Sep 24 A jury will look at whether Amazon tricked customers into joining Prime — and made it hard to leave By Gene Johnson, Sally Ho, Associated Press The Federal Trade Commission sued Amazon in U.S. District Court in Seattle two years ago and has alleged more than a decade of legal violations, including of the Restore Online Shoppers' Confidence Act, a 2010 law designed to help ensure… Continue reading
Sep 22 Oracle will manage TikTok’s algorithm for U.S. users under Trump administration deal By Chris Megerian, Associated Press The decision addresses U.S. national security concerns over the China-based social media platform. Continue reading
Sep 21 Trump says Murdochs and Dell could potentially take part in U.S.-China TikTok deal By Alan Suderman, Associated Press President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the U.S. will take control of the social video platform TikTok. Continue reading
Sep 19 What you need to know about the government’s 10% stake in Intel By Hannah Grabenstein Though the government has purchased portions of U.S. companies before, in recent history it was typically to save major corporations and protect the economy. Continue reading
Sep 18 Watch 7:41 How debt interest is becoming a bigger problem for the U.S. government By Paul Solman, Ryan Connelly Holmes The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains, simply paying the interest on that… Continue watching
Sep 18 What to know about the Fed’s rate cut and mortgage rates By Alex Veiga, Associated Press Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it. Continue reading
Sep 18 Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs By Associated Press Nvidia is also investing $5 billion in Intel's common stock. Continue reading
Sep 18 U.S. jobless aid applications fall after surging to nearly 4-year high By Matt Ott, Associated Press U.S. filings for unemployment benefits for the week ending Sept. 13 fell by 33,000 to 231,000, the Labor Department reported Thursday. Continue reading
Sep 17 Watch 6:19 Federal Reserve cuts interest rates amid economic uncertainty By Geoff Bennett, Courtney Norris The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more cuts by year's end. Continue watching
Sep 16 Watch 5:21 What makes this week’s Federal Reserve meeting unprecedented By Geoff Bennett, Courtney Norris The Federal Reserve is expected to cut its benchmark interest rate by a quarter of a point when it meets on Wednesday, the first cut in about a year. It has been described by those who watch the Fed as… Continue watching