Labor costs show surprise decline in the third quarter
Unit labor costs, a measure of hourly compensation against productivity, fell 0.8% for the July-through-September period.
Biden’s AI order didn’t go far enough to address fairness, but it’s a good first step, advocates say
After the Biden administration unveiled its new AI executive order on Monday, a frenzy of industry leaders dug in to the implications of the landmark action.
Weight-loss drug Wegovy could get expanded FDA approval within six months, Novo Nordisk says
Novo Nordisk said its blockbuster weight-loss drug Wegovy could receive expanded approval from the U.S. Food and Drug Administration within six months.
Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state
In addition to a financial settlement, Uber and Lyft agreed to ongoing changes in how they pay drivers and offer benefits in New York state
Biden to travel to Maine days after mass shooting
President Joe Biden and first lady Jill Biden are scheduled to visit Lewiston on Friday.
Bobby Knight, legendary Indiana Hoosiers basketball coach, dies at 83
Knight won the NCAA championship as a player, led the Indiana Hoosiers to three championships as a coach and helped the U.S. men capture Olympic Gold in 1984.
Qualcomm gives strong forecast, signaling chip slump recovery
At the midpoint of Qualcomm’s guidance, revenue will grow slightly during the current quarter compared to last year.
Vote to expel GOP Rep. George Santos fails in House
Rep. George Santos, R-N.Y., has pleaded not guilty to a raft of federal fraud and theft charges.
Apple expected to post fourth consecutive quarterly sales decline Thursday
Analysts haven’t missed Apple’s lack of growth this year and want to see the company thriving again.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September.
