Economy

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Fed governors Bowman and Waller explain dissents in favor of interest rate cuts

Federal Reserve Governors Michelle Bowman and Christopher Waller on Friday released statements outlining why they…

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McDonald’s plans to double down on AI globally by 2027

McDonald’s is ramping up its use of artificial intelligence to streamline customer orders and sharpen…

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NYC cleaning lady recalls terrifying encounter with Manhattan office shooter

A New York City cleaning worker who came face to face with the shooter in…

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June jobs report: US added 73K jobs amid growing economic uncertainty

The U.S. economy added jobs in July – though it was at a slower pace…

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June PCE: Fed’s favored inflation gauge ticked higher in June

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June as the central…

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American distillers hope to reach trade deal with Canada by the end of the week

American distillers are keeping a close eye on trade talks as Canada and Mexico have…

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Federal Reserve leaves key interest rate unchanged for fifth straight meeting

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged,…

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Blue Sky partnership between United Airlines and JetBlue gets approval

United Airlines and JetBlue's partnership, known as "Blue Sky," has been cleared for takeoff following…

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Retirees face $172,500 in health care costs, Fidelity study finds

A 65-year-old retiring in 2025 can expect to pay $172,500 on average for healthcare and…

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NYC office shooting raises corporate security concerns for business leaders

The deadly shooting at a New York City high-rise office building Monday night raises new questions…

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