats more financial aid from Congress as way to avoid running out of cash next year

The Postal Service is floating the possibility of Congress stepping in to provide more financial assistance to keep the largely self-funded agency from...

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Business news • May 08

Makary thought his job as FDA commissioner was safe – until the moment it wasn’t

HHS pushed President Donald J. Trump to oust the top drug regulator, according to a White House official.

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Business news • May 08

Stock market today: S&P 500, Nasdaq post 6th weekly win as chip stocks rally, jobs data boosts sentiment

US stocks climbed to record highs on Friday as tech led, with investors digesting a surprisingly strong April jobs report while weighing escalating tensions...

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Business news • May 08

Trump weighs firing Dr. Marty Makary as FDA chief

President Donald Trump is considering firing Dr. Marty Makary after simmering frustration with his performance as FDA chief, a source familiar with the...

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Business news • May 08

ChatGPT boom fuels a luxury housing frenzy in Bay Area

Bay Area luxury home prices surged 13.4% in the two years after ChatGPT's launch, according to Redfin, while the most affordable ZIP codes saw a 3.8%...

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