U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a…
Randy Holmes | Contributor | Getty Images Jimmy Kimmel’s fate at ABC is still up in the air as talks with Disney reportedly continue. The late-night host is in ongoing discussions with Disney and ABC executives about the conditions under which his long-running show “Jimmy Kimmel Live!” could return to air, according to Variety, which…
The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as Friday, after the Fed announced a quarter-point reduction to the…
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters The Trump administration stepped in to stop U.S. Steel from idling operations at its Granite City, Ill., plant, exercising new powers tied to the company’s recent takeover, the Wall Street Journal…
Torsten Asmus | Istock | Getty Images Longer-term Treasury yields jumped this week, flying in the face of the Federal Reserve’s interest rate cut, as bond investors didn’t get the assurances they sought. The 10-year Treasury yield jumped as high as 4.145% after briefly falling below 4% this week. The 30-year Treasury yield — closely…
Three years ago, Sam Altman lit the fuse for what’s become the most explosive bull run in the history of tech startups with the launch of ChatGPT. Along with OpenAI’s rapid rise to a $500 billion valuation, other prominent names like SpaceX, Anthropic and Anduril have seen astronomical markups of late. In total, a basket…
Milorad Kravic | E+ | Getty Images When buying a car, whether new or used, experts say that a specific framework can be a great starting point to keep costs down. The so-called “20-4-10” rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended…
U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos Moura | Reuters White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year….
The Panama Canal Authority is aiming to lure back lost energy trade with changes to its booking system for LNG tanker canal transits, and with a new natural gas liquids pipeline project offering energy and tanker companies an alternative to move the natural gas commodities across the critical global shipping gateway. Ricaurte Vásquez, administrator of…
A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft said on Friday that it will increase the recommended retail price of several Xbox consoles in the U.S. starting in October because of “changes in the macroeconomic environment.” The company said it would…
