Business
As Washington’s partisan standoff deepens, the Labor Department is preparing for a potential halt in economic data if there is a partial government shutdown. The timing is especially sensitive. This week, the department is scheduled to release several closely watched reports that will offer important clues about the economy and…
New York state Assemblyman and New York City mayoral candidate Zohran Mamdani said that a “cornerstone” of his campaign is to increase funding for the legal defense of illegal immigrants facing deportation. Mamdani, a self-described democratic socialist who won the Democratic nomination in the mayoral race, said on MSNBC’s “The Weekend:…
McDonald’s is bringing back its famed Monopoly game for the first time in nearly a decade with lucrative prizes as the brand continues to try to lure back customers. Starting Oct. 6, the game will return for a limited time. Instead of a physical board, customers will play through the…
German aviation group Lufthansa is cutting 4,000 administrative jobs over the next five years as it seeks to raise profitability targets. By 2030, Lufthansa, which operates the core Lufthansa German Airlines brand, along with other airlines like Swiss, Austrian Airlines and Brussels Airlines, plans to reduce 4,000 administration jobs through…
Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies and more – is going private in a deal valued at roughly $55 billion. Saudi Arabia’s Public Investment Fund, private equity firm Silver Lake and Jared Kushner’s Affinity Partners will acquire EA in the all-cash…
Traders on the prediction market platform Kalshi now place the odds of Democratic socialist Zohran Mamdani winning the New York mayoral race at 84%, after Mayor Eric Adams ended his re-election campaign on Sunday, just five weeks before Election Day. Former Gov. Andrew Cuomo, who is running as an Independent,…
With New York City Mayor Eric Adams’ surprise exit from the race on Sunday, democratic socialist mayoral candidate Zohran Mamdani’s plan to freeze rent may get even more attention from freebie-loving voters, but it’s raising concerns for real estate and business leaders that say similar progressive policies have resulted in…
The Trump administration announced on Monday a $625 million investment to boost America’s coal industry, a plan that aims to keep coal plants open, lower energy costs and enable the U.S. to win the global race for dominance in artificial intelligence. U.S. Energy Secretary Christopher Wright made the announcement of…
The body of a stowaway has been found in the landing gear of an American Airlines flight from Europe after it arrived at Charlotte Douglas International Airport in North Carolina, police have confirmed. Maintenance staff found the body shortly after 9 a.m. Sunday while servicing the aircraft on Hangar Road…
More than one million kitchen appliances have been recalled due to posing a burn hazard. Seven different model numbers of Oster French Door Countertop Ovens sold at major retailers in the U.S. and Canada are impacted, according to the recall notice on Oster’s website. “Out of more than 1.2 million units…