Why does an independent Fed matter? Just look at Ronald Reagan’s economy with Paul Volcker hiking rates to nearly 20%
President Donald Trump this week called on a Federal Reserve governor to resign over...
Airline customers are suing Delta and United, claiming millions of travelers paid extra for window seats only to be seated next to windowless walls
Delta Air Lines and United Airlines were sued this week by passengers claiming they...
Sony will pass on tariff costs to U.S. consumers by hiking Playstation 5 prices
Sony announced Wednesday it will raise PlayStation 5 console prices in the United States...
Sam Altman’s AI paradox: Warning of a bubble while raising trillions
Welcome to Eye on AI! AI reporter Sharon Goldman here, filling in for Jeremy...
Novo Nordisk slashes price of Ozempic in half to $499 for cash-paying, eligible U.S. patients
Novo Nordisk has announced a sweeping reduction in the cost of its blockbuster diabetes...
Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says
Special U.S. envoy Steve Witkoff said Sunday that Russian leader Vladimir Putin agreed at...
The twisted economics of ‘RushTok’: Some sorority pledge influencers can pay their tuition, but they’re fleeing online hate and backlash
Kylan Darnell became an overnight celebrity in the TikTok niche that documents the glitzy,...
More outages, aging infrastructure, and a bicoastal dysfunction: BofA warns America’s grid is 30%-46% ‘beyond its useful life’
The electrical grid is the backbone of modern America. It powers powers everything from...
Ikea’s incoming CEO started his career as a store manager—he recalls working at 5 a.m. in the loading area and eating hotdogs with the founder
Staying loyal to one company for decades feels like a career strategy of the...
How Binance’s Yi He became ‘the most powerful woman in crypto’—and steered the company past its biggest ordeal
When Yi He was a girl in the 1980s, she walked to the well...