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U.S. stocks ended nearly flat Wednesday after July inflation remained above expectations, while Treasury yields rose and investors awaited Nvidia’s quarterly results. The Bureau of Economic Analysis said the personal con…
T-Mobile is laying off 77 employees across Washington state starting September 21, 2026, continuing a broad workforce reduction under CEO Srini Gopalan. Filed via a Worker Adjustment and Retraining Notification on August…
Meta Platforms Inc. agreed Wednesday to pay up to $17.1 billion to settle a landmark lawsuit filed by 47 states, the District of Columbia, Guam, Puerto Rico and the Northern Mariana Islands alleging its platforms — Faceb…
Global sports streaming platform DAZN announced the acquisition of EverPass Media on Wednesday, August 26, 2026, expanding its operational presence within the United States market. The transaction transfers the commercia…
The Commerce Department reported Wednesday that the Personal Consumption Expenditures price index rose 3.7 percent in July compared with a year earlier, matching June's annual pace. Inflation remains well above the Feder…
Panda Express co-founders Andrew and Peggy Cherng operate the restaurant chain with a focus on internal talent mobility and associate financial success. By structuring career advancement through corporate development ini…
Astronomer board of directors launched a formal investigation after a viral TikTok video showed Chief Executive Officer Andy Byron embracing Chief People Officer Kristin Cabot during a Coldplay concert in Boston. The cli…
Federal prosecutors and the Securities and Exchange Commission are investigating insurance companies controlled by billionaire Mark Walter after internal reviews found roughly $21 billion in loans should have been classi…
DICK'S Sporting Goods lowered its full-year sales and earnings forecasts on August 25, 2026, triggering a sharp stock drop of up to 31 percent during intraday trading. The company revised its full-year net sales expectat…
Hyundai Motor announced plans to launch or refresh over one hundred global vehicles by 2030, aiming to lift its operating profit margin above nine percent. Revealed during its CEO Investor Day in Seoul, the automaker pla…
Polish game developer CD Projekt RED announced that a remastered version of its blockbuster role-playing game The Witcher 3 will launch on September twenty-ninth. The release precedes a newly confirmed third expansion ti…
Six months into the U.S.-Iran war, Qatar has experienced a ninety-six percent collapse in liquefied natural gas exports due to blocked traffic through the Strait of Hormuz, resulting in twenty-four billion dollars in los…
A federal judge in Houston has declared Texas Senate Bill 12 unconstitutional for a second time, halting state enforcement of restrictions on public drag performances. U.S. District Judge David Hittner entered the perman…
Shares of Dick's Sporting Goods tumbled sharply in pre-market trading after the major American sporting goods retailer reported second-quarter financial results that missed Wall Street consensus estimates. The company po…
SpaceX has announced plans to construct a major coastal launch facility in Vermilion Parish, Louisiana, marking a significant expansion of its aerospace infrastructure. Developed in coordination with state officials, the…
American consumer confidence fell to an eight-nine point four reading in August, reaching its lowest level in seven months, according to Conference Board data released Tuesday. Persistent inflation, driven by gasoline pr…
WASHINGTON – Federal Reserve Chair Kevin Warsh prepares for his debut Jackson Hole keynote on Friday as long-term Treasury yields trade at levels not seen since 2007, raising pressure on the central bank chief to clarify…
Major U.S. automotive parts manufacturer First Brands Group has been forced into sudden liquidation following severe financial distress. The abrupt collapse of the supply chain firm sent immediate shockwaves through the …
The U.S. Securities and Exchange Commission has issued subpoenas to Goldman Sachs, JPMorgan Chase, Citigroup, and Bank of America seeking information about their role in the near-collapse of AI-focused hedge fund Situati…
Amazon has instituted a sixty percent price increase across its first-party hardware lineup, citing severe global shortages of essential memory components including NAND flash and DRAM modules. The immediate price adjust…
President Donald Trump is considering a seven point five percent tariff on Chinese goods to penalize the nation for flooding global markets with underpriced products. Three sources familiar with internal White House deli…
The Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval on Aug. 14 for World Liberty Trust Company, a national trust bank tied to President Donald Trump’s family crypto venture World …
European bicycle manufacturer Accell Group filed for bankruptcy in early August 2026, wiping out approximately 1.1 billion euros in equity invested by a consortium led by US private equity firm KKR. Acquired in January 2…
Global technology stocks experienced a severe selloff driven by rising United States Treasury yields and surging artificial intelligence infrastructure costs. The MSCI Asia Pacific index dropped 1 percent, with South Kor…
FreightWaves reported Aug. 19 that 7,058 jobs were affected by announced layoffs, closures and consolidations involving 21 companies across more than 15 states. Tyson Foods accounted for more than 3,000 positions as it c…