Hiring managers are paralyzed by Trump’s tariffs and Powell’s rate hikes, JOLTS report reveals
U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool. The Labor Department reported Wednesday…
Business
Lose-lose: Even if the Supreme Court strikes down Trump’s tariffs, consumers likely wouldn’t see a dime from refunds
President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes—tariffs—he’s…
Tariff instability and a break with China is hitting American companies hard, and homegrown manufacturer John Deere is no exception
John Deere is the kind of homegrown, domestic manufacturer President Donald Trump claims to support, yet his tariffs and hostility…
Google antitrust order would benefit AI rivals like OpenAI, Meta and Perplexity
Many of Google’s AI rivals will have been disappointed to see the tech giant escape largely unscathed from its first…
Ray Dalio: ‘Most people are silent’ about US economy due to fear of speaking out
Billionaire investor Ray Dalio has delivered a stark warning about the state of American discourse around the nation’s economic challenges,…
Figma is getting crushed in its post-IPO earnings debut; CEO Dylan Field is focused on AI’s long term power to ‘raise the ceiling’
Shares of design software company Figma plunged 14% in extended trading, as investors took a dim view of Figma’s first…
McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief executive Chris Kempczinski…
One out of every 4 homes is at ‘severe or extreme’ climate risk, study says
More than one in four U.S. homes—amounting to $12.7 trillion in real estate—faces at least one type of “severe or…
With market on edge over jobs, openings crash to lowest point in nearly a year
With Wall Street on edge about Friday’s jobs report for August—the first since July’s shocker, which included a massive downwards…
Meet the $100m AI startup that wants to kill the billable hour
Eudia, a Palo Alto-based AI startup, is offering something entirely new: the world’s first AI-augmented law firm. Its end goal…
