Jan 28 Workers at a Philadelphia Whole Foods Market become 1st in the nation to unionize By Haleluya Hadero, Lisa Baumann, Associated Press Whole Foods said it was "disappointed" by the results. Continue reading
Jan 27 Senate confirms Scott Bessent as treasury secretary By Fatima Hussein, Associated Press Bessent will now have the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth. Continue reading
Jan 27 Tech stocks tank as Chinese AI competitor makes its debut By Stan Choe, Associated Press The S&P 500 dropped 1.5 percent, dragged down in large part by a 16.9 percent fall for Nvidia. Other Big Tech stocks also took heavy losses. Continue reading
Jan 27 What is DeepSeek? Here's a quick guide to the Chinese AI company By Matt O'Brien, Associated Press Some U.S. tech industry observers worry the Chinese startup has caught up with the American companies at the forefront of generative AI at a fraction of the cost. Continue reading
Jan 27 Tech stocks fall sharply after Chinese AI company announces inexpensive large language model By Stan Choe, Associated Press Stocks outside of AI-related industries held up much better, though, and the Dow Jones Industrial Average was down just 58 points. Continue reading
Jan 25 Watch 7:04 The effect of removing medical debt from millions of Americans' credit scores By Ali Rogin, Andrew Corkery More than 100 million Americans are burdened with medical bills they can’t pay. In the final weeks of the Biden administration, the Consumer Financial Protection Bureau issued new rules banning credit agencies from including medical debt on credit reports, starting… Continue watching
Jan 24 How Michigan's EV industry is responding to Trump's policy changes By Alexa St. John, Associated Press While President Trump took aim at the electric vehicle industry this week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its No. 1 destination for electric vehicle investment. Continue reading
Jan 24 Target says it is ending its DEI goals and programs, citing an 'evolving external landscape' By Anne D'Innocenzio, Associated Press Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this… Continue reading
Jan 24 2024 U.S. home sales fell to the lowest level in nearly 30 years as prices and mortgages soared By Alex Veiga, Associated Press The National Association of Realtors said Friday that existing U.S. home sales totaled 4.06 million last year, a 0.7% decline from 2023. Continue reading
Jan 23 Watch 3:16 How global business leaders are responding to Trump's tariff threats By Geoff Bennett, Jackson Hudgins Before an audience of world leaders and top business people, President Trump tried to convince them to invest in the U.S. by promising lower taxes and threatening tariffs if they don't. Geoff Bennett discussed the various messages and threats with… Continue watching