New York City mayoral candidate Zohran Mamdani's plan for a $30 an hour minimum wage could make it harder for Americans to access entry-level jobs by speeding up automation.Mamdani, the 33-year-old st...
Salesforce has cut 4,000 customer support jobs and replaced them with artificial intelligence (AI) agents, CEO Marc Benioff said recently. Benioff made the comments while discussing how the new techno...
McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the fast-food giant brought back its Extra Value Meals this week in hopes of capturing budget-conscious consumers. Kempczinski made t...
The Treasury Department unveiled its list of jobs that will be covered by the Trump administration's "no tax on tips" policy under the One Big Beautiful Bill Act (OBBBA).President Donald Trump made "n...
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration of a national housing emergency in an effort to address high housing prices and limited invento...
A key leader in the world economy is warning that undue interference in the Federal Reserve's operations by President Donald Trump could pose a serious economic risk to the U.S. and the rest of the wo...
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck barrier designed to prevent intrusions in a design change that's been in the works since the Sept. 11, 2...
President Donald Trump on Friday requested that a federal judge deny a request by Federal Reserve Governor Lisa Cook to prevent the president from firing her, as the court proceedings in the lawsuit t...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month.The Commerce Depa...
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year...
The U.S. economy grew at a faster rate than previously thought in the second quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for the lates...
Five new Amtrak trains will begin rolling out between Washington, D.C., New York and Boston at top speeds of 160 mph starting Thursday.The inaugural NextGen Acela ride is taking off from Washington’s ...
