Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said “more sniffing” is needed before the Fed can cut interest rates. Here’s what to know.
Something strange has been happening with jobless claims numbers lately
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.
FAA will require more rest time for air traffic controllers amid fatigue concerns
Staffing shortfalls have led to forced overtime and tightly packed air traffic controller schedules
This investor, mentored by Peter Lynch, hasn’t abandoned the ‘Mag 7’ but is placing bets on these mid-caps
The investor has outperformed this year by staying invested in “Magnificent Seven” names but said he is hunting for opportunities in the small- and mid-cap space.
Apple pulls Meta’s WhatsApp, Threads from China App Store
Apple on Friday said it has pulled WhatsApp, Threads, Signal and Telegram from the App Store in China.
Some students are still struggling to access college aid amid ongoing FAFSA ‘disaster’
Problems with the new FAFSA have resulted in fewer students applying for college financial aid, which could impact enrollment decisions for the fall.
Los Angeles is using AI in a pilot program to try to predict homelessness and allocate aid
In Los Angeles, a homelessness prevention pilot program aims to use predictive AI to identify individuals and families at risk of becoming homeless.
Trump trial opening statements to begin Monday as ex-president loses appeal to delay hush money case
A full panel of 12 jurors and six alternates was selected Friday for the New York criminal hush money trial of Donald Trump.
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.
‘We’ve never seen anything like this’: Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return “close to normality” soon as the major transit hub deals with the fallout from unprecedented flooding.
