Trump Enters Uncharted Ground with the Federal Reserve
The legal landscape in deciding when presidents can fire Fed governors is surprisingly unsettled. Source link
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Air New Zealand full-year profit falls 15%, sees weakness ahead
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one stage had 11 jets out of service in late 2024 …
YouTube reaches short-term extension with Fox to prevent disruption
UBE and Fox said on Wednesday they have reached a short-term agreement that will keep Fox News, Fox Sports and other Fox channels available to YouTube TV subscribers. The…
CDC director Susan Monarez is out after less than a month on the job and other agency leaders resign
The director of the nation's top public health agency is out after less than one month in the job, and several top agency leaders have resigned. Source link
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year dividend payout in 17 years, as profits are bolstered by…
AI’s disruption of law firms could hold lessons for the broader business community
LIKE the rest of the developed world, Singapore is grappling with increasing graduate unemployment. In July, the government announced that it is watching the employment situation of…
Ex-Fed chief Yellen says Trump bid to oust US governor Cook ‘dangerous’
US PRESIDENT Donald Trump’s move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicise the central bank and is “profoundly dangerous”, former Fed chief Janet…
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is decelerating after a staggering two-year boom in…
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on…
Europe: Stoxx 600 closes higher, focus shifts to Nvidia results
Europe’s Stoxx 600 recovered slightly on Wednesday (Aug 27) after a sell-off in the previous session, as investors eyed political risks in France and awaited earnings from artificial…
CDC Director Remarkably Ousted After Less Than a Month on the Job
The Defense Department lost the most workers—more than 55,000 federal civilian employees were given the chop, HuffPost reported. The Treasury Department also suffered major cuts, losing…
The hidden risk most travelers overlook
As travelers pack for vacation, they tend to focus on the essentials: itineraries, clothes, and ideally, having fun. But there’s a critical safety consideration that rarely makes it onto…
US: Stocks advance as markets gird for Nvidia results
Wall Street’s major indexes eked out gains on Wednesday as markets braced for AI chip giant Nvidia’s financial results -- while awaiting further indicators to gauge the health of…
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new machines that can run the latest artificial…
‘Home Alone’ and ‘Harry Potter’ Director Says ‘I Was Fired’ From 2005’s ‘Fantastic Four’ Movie After Criticizing Concept Art; Studio Said ‘I Had Too Much of an Opinion’
Chris Columbus has directed some of the most enduring blockbusters of all time, from “Mrs. Doubtfire” and the “Home Alone” films to the first two “Harry Potter” movies. But even with those…
Minneapolis Mayor Slams Anti-Trans Hate After School Shooting
Minneapolis Mayor Jacob Frey excoriated transphobes for tying a mass shooting to their hateful ideology. At a press conference Wednesday about the Annunciation Catholic School shooting…
Carmen Busquets Creates Foundation and Inaugural Prize in Partnership With the Latin American Fashion Awards
Carmen Busquets, an entrepreneur, philanthropist and impact investor in the fashion and tech space, has created the Carmen Busquets Foundation and the inaugural Carmen Busquets Prize.…
Trump ramps up 'economic war' on Russia to force Ukraine peace talks
President Trump on Wednesday turned the screws to force Russian President Vladimir Putin into a face-to-face summit with Ukrainian President Volodymyr Zelenskyy and, ultimately, a peace…
Venice Film Festival Red Carpet Photos
The star-studded Venice Film Festival is under way, with numerous stars and renowned filmmakers making the trek to Italy by plane, train and vaporetto. Those expected at the annual…
Taylor Swift’s Wedding Plans: Bookies and Genealogists Weigh in
As brands and media continue to latch onto Taylor Swift and Travis Kelce’s engagement to bolster traffic in these waning days of summer, online bookies and genealogists are jumping into…
The Awe and Wonder of Holding a Diamond as Big as a Fist
For Tom Moses, it was a peak moment in his career. “Think of something that’s as big as your closed fist — and it’s a diamond that weighs slightly more than one pound. There’s a sense of…
Marco Pievani, Who Headed U.S. Operations for Etro, Among Other Italian Firms, Dies at 63
Funeral services will be held for Marco Pievani, managing director of Boggi Milano, on Sept. 4 at 10 a.m. at St. Paul The Apostle Church at 405 West 59th Street in New York. Pievani died…
YouTube TV, Fox Corp. Reach Short-Term Deal Extension, Averting Blackout of Fox News, Other Channels for Now
Fox News, local TV stations and other Fox Corp.-owned networks will remain on YouTube TV — for now — after the parties agreed to a short-term extension to their previous contract, as talks…
Music Industry Moves: The Kid Laroi Partners With Project Healthy Minds in New Campaign
The Kid Laroi is the star of a new mental health campaign produced by Project Healthy Minds, a millennial/Gen Z-driven mental health tech nonprofit, and Michael D. Ratner and OBB Media.…