Business
A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty over economic conditions and how financial markets will react. It’s unclear when lawmakers will reach a compromise that allows them to end the shutdown, but experts anticipate that financial markets will…
Wake up, high-income earning Americans: a tax shift the size of a wrecking ball is barreling toward your retirement account. Starting in 2026, people age 50 and over who make more than $145,000 in wages (from a single employer) will no longer be allowed to make pretax “catch-up” contributions to their 401(k).…
During his storied NFL career, Tom Brady won more Super Bowls than any other player in history. Since stepping away from the football field, Brady has cemented himself as an astute businessman. He holds a minority stake in the Las Vegas Raiders, owns a content production company, and serves as…
Royal Caribbean International is grappling with a norovirus outbreak that has sickened nearly 100 people aboard one of its ships so far. More than 90 passengers and four crew members aboard Royal Caribbean International’s Serenade of the Seas have reported being ill during the voyage, according to the CDC. This…
Seven-time Super Bowl champion Tom Brady may have retired from the gridiron, but he’s hardly stepped away from competition. The NFL legend is now channeling the discipline and strategy that defined his career into the business world – building partnerships, backing innovation, and, as he puts it, focusing on earning…
In a sweeping change for the nation’s largest retailer, Walmart U.S. will eliminate synthetic dyes along with 30 ingredients from its private food labels. In-house brands Great Value, Marketside, Freshness Guaranteed and Bettergoods will undergo what is one of the largest retail brand overhauls ever and the first for a…
The Screen Actors Guild–American Federation of Television and Radio Artists (SAG-AFTRA) condemned the creation of actress “Tilly Norwood” through artificial intelligence in a statement Tuesday. Tilly Norwood was first introduced by Xicoia, the artificial intelligence division of the production company Particle6, in July after being featured in a comedy sketch,…
Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around 3:30 p.m. ET, putting him about $150 billion ahead of Oracle co-founder Larry Ellison, the world’s second-richest person, Forbes reported.Musk’s wealth…
Passengers aboard an American Airlines jet headed from California to Massachusetts were delayed Sunday after it had to abort takeoff. American Airlines flight 2453 was attempting to leave Los Angeles International Airport (LAX) for Boston around 10:35 p.m. when “the crew observed another aircraft on the runway,” the airline confirmed…
Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one “grocery essentials” collection. The retail giant’s new brand features more than 1,000 grocery items, ranging from milk and olive oil to produce, meat and seafood, with…