The Gateway Tunnel site near W. 30th St. and 11th Ave. in Hudson Yards, Manhattan on Oct. 23, 2025. Barry Williams | New York Daily News | Getty Images The Trump administration on Wednesday released the rest of the funds it had been withholding for the construction of a major rail tunnel between Manhattan and…
This Sept. 19, 2014 file photo shows retail mogul Leslie Wexner, at the Wexner Center for the Arts in Columbus, Ohio. Wexner is severing his last ties with the retail empire that he founded in 1963. Jay LaPrete | AP A congressional deposition of Leslie Wexner, one of Jeffrey Epstein‘s closest known associates and top…
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026….
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Mortgage interest rates dropped last week to the lowest level in a month, prompting more current borrowers to seek savings in a refinance. While lower rates didn’t give potential buyers much…
“Late Show” host Stephen Colbert on Tuesday night called CBS’s denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration. Colbert’s broadside came hours after CBS…
A Ford F-150 Lightning next to a Tesla Cybertruck. Michael Wayland / CNBC DETROIT — Ford Motor‘s $5 billion “bet” on its next generation of all-electric vehicles will feature a budding technology that Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday. The system, known as a 48-volt electrical architecture, had…
Michael Selig, U.S. President Trump’s nominee to serve as Commodity Futures Trading Commission (CFTC) chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill in Washington, D.C., U.S., Nov. 19, 2025. Jonathan Ernst | Reuters The Commodity Futures Trading Commission filed an amicus brief in federal court on Tuesday to assert…
Six-time NBA Champion Los Angeles Lakers owner Jeanie Buss said new majority owner Mark Walter’s access to capital will help the team best compete with the NBA’s top franchises — and that her late father, Jerry Buss, would have supported the sale. “What was important to him was that the Lakers stay at the top…
An aerial view of the Paramount logo displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 billion. Mario Tama | Getty Images Warner Bros. Discovery on Tuesday said it…
Civil rights activist Jesse Jackson Sr yells and gestures during a campaign speech, 1988. Afro Newspaper/Gado | Archive Photos | Getty Images The Rev. Jesse Jackson, a civil rights icon, Baptist minister and two-time Democratic presidential candidate, died Tuesday at age 84. The Jackson family confirmed his passing in a statement on Tuesday morning. “Our…
