Aug 22 Nvidia is in talks with Trump administration about new chip for China, company's CEO says By Elaine Kurtenbach, Associated Press Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration. Continue reading
Aug 22 Wall Street rallies over hopes that the Federal Reserve will lower interest rates By Stan Choe, Associated Press Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to interest rates that investors and President Donald Trump crave so much may be on the way. Continue reading
Aug 21 Cracker Barrel's logo redesign sparks ire among some online By Associated Press Cracker Barrel is marching forward with an ongoing makeover. And to the dismay of some fans, the chain's new logo now ditches the barrel itself. Continue reading
Aug 21 The U.S. and EU release a bare-bones account of their trade deal, but it's a work in progress By Sam McNeil, David McHugh, Fatima Hussein, Associated Press Officials have left blank key areas such as wine and spirits as well as steel. And they've indicated that talks will continue on those and a slew of other important sectors. Continue reading
Aug 20 Target CEO Brian Cornell to step down as company struggles with poor sales numbers By Anne D'Innocenzio, Associated Press Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation as the place to go for affordable but stylish products. Continue reading
Aug 20 Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud By Christopher Rugaber, Associated Press Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the Fed's governing board by former president Joe Biden in 2022. Continue reading
Aug 20 What to know about Trump's bid for the U.S. government to own a piece of Intel By Michael Liedtke, Associated Press The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under President Joe Biden. Continue reading
Aug 19 Watch 7:36 The climate and market factors driving beef prices to record highs By Paul Solman, Diane Lincoln Estes Beef prices have soared to all-time highs with many families feeling the squeeze. Economics correspondent Paul Solman looks at the factors driving prices higher. Continue watching
Aug 19 Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company By Michael Liedtke, Elaine Kurtenbach, Associated Press The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on the negotiations between the Trump administration and Intel. Continue reading
Aug 17 Air Canada suspends restart plans after flight attendants defy return-to-work order By Rob Gillies, Associated Press The Canada Industrial Relations Board ordered airline staff back to work by 2 p.m. Sunday after the government intervened and Air Canada said it planned to resume flights Sunday evening. Continue reading