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Business

Developer to resume NY offshore wind project after Trump administration lifts pause

Developer to resume NY offshore wind project after Trump administration lifts pause

by Associated Press
May 19, 2025

The Trump administration is allowing work on a major offshore wind project for New York to resume. The developer, the Norwegian energy company Equinor, said Monday it was told by...

Landmark Los Angeles federal courthouse slated for quick sale by agency

Landmark Los Angeles federal courthouse slated for quick sale by agency

by Los Angeles Times
May 19, 2025

The federal government is offering real estate investors an unusual opportunity — the chance to buy a historic courthouse and office building in the heart of downtown Los Angeles. The...

Mortgage rates climb above 7% after Moody’s U.S. debt downgrade

Mortgage rates climb above 7% after Moody’s U.S. debt downgrade

by CBS News
May 19, 2025

The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody’s downgraded the U.S. credit rating on Friday over...

China says U.S. undermined trade talks with Huawei chip warning

China says U.S. undermined trade talks with Huawei chip warning

by NBC News
May 19, 2025

China on Monday accused the United States of undermining the two countries’ preliminary trade agreement after the U.S. issued an industry warning against using Chinese chips that singled out Huawei. Beijing has “demanded” that the Trump administration “correct its...

After rocky week, Coinbase becomes first crypto exchange to join the S&P 500

After rocky week, Coinbase becomes first crypto exchange to join the S&P 500

by Los Angeles Times
May 19, 2025

Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the digital assets industry. The inclusion on the S&P...

Nvidia and Microsoft accelerate AI processing on PCs

Nvidia and Microsoft accelerate AI processing on PCs

by Venture Beat
May 19, 2025

Nvidia and Microsoft announced work to accelerate the performance of AI processing on Nvidia RTX-based AI PCs. Generative AI is transforming PC software into breakthrough experiences — from digital humans...

Investors shrug off Moody’s downgrade as stocks, U.S. borrowing costs stay largely flat

Investors shrug off Moody’s downgrade as stocks, U.S. borrowing costs stay largely flat

by NBC News
May 19, 2025

Investors largely shrugged off a downgrade of the U.S.’s credit rating in Monday trading, as stocks ended the day mostly flat. The Dow Jones Industrial Average added more than 130...

SAG-AFTRA files unfair labor practice charge over use of AI to make Darth Vader’s voice in Fortnite

SAG-AFTRA files unfair labor practice charge over use of AI to make Darth Vader’s voice in Fortnite

by Associated Press
May 19, 2025

LOS ANGELES (AP) — Hollywood’s actors’ union filed an unfair labor practice charge against Llama Productions on Monday, alleging the company replaced actors’ work by using artificial intelligence to generate...

The Business Roundtable is MIA Against Trump’s Attacks

The Business Roundtable is MIA Against Trump’s Attacks

by TIME
May 19, 2025

President Donald Trump recently attacked Walmart, the biggest private sector employer in the United States and the largest retailer in the world. Douglas McMillon, CEO of Walmart warned that the...

JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin

JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin

by NBC News
May 19, 2025

JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic. “We are going to allow you to buy it,” Dimon said at the bank’s annual investor day...

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House Dems Agonize Over Charlie Kirk Honor: ‘We’re Being Totally Set Up’
News

House Dems Agonize Over Charlie Kirk Honor: ‘We’re Being Totally Set Up’

September 18, 2025
Nvidia to Buy $5 Billion Stake in Intel
News

Nvidia to Buy $5 Billion Stake in Intel

September 18, 2025
France Braces for Anti-Austerity Strikes and Protests
News

Anti-Austerity Strikes and Protests Grip France

September 18, 2025
Waymo’s aggressive strategy to get you inside a robotaxi is coming into view
News

Waymo’s aggressive strategy to get you inside a robotaxi is coming into view

September 18, 2025
Spirit Airlines tells pilots it wants to cut their pay and shave $100 million from their union deal
News

Spirit Airlines tells pilots it wants to cut their pay and shave $100 million from their union deal

September 18, 2025

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