Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged
WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the…
Business
Chronically delayed flight parked in Boise spurs jazz band to jam in the aisle: ‘You could just feel the energy. Everybody was so frustrated’
Passengers on a flight from St. Louis to Seattle got an unexpected pick-me-up when jazz saxophonist Dave Koz and bandmates…
President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too
It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve…
Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions
Goldman Sachs and U.S. Treasury Secretary Scott Bessent expect a stablecoin gold rush, driven by new regulations and massive potential…
Pop Mart shares soar 11% as CEO announces new mini Labubu
Shares of Chinese toy maker Pop Mart International Group Ltd. rose the most in nearly four months on Wednesday, after…
Asia’s elderly risk getting sicker for longer. Hotelier Allen Law wants to ‘bridge the gap’ between lifespan and healthspan
Residents of developed Asian economies, like Singapore, Japan, Hong Kong, and South Korea, consistently top the rankings of places with…
Walmart recalls potentially radioactive frozen shrimp sold in 13 states
Walmart has recalled frozen, raw shrimp sold in 13 states because federal health officials say it could have potential radioactive…
Sam Altman’s AI paradox: Warning of a bubble while raising trillions
Welcome to Eye on AI! AI reporter Sharon Goldman here, filling in for Jeremy Kahn. In this edition… Sam Altman’s…
Home Depot leads Dow higher as Wall Street holds steady in summer lull
Wall Street is holding steady on Tuesday, stuck in a summer lull. The S&P 500 slipped 0.2%, a day after barely…
Tether hires Trump’s top crypto official Bo Hines to help lead U.S. stablecoin expansion
The most closely watched hiring contest in crypto has a winner. Former senior White House official Bo Hines, whose departure…
