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Fed Holds Rates Steady as Inflation Persists

Fed Holds Rates Steady as Inflation Persists and Trump’s Economic Agenda Clouds Outlook

State Jobs Report, Fed Reserve Meeting Watched Amid Trump Tariff Uncertainty

Inflation numbers and lingering impact of shaky supply chain on businesses across states weigh on key reports

U.S. Export Prices Tumble in May 2025, Marking Largest Monthly Decline Since October 2023

Decrease in nonagricultural export prices drives a significant drop in overall U.S. export prices

Lululemon Sues Costco Over Alleged Knockoff Apparel Designs

Athleisure giant accuses Costco of copying product designs and undercutting prices to mislead consumers

Trustfeed Corp. [TRFE] reports $456.9 thousand quarterly net loss

Company generates $4.5 thousand in revenue

Elite Pharmaceuticals Inc reports 48.42% Increase in Annual Revenue from Last Year

Company generates $84 million in revenue

Massive Data Leak Exposes 16 Billion Passwords in Largest Cybersecurity Threat to Date

One if not the largest data leaks in history effects billions of passwords across Apple, Google, and Meta

Kroger to Close Nearly 60 Stores Nationwide Over 18 Months as Part of Strategic Realignment

The closures affect around 5% of Kroger-branded locations and are expected to yield modest financial benefits.

Lakers Sold in Landmark $10 Billion Deal, Ending the Buss Family Era

NBA franchise Los Angeles Lakers to be sold in record breaking deal. Ending 46 years of Buss Family ownership

Louvre Shuts Down as Workers Strike

The most visited museum in the world closes its doors after workers go on strike. citing overwhelming number of tourists

The number of Americans filing for jobless claims last week remains at the highest level in 8 months

U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over the impact of trade wars lingers

Procter & Gamble to Cut 7,000 Jobs in Global Restructuring Amid Tariff Uncertainties

Trump-era tariffs and rising input costs weigh on P&G’s future outlook despite domestic production efforts.

Are Top US Retail Stores Closures Signaling Economic Downturn?

Layoffs Surge as Retailers Try to Tide over Tariff and Supply Chain Uncertainty

Stock Market Performance of Top NVIDIA Competitors This Year

Here is a look at tech companies ahead of NVIDIA’s earnings release

Big Oil Earnings Mixed over Past Year as Margins Narrow Amid Volatile Crude Prices

Exxon and Chevron remain top profit earners; Valero and Phillips 66 see quarterly losses in early 2025

Supreme Court throws out appellate rulings in favor of transgender people in 4 states

The Supreme Court has thrown out appellate rulings in favor of transgender people in four states following the justices’ recent decision upholding a Tennessee ban on certain medical treatment for transgender youths

Wimbledon brings out David Beckham, Maria Sharapova and other stars on Day 1

David Beckham and Maria Sharapova are among the stars of sports and screen at Wimbledon for the start of the tournament

Some sniffer dogs at the Club World Cup outfitted with booties to protect their paws from the heat

Fans and players weren’t the only ones coping with extreme heat this week at the Club World Cup

North Koreans swim and play at a beach resort touted as a boost for tourism

North Koreans are swimming and playing at a new beach resort that the country is touting as a boost for tourism

US won't send some weapons pledged to Ukraine following a Pentagon review of military aid

The U.S. is halting some shipments of weapons to Ukraine amid concerns that its own stockpiles have declined too much

2 Chinese nationals charged with spying inside the US for Beijing, Justice Department says

Two Chinese nationals have been charged with spying inside the United States on behalf of Beijing, including by taking photographs of a naval base and by participating in efforts to recruit members of the military who they thought might be open to working for Chinese intelligence

Fed Holds Rates Steady as Inflation Persists

Fed Holds Rates Steady as Inflation Persists and Trump’s Economic Agenda Clouds Outlook

The US and China are holding trade talks in London after Trump's phone call with Xi

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy

Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by $2.4 trillion over the decade and leave some 10.9 million more people without health insurance

