Business

Traders on the prediction-market platform Kalshi are now assigning a meaningful probability to the scenario in which all three major Election Day winners come from the Democratic Party.The prediction market platform reflects speculative wagers, not how voters will actually cast their ballots on Nov. 4.Traders place the odds of cemocratic socialist Zohran Mamdani winning the New York mayoral race at 92% while former Gov. Andrew Cuomo, who is running as […]

The Federal Reserve cut interest rates for the second time in 2025 last week, though one member of the central bank's monetary policy committee voted against cutting rates, citing concerns over inflation.Policymakers on the Federal Open Market Committee (FOMC), which guides the Fed's monetary policy, voted 10-2 in favor of lowering the benchmark federal funds rate by 25 basis points to a target range of 3.75% to 4%. One dissenter, Fed […]

McDonald’s CEO Chris Kempczinski recently gave fans a glimpse into his personal taste, revealing which menu item tops his list at the fast food giant.In a video posted to his LinkedIn page earlier this week, Kempczinski took part in the "McDonald’s Menu Item Tournament," where he was asked to choose between some of the company’s most popular offerings to determine his ultimate favorite."We're going to do a quick-fire McDonald's menu […]

A United Airlines flight clipped another United plane while taxiing at LaGuardia Airport in New York City Friday evening, according to the air carrier. United Flight 580, a Boeing 737 arriving from Chicago’s O’Hare International Airport with 166 passengers and eight crew members, was taxiing toward its arrival gate when it struck a stationary United plane, the airline said.The collision damaged the tail of United Flight 434, another Boeing 737 preparing […]

Amazon founder Jeff Bezos and media personality Lauren Sánchez were recently spotted enjoying a romantic evening at the upscale Carbone restaurant in Florida's Miami Beach.The couple — who tied the knot earlier this summer in a star-studded celebration — arrived in style and smiling as they made their way to the restaurant located in the heart of South Beach's South of Fifth neighborhood.Sánchez wore a rose-print Roberto Cavalli mini dress […]

President Donald Trump said Sunday evening he is not considering what would have been an unprecedented appearance at the Supreme Court this week for oral arguments in a critical case about tariffs.En route to Washington aboard Air Force One, Trump told reporters he does not "want to do anything to deflect the importance" of the Supreme Court case, which could shape the future of his trade agenda.Trump had originally floated […]

Energy Secretary Chris Wright blasted Democrats on Sunday, calling it "deeply irresponsible" that the ongoing government shutdown has forced the Trump administration to furlough nuclear weapons contractors."It's deeply irresponsible to see the Democrats run this more than a month now, and unfortunately, we ran out of budget gymnastics we could play, and we have to start furloughing workers who are developing our next-generation nuclear weapons and nuclear stockpile," Wright said […]

Tech giant Nvidia is leading America’s AI boom by moving production of the world’s fastest semiconductor chip to Arizona.In a major win for U.S. manufacturing, the now-$5 trillion company is bringing advanced chipmaking back home, answering President Donald Trump’s call to reduce reliance on China and strengthen America’s technological edge."AI is an industrial revolution, and this is the most important technology of our time, potentially the most important technology of […]

Treasury Secretary Scott Bessent said Sunday he is "optimistic" ahead of this week’s Supreme Court arguments in a case that could determine the fate of President Donald Trump's trade agenda.When asked by Shannon Bream on "Fox News Sunday" about the possibility that the Supreme Court might rule against the administration, Bessent said, "We will cross that bridge when we come to it."TRUMP TARIFF REVENUES SOAR AS SUPREME COURT WEIGHS CHALLENGE […]