Fed's Williams pushes back on market expectations of a rate cut next year
New York Fed President John Williams said he expects rates to continue higher and to remain at those levels until inflation is subdued.
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Lucid and Nikola move to raise additional funds as rising costs squeeze EV startups
Lucid and Nikola said in regulatory filings that they will issue new shares to raise cash as the EV industry faces sharply rising costs for battery minerals.
NASA aims for Artemis launch attempt on Saturday after reviewing rocket engine problem
NASA announced it will make another attempt to launch the Artemis I lunar mission on Saturday, after calling off the launch on Monday due to an engine issue.
California passes bill aimed at making the internet safer for kids
The California Age-Appropriate Design Code Act would require online platforms to proactively consider how their product design could pose a danger to minors.
Goldman Sachs to lift vaccination, Covid-19 requirements in most offices next month
Goldman Sachs said Tuesday it will lift Covid-19 requirements in most offices beginning Sept. 6, in response to new guidance from federal health officials.
Job openings top 11.2 million in July, well above estimate and nearly double the available workers
Available positions totaled 11.24 million for the month, well in excess of the 10.3 million FactSet estimate, according to the JOLTS report.
Home prices weakened in June, but were still much higher than a year ago, says S&P Case-Shiller
Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices.
Mississippi governor declares emergency after Jackson's main water plant fails
The state on Tuesday issued a state of emergency for Jackson and activated the Mississippi National Guard while crews work to fix the water system.
Borrowers could get up to $300 back in their monthly budget from student loan forgiveness. Here’s how to use that money
President Joe Biden’s student loan forgiveness plan gives borrowers a chance to better their financial standing. Experts weigh in on how to make the most of it.
Chipotle Mexican Grill tests spicy chicken al pastor in two markets
It's the second time in less than a year that the burrito chain has tried out a new chicken option.
CDC cautiously optimistic that monkeypox outbreak might be slowing as cases fall in major cities
New monkeypox cases are starting to fall in major cities such as New York and Chicago.
Credit scores still sit at all-time high, despite some 'deterioration' in how Americans are faring financially
Even as consumer debt rises, the national average credit score still sits at an all-time high of 716, unchanged from a year ago, according to FICO.
Fed rate hikes won't bring down inflation as long as government spending stays high, paper says
A paper released at the same Jackson Hole, Wyoming, summit where Fed Chair Powell spoke suggests that the central bank can't do the job itself.
Honda and LG Energy Solution to build $4.4 billion EV battery plant in U.S.
The plant will be built and operated by a joint venture between the companies, which is expected to be established this year.
DOJ says review of seized Trump documents is already done, suggests request for watchdog came too late
The "limited set" of potentially privileged materials was identified by a law enforcement team separate from those investigating Trump, the DOJ said.
YouTube appoints Mary Ellen Coe as Chief Business Officer, following departure of Robert Kyncl
YouTube Chief Business Officer Robert Kyncl is leaving the company after more than 12 years.
Tesla ban on pro-union shirts violated workers' rights, labor board rules
Tesla now has to rescind or revise its dress code for factory workers.
Expect Apple to show four new iPhones and an updated Apple Watch next week
Apple's hype-filled fall launches are a signature annual event for the company
NASA postpones Artemis 1 rocket launch as engine problem leaves timing of a next attempt uncertain
NASA postponed its Artemis 1 launch that was scheduled for Monday morning.
2-year yield hits highest level since 2007 as traders weigh potential for more rate hikes
U.S. Treasury yields were higher on Monday as investors digested comments from Federal Reserve Chair Jerome Powell.
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