Senate strikes AI regulatory ban from GOP bill after uproar from the states

A proposal to deter states from regulating artificial intelligence for a decade was soundly defeated in the U.S. Senate on Tuesday, thwarting attempts to insert the measure into President Donald Trump’s big bill of tax breaks and spending cuts

US calls reported threats by pro-Iran hackers to release Trump-tied material a 'smear campaign'

A news report says hackers supporting Iran have threatened to release emails supposedly stolen from people connected to President Donald Trump

Trump vents online about service provider after conference call marred by glitch

President Donald Trump is complaining about technical difficulties he experienced while trying to hold a conference call with faith leaders across the country

Mexican banks face cascading consequences following US sanctions

Three Mexican financial institutions sanctioned by the Trump administration last week have felt a cascade of economic consequences

Lululemon files lawsuit against Costco, claims company is selling 'dupes' of some of its products

Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling lower-priced duplicates of some of its popular athleisure clothing

Anne Wojcicki's nonprofit gets court approval to buy 23andMe for $305 million

Anne Wojcicki's nonprofit, TTAM Research Institute, has received court approval to acquire 23andMe, the genetic testing company she co-founded

How to Choose the Right Checking Account

How to Choose the Right Checking Account

State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals

Anne Wojcicki's nonprofit gets court approval to buy 23andMe for $305 million

Anne Wojcicki's nonprofit, TTAM Research Institute, has received court approval to acquire 23andMe, the genetic testing company she co-founded

Lululemon's lawsuit against Costco highlights the rise of fashion 'dupes'

Less expensive versions of high-end clothing and other accessories are just about everywhere these days

Wall Street is split as Tesla and tech drop while most other US stocks climb

A mixed day of trading left the U.S. stock market split, as Wall Street’s momentum slowed after setting record highs in each of the last two days

HHS layoffs were likely unlawful and must be halted, US judge says

A federal judge says that recent layoffs at the U.S. Department of Health and Human Services were likely unlawful and must be halted

A heat wave covers much of Europe and higher temperatures are on the way

A heat wave covered much of Europe on Monday, with record-hot first day of play at Wimbledon and forest fires in Turkey and France

Supreme Court throws out appellate rulings in favor of transgender people in 4 states

The Supreme Court has thrown out appellate rulings in favor of transgender people in four states following the justices’ recent decision upholding a Tennessee ban on certain medical treatment for transgender youths

20 states sue after the Trump administration releases private Medicaid data to deportation officials

The Trump administration has violated federal privacy laws when it turned over Medicaid data on millions of enrollees to federal deportation officials last month, says California Attorney General Rob Bonta

US, Indo-Pacific partners agree to strengthen maritime, critical minerals cooperation

The United States

Lindsey Graham gets GOP primary challenge from André Bauer, South Carolina's former lieutenant gov

Former South Carolina Lt. Gov. André Bauer has announced a GOP primary challenge to Sen. Lindsey Graham

A Jesuit priest prefers prison over a fine to draw attention to climate change

A Jesuit priest says he will rather go to prison than pay a fine of 500 euros or $541 for participating in a climate activists’ street blockade in the southern German city of Nuremberg

Families await news of missing workers at site of Bangkok building collapse

When a 7.7 earthquake in Myanmar sent shockwaves into Thailand, Naruemon Thonglek and Chanpen Kaewnoi didn’t immediately hear it also had collapsed a high-rise building under construction in Bangkok, where their friends and families had been working

Earthquake compounds Myanmar's humanitarian crisis as the death toll passes 2,000

The death toll in last week’s massive earthquake in Myanmar has passed 2,000

What the key witnesses at Sean 'Diddy' Combs' sex trafficking trial told the jury

The jury deliberating at Sean “Diddy” Combs’ sex trafficking trial heard testimony from 34 witnesses over the last seven weeks

Jennifer Aniston will star in series inspired by Jennette McCurdy's memoir 'I'm Glad My Mom Died'

Jennifer Aniston will star in a new Apple TV+ original series inspired by Jennette McCurdy's bestselling memoir “I'm Glad My Mom Died.”

BTS will return in spring 2026 with a new album and world tour

Their reunion

How to Choose the Right Checking Account

How to Choose the Right Checking Account

State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals