The weaker-than-expected July jobs report and large downward revisions to the prior two months’ job gains could signal that the U.S. economy is at a turning point, as Federal Reserve policymakers continue to monitor economic conditions and weigh interest rate cuts. Fed Governor Lisa Cook spoke on a panel with Boston…

The ESPN-NFL deal reportedly faces a major roadblock from the United States Department of Justice (DOJ). The sides agreed to a deal, formally announced Tuesday, in which ESPN will acquire NFL Network and other media assets, including NFL RedZone, from the National Football League in exchange for the league taking…

President Donald Trump called on Intel CEO Lip-Bu Tan to step down immediately on Thursday after Senate Republicans raised concerns over his links to Chinese companies and a criminal case involving his former company. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution…

With football season approaching, it’s nearing the time to stock the fridges with Sunday beers. This season, with the help of Bud Light, football fans everywhere have a chance to make this season the best, even if you’re a fan of one of the 31 teams who won’t win the…

The top actuary for Social Security’s trust funds on Tuesday confirmed that the insolvency date of those funds has moved up due to the recently-enacted tax and spending package, leaving policymakers with a little less time to stabilize the program’s finances. The Office of the Chief Actuary for Social Security sent…

Credit bureaus were supposed to start incorporating buy now, pay later (BNPL) data into credit scores given how the payment method has surged in popularity, but several of the firms issuing these short-term loans are refusing to share their data for now.  Major players in the BNPL space, including Klarna…

President Donald Trump’s higher import taxes on dozens of countries went into effect on Thursday, just as the economic impact of his earlier tariffs had started to show visible harm to the U.S. economy. The new broad tariffs went into effect just after midnight on Thursday, going as high as…

The Senate stripped language that would close a hemp loophole from its Agriculture Appropriations Bill, but with the House holding firm, the hemp industry remains in the weeds. “This bill that we’re here to discuss today is really designed to ban the industry. It does give us a year in…

A 24-year-old CEO is rethinking and reshaping the hiring landscape – and America’s career pipeline – by taking an outspoken stance on college degrees and an aging workforce. “Gen Z right now, you have a lot of power. All the corporations in America are trying to cater to you,” Sotira…

Traders on the prediction market platform Kalshi place the odds of President Donald Trump selecting Kevin Hassett to succeed Federal Reserve Chairman Jerome Powell at 48%, a 27 percentage point increase this week. Kevin Warsh follows as the next most likely contender, with Kalshi bettors assigning him a 29% chance…