Business

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged, as policymakers decided to hold rates steady amid elevated economic uncertainty as they continue to monitor inflationary pressures and labor market data.The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%, where it has remained following all five of the Fed's policy meetings this year. The central bank […]

President Donald Trump on Wednesday touted the latest gross domestic product (GDP) data that showed a rebound from the first quarter and also repeated his call for the Federal Reserve to cut interest rates ahead of the central bank's announcement later today.Trump wrote in a post on his Truth Social platform, "2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! 'Too Late' MUST NOW LOWER THE RATE. No Inflation! Let people […]

New York Mets All-Star shortstop Francisco Lindor is locked in on making a second-half push worthy of a postseason berth, but that doesn’t stop him from impacting his community. Lindor is known for his off-the-field impact, and in partnership with Dairy Queen, he’s spreading the word about a very sweet way everyone can support children’s hospitals. Dairy Queen announced on Wednesday that "Miracle Treat Day" will be on July 31, where every […]

Boston Red Sox fans had a tough time getting food and drinks this past weekend at Fenway Park.That's because, for the first time in its 113-year span, concession workers at the famed stadium are currently on strike, citing unlivable wages.According to Local 26, Fenway concessions workers, employed by Aramark, "currently earn under $20 an hour, which is about $10 an hour below the citywide standard for similar jobs."CLICK HERE FOR […]

President Trump could fly on a new Air Force One plane as soon as February, he said on Tuesday while speaking to members of the press aboard the current presidential plane."They say February, maybe," Trump said in response to a question about when he expects to fly on the new Air Force One. "Much sooner than the others."BOEING DIVISION HANDLING TRUMP FIGHTER JET PROGRAM BRACES FOR STRIKE AFTER UNION REJECTS […]

Procter & Gamble on Tuesday said it will raise prices on some products sold in the U.S. as it deals with uncertainty over tariffs and also undergoes a leadership transition.Economic volatility and "consumer anxiety" related to President Donald Trump's tariff policies and immigration crackdown have led consumers to rein in their spending to provide a buffer in their budget, the company's executives told analysts on a post-earnings call.P&G said it plans […]

A Senate Republican wants to see some of the money rolling in from President Donald Trump’s tariffs go back to American families.Trump’s tariffs have, so far, raked in billions of dollars and have set the administration on a pace to achieve a once lofty goal of $300 billion in total revenue to the federal government from across-the-board duties.TRUMP'S TARIFF STRATEGY COULD PAY FOR HIS TAX BILL, BUT ONLY IF THEY […]

Earlier this month, Kai Trump, the granddaughter of President Donald Trump, announced her first NIL partnership with Accelerator Active Energy in presidential fashion. Now, the University of Miami golf commit is back with yet another ode to the 47th president — this time on the course. In a new video, Kai Trump is seen hitting a golf shot and walking over to a cooler on her cart. As she lifts the lid, […]

Following the deadly shooting at 345 Park Avenue in New York City that claimed the lives of four innocent people, including NYPD officer Didarul Islam, the companies closest to the tragedy moved to support employees. Private equity firm Blackstone announced the death of colleague Wesley LePatner in a memo to staff. "We are heartbroken to share that our colleague, Wesley LePatner, was among those who lost their lives in the tragic incident […]