Business

WASHINGTON — The White House said Thursday that it has fired a member of the Surface Transportation Board, a move that comes as the independent federal regulatory agency is considering the proposed merger of Union Pacific and Norfolk Southern railroad companies. “Earlier this evening, I received an email from the White House purporting to terminate my position at the Surface …

A shopper holds Macy’s bags outside the company’s flagship store in the Herald Square neighborhood of New York, US, on Tuesday, July 15, 2025. Alan Chin | Bloomberg | Getty Images The U.S. economy grew at an even faster than thought pace in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic product rose at …

He designed the Cracker Barrel logo. Now it’s caught in a culture war.  The Washington Post Cracker Barrel customers in the company’s hometown weigh in on logo: ‘If something’s not broke, don’t fix it’  Fox Business Cracker Barrel had good reasons to rebrand. But after its new logo misfired, here’s what’s next  AP News After right-wing backlash, Cracker Barrel says it will get …

Trump’s Fed Feud Spotlights Mortgage Data Privacy: Is Your Information Public?  The New York TimesView Full Coverage on Google News Source link

WASHINGTON (Reuters) — Contracts to buy previously owned U.S. homes fell more than expected in July as higher mortgage rates and a slowing labor market sidelined prospective homeowners. The National Association of Realtors said on Thursday pending home sales, based on signed contracts, slipped 0.4% last month. Economists polled by Reuters had forecast contracts, which become sales after a month …

A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers. Vertigo3d | E+ | Getty Images There is growing evidence that the widespread adoption of generative AI is impacting the job prospects of America’s workers, according to a paper released on Tuesday by three Stanford University researchers. The …

WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars. In an upgrade from its first estimate in July, the Commerce Department said Thursday that U.S. gross domestic product — the nation’s output of goods and services — expanded at a 3.3% annual pace from April through June …

New federal guidance surrounding COVID vaccine authorization could make it more difficult for many people to be inoculated against the circulating — and, now, seasonally spiking — coronavirus. Under the approval for the updated COVID-19 vaccines that was issued Wednesday by the Food and Drug Administration, adults younger than 65 who are otherwise healthy would need to consult with a …

Federal Reserve governor Lisa Cook has sued President Donald Trump over attempt to fire her, setting up a potential legal battle over the US central bank’s autonomy. Cook has asked the court to declare Trump’s firing order “unlawful and void”, and also named Fed Chairman Jerome Powell and the Board of Governors as defendants. Trump has said there was “sufficient …

Broadcom Stock Rises After Nvidia Earnings. How the Results Impact the Chip Sector.  Barron’s Nvidia stock turns positive in premarket trading as investors buy dip following earnings report  CNBC Stock market today: Dow, S&P 500, Nasdaq waver after Nvidia earnings, GDP, jobs data  Yahoo Finance NVIDIA Announces Financial Results for Second Quarter Fiscal 2026  NVIDIA Newsroom Stock Market Today: Dow Futures Gain After GDP …