Business > Economy

The Pragmatic Roots of Biden's Incoherence

24 minutes ago   |   The New Republic

On Sunday, Miami real estate developer Craig Robins introduced Joe Biden at a fundraiser by telling prospective donors that Biden is a candidate seeking “a solution that could...
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Powell says a 'sequence' of rate cuts could be needed if economy turns, but doesn't see that now

38 minutes ago   |   CNBC

Jerome Powell pledged that the central bank would engage in a "sequence" of interest rate cuts if conditions warrant, but he doesn't see that as necessary now.
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California Gov. Gavin Newsom Signs Law That Could Upend Uber, Lyft

California Gov. Gavin Newsom Signs Law That Could Upend Uber, Lyft

52 minutes ago   |   The Huffington Post

The law could transform the gig economy by requiring some companies to reclassify independent contractors as employees and provide added benefits.
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Fed slices interest rates for second time since the 2008 recession

1 hour ago   |   NBC News   |   2 articles

The Fed also injected $75B into the economy, after companies withdrew capital to pay taxes. The last time the Fed made such a move was during the 2008 financial crisis.
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Business leaders wary of spending and hiring in current economy: survey

Business leaders wary of spending and hiring in current economy: survey

1 hour ago   |   New York Post

Chief executives and chief financial officers are increasingly worrying about the economy, two separate surveys found. The CEO Economic Outlook Index, released by the Business...
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Facebook, Ford, and other blue-chip companies are backing a coalition to stop Trump from imposing tariffs without Congress' approval

Facebook, Ford, and other blue-chip companies are backing a coalition to stop Trump from imposing tariffs without Congress' approval

3 hours ago   |   Business Insider

A group of business lobbies - which count Facebook and Ford among their members - has created a new coalition to stop Trump enacting tariffs without approval from Congress. The...
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Trade War Update: More China Stimulus, Less China Shoppers

3 hours ago   |   Forbes

China playing Survivor against Trump: Outwit. Outlast. Outplay. A weaker U.S. economy will do Xi no favors.
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Trump Orders Tighter Sanctions on Iran After Attack on Saudi Arabia

4 hours ago   |   Time   |   2 articles

U.S. President Donald Trump ordered tighter sanctions on Iran days after strikes on Saudi Arabia's biggest oil installation rattled energy markets and raised the specter of a...
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Atlanta Fed model estimate for U.S. third-quarter GDP edges up to 1.9%

4 hours ago   |   Reuters

The U.S. economy is likely growing at a 1.9% annualized rate in the third quarter, based on the latest data on industrial output and housing starts, the Atlanta Federal...
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7 Profit-Boosting Ways to Protect Your Business From a Recession

4 hours ago   |   Business

Pundits may disagree on the date, but they agree on one thing: a recession is coming. When an economic downturn strikes, you need to be ready. At the same time, you can't miss...
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Sandy Hook parents made a chilling back-to-school video that shows the...

Sandy Hook parents made a chilling back-to-school video that shows the horrifying reality of school shootings

The Sandy Hook Promise , a nonprofit founded by families of those whose loved ones were killed in the Sandy Hook Elementary School shooting in 2012, released a back-to-school... Read more ...

The Fed cuts rates for 2nd time since financial crisis - but defies Trump's...

The Fed cuts rates for 2nd time since financial crisis - but defies Trump's calls for 'big' stimulus

The Federal Reserve decided to ease borrowing costs for the second time since the financial crisis on Wednesday. The decision came as policymakers sought to insulate the... Read more ...

A new 'Call of Duty' game is coming to iPhone and Android on October 1...

A new 'Call of Duty' game is coming to iPhone and Android on October 1 - Here's everything we know so far

"Call of Duty: Mobile" will launch for free on iOS and Android on October 1. The game will be focused on online multiplayer, and incorporate popular weapons, maps, and... Read more ...

Carson King donating $20k in beer money after ‘College Gameday' Venmo plea

Carson King donating $20k in beer money after ‘College Gameday' Venmo plea

Who knew a plea for Busch Light could turn into a heartwarming story? Among the hundreds of signs on ESPN's “College Gameday” on Saturday in Ames, Iowa - ahead of the Iowa... Read more ...

Facebook is launching a $149 camera that sits next to your TV and lets you...

Facebook is launching a $149 camera that sits next to your TV and lets you video chat with your WhatsApp and Messenger friends

On Wednesday, Facebook unveiled a host of new devices that it says are right in line with its overall mission of connecting people. The devices include a redesigned version of... Read more ...

AvantStay, a startup that rents properties designed for group travel, nabs...

AvantStay, a startup that rents properties designed for group travel, nabs $20 million in funding from venture funds and Olympian Shaun White

AvantStay, a short-term rental company founded in 2017, has raised $20 million in Series A funding. The funding round was led by 3L Capital, which has invested in media company... Read more ...

These are the top 10 books Goldman Sachs interns say they're reading right now

These are the top 10 books Goldman Sachs interns say they're reading right now

Goldman Sachs did a survey of its 1,800 global interns and found out how they view their lives and careers. Among them were the books they had just read. Newer books were... Read more ...

Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy

Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy

The Federal Reserve is widely expected to cut interest rates by a quarter percentage point. That could give a lift to the stock market but may not do much to help the economy... Read more ...

Goldman Sachs did a massive survey of its Gen Z interns and found they like...

Goldman Sachs did a massive survey of its Gen Z interns and found they like pot, but ignore influencers

Goldman Sachs surveyed 1,800 of its interns across the world to see what mattered most to them in life and their thoughts on everything from Brexit to how much sleep they... Read more ...

Trump might lose a crucial ally in the Middle East if Netanyahu is unseated...

Trump might lose a crucial ally in the Middle East if Netanyahu is unseated as Israel's prime minister for the first time in a decade

Israel headed to the polls on Tuesday to elect a new prime minister, putting at stake the future of its long-time leader Benjamin Netanyahu. Netanyahu, of the right-wing Likud... Read more ...