Business

Disgraced Theranos founder Elizabeth Holmes asks Trump to commute sentence

Disgraced Theranos founder Elizabeth Holmes has filed a request asking President Donald Trump to commute her federal prison sentence, according to the U.S. Justice Department’s Office of the Pardon Attorney. The commutation request was filed in 2025 and is currently listed as pending, meaning the clemency case has been opened,…

Fed’s favored inflation gauge shows consumer prices remained elevated in November

The Federal Reserve’s preferred inflation gauge showed that consumer prices remained elevated in November, ahead of the central bank’s policy meeting next week. The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.2% in November on a monthly basis and is up 2.8% from last year. While…

Wall Street’s Texas move gains steam as NYSE Texas hits 100-company milestone

The New York Stock Exchange’s quiet expansion into Texas is gaining rapid traction, with NYSE President Lynn Martin revealing that more than 100 companies have already dual-listed on NYSE Texas in under a year — a milestone that underscores Wall Street’s accelerating pivot toward the Lone Star State’s pro-business climate.…

US negotiating ‘total access’ to Greenland, Trump tells Maria Bartiromo

President Donald Trump’s administration is negotiating a deal to secure the U.S. “total access” to Greenland, Trump told Fox Business on Thursday. Trump made the announcement during a conversation with Fox host Maria Bartiromo, reiterating his claims that the U.S. must have a presence on Greenland for national security.”Everything comes…

Costco borrows tech upgrade from competitor to boost member experience

Costco has made several changes to enhance the shopper experience, its CEO said during an earnings call last month.  The big-box retailer has streamlined the checkout process to make it fast and more efficient, meaning shoppers are in and out of stores faster, freeing up parking spaces for others, TheStreet…

US set to exit WHO as unpaid fees remain and legal hurdles mount ahead

The U.S. is set to officially exit the World Health Organization on Thursday, one year after President Donald Trump signed an executive order directing the withdrawal. Trump announced on the first day of his new presidency that the U.S. would be leaving the United Nations health agency, but under U.S.…