Business news

Business news • May 24

‘No nonsense’ Wall Street titans playing nice with Mamdani are part of the problem

What are these Wall Street titans afraid of, exactly? Jamie Dimon and David Solomon — maybe the two most powerful bankers in New York — are invariably...

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Business news • May 24

Ex-Meta employee says non-Chinese workers were targeted for layoffs | Hindustan Times

A laid-off Meta engineer has alleged that he was routinely excluded and ostracised by his Chinese colleagues at the company. Meta employee Jeremy Bernier...

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Business news • May 24

NJ Transit resumes rail line after suspension from downed tree

A Jersey Shore rail line has resumed service, after it was suspended due to a downed tree amid a dreary Memorial Day weekend, NJ Transit announced Saturday...

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Business news • May 24

Trump Mobile Phone Review: My Long Weekend With The Golden T1

The golden Trump phone is here, and we're putting it through its paces to see how it matches up with other foreign-made phones on the market.

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Business news • May 23

A rebound is underway, amid renewed investor interest in AI-related stocks.

MarketSummary for Last Week (May 18–May 22): The Nikkei 225 reached a high of ¥63432.41, a low of ¥59292.25, and closed at ¥63339.07, up 3.14% from the...

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Business news • May 23

The Booing Will Continue Until Commencement Speeches Improve

You'll never guess which technology Scott Borchetta of Big Machine Label Group wants the class of 2026 to embrace.

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Business news • May 23

Walmart shares a dire warning to customers

Walmart says growing pressures are becoming harder to manage as conditions continue to shift.

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Business news • May 23

Trump’s 3,711 trades point to multiple stock-market strategies

President Donald Trump's latest financial disclosure has drawn scrutiny for its astonishing scale: 3,711 trades, almost entirely in shares of companies...

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Business news • May 23

Memorial Day grilling recipes to kick off cookout season

In the United States, Memorial Day is a time to honor the nation's fallen service members. The holiday has also become synonymous with the unofficial start...

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Business news • May 23

Indicted Sonoma real estate mogul Ken Mattson to vacate his luxury Sonoma estate as part of bankruptcy

Ken and Stacy Mattson have agreed to vacate their luxury Sonoma estate as part of LeFever Mattson bankruptcy.

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Business news • May 23

Bitcoin prices news: BTC heads back to $77,000 on Middle East peace deal

Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern...

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Business news • May 23

LIRR strike ended with solid raises for workers, but no reforms to costly work rules

The three-day Long Island Rail Road strike ended with a deal Monday that gave workers a solid raise — but the MTA settled without reforms to notorious work...

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Business news • May 23

'Biggest Wealth Divide in Modern History': Graphic Shows Shocking Reality of US Economy

US consumer sentiment plummets as stock market hits record highs. Wealth divide grows as top earners drive consumer spending.

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Business news • May 23

Mexican chain Guzman y Gomez suddenly closes all restaurants in Lake, McHenry counties and surrounding area

Guzman y Gomez, an Australian-based Mexican chain, has suddenly shut down all of its restaurants in Lake and McHenry counties as it exits the Chicago area...

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Business news • May 23

The legal fallout of Xbox's acquisition of Activision Blizzard is finally over

Nearly four-and-a-half years after the acquisition was first announced, Microsoft has finally settled the last remaining legal challenge to its acquisition...

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Business news • May 23

I saw up close the dark reality of OpenAI’s race to create god

When Karen Hao was embedded with the secretive makers of ChatGPT, she discovered paranoia and religious fervour in their pursuit of superhuman power.

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Business news • May 23

Memorial Day traveler guide: The best and worst times to be on the road this weekend, and current gas prices at the pump

Despite soaring gas prices, more than 39 million people will hit the road this weekend, according to AAA.

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Business news • May 23

SpaceX’s Starship V3—still a work in progress—mostly successful on first flight

SpaceX has more to prove before flying Starship all the way to low-Earth orbit.

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Business news • May 23

Family demands answers after eldery woman dies following altercation at Tim Hortons

Tawnda Grayson accused Fort Wayne police of tampering with surveillance footage tied to her mother's death at a Tim Hortons restaurant.

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Business news • May 23

The Fed's worst inflation fears may be coming true as consumers lose faith in long-term prices

"Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run."

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