Business

Flag football has grown considerably in recent years and its origin is one that involves the U.S. military. During World War II, flag football was born at Fort Meade, the Army base in Maryland, as service members decided it was best not to play tackle football in order to stay safer in advance of a potential deployment overseas. Fast-forward decades later, Baltimore Ravens star safety Kyle Hamilton teamed up with Toyota to […]

The Trump administration on Tuesday doubled down on the economic lifeline it extended to Argentina last week, a $20 billion currency swap seen as a strategic move to reinforce ties with Buenos Aires and support its efforts to stabilize a faltering economy."We want to help Argentina," President Donald Trump said during a bilateral lunch meeting with Argentine President Javier Milei. "We want to see it succeed," Trump said, suggesting that […]

Walmart is deepening its relationship with OpenAI with a new partnership that will allow customers to purchase products through ChatGPT. With Instant Checkout, a new in-chat shopping feature created by OpenAI, consumers will be able to buy Walmart products directly within ChatGPT, underscoring how artificial intelligence is redefining the retail industry.The companies didn't specify when this feature will roll out, but noted that it will be made available to Walmart customers […]

Ford is temporarily cutting production on certain vehicles at its Kentucky truck plant after a fire broke out at one of its aluminum supplier facilities last month. Ford will halt production of its three-row SUVs, the Expedition and Lincoln Navigator, at its Kentucky Truck Plant starting this week due to aluminum supply issues, according to a memo from the United Auto Workers that was obtained by The Wall Street Journal. The pause […]

General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is expected to slow demand.GM's move comes as automakers are reworking their plans for producing EVs after consumer demand softened over the last two years.The Trump administration's move to end the $7,500 federal tax credit for EVs, […]

United Airlines' first mainline Starlink-equipped flight is ready for takeoff.United flight 2940 is taking off Wednesday from Newark/New York to Houston, the airline announced, "marking the first time a major U.S. airline has offered Starlink Wi-Fi on a mainline flight with connectivity across both personal devices and inflight entertainment screens."United plans to install Elon Musk's Starlink "on up to 15 mainline 737-800 planes each month," according to a press release. More […]

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and inflation data.Powell spoke at the National Association of Business Economists (NABE) after receiving the Adam Smith Award for his work on applying economic principles in policy. The Fed chair said while the September jobs report and inflation data, available data […]

The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s "It Was a Very Good Year," as the industry just hit $1 trillion annually in assets this month, faster than any other time in history."I think, largely speaking, you look across the different asset classes – stocks, bonds, commodities, gold, of course – it's been a very good year to own assets. Assets largely across the […]

Nvidia CEO Jensen Huang sent a letter to the chip giant's staff on Monday expressing gratitude for the release of Avinatan Or, an Israeli employee of the company who was released from Hamas captivity after two years.Or was attending the Nova music festival with his partner, Noa Argamani, near Kibbutz Reim when Hamas conducted a terror attack against communities near the Gaza border on October 7, 2023. Or and Argamani were both […]