Business

A man in Massachusetts was doubly lucky during a Powerball drawing earlier this month. Fitchburg resident Paul Corcoran landed a $2 million pre-tax windfall from a pair of lottery tickets that won him prizes during the drawing that Powerball held on July 9, the lottery said Tuesday.Corcoran’s windfall came after he "initially bought a ticket for seven Powerball drawings and mistakenly thought the final drawing on that ticket had already occurred, […]

United Airlines was bullish on Wednesday about a "strong finish" to the year as the carrier saw demand begin to rise earlier in the month amid decreased uncertainty. The Chicago-based airline said in its second-quarter earnings report that demand posted a "sequential 6-point" acceleration beginning in early July, with business demand notching a "double-digit acceleration" compared to the second quarter. That uptick, United said, came from "less geopolitical and macroeconomic uncertainty." "Importantly, United […]

As relations between President Donald Trump and Federal Reserve Chairman Jerome Powell deteriorate, potential successors are ramping up their efforts to secure the nomination.Former Fed Governor Kevin Warsh, who is on Trump's shortlist to succeed Powell, has long called for a regime change at the Federal Reserve.TRUMP'S POTENTIAL SHORTLIST FOR THE FED CHAIR IS TAKING SHAPE"This isn’t the first time in the last decade that you’ve heard me say that […]

Two European energy giants have reached 20-year-long deals to purchase liquefied natural gas (LNG) from an American company, marking a major victory for the Trump administration.Venture Global — an energy company based out of Arlington, Virginia — will supply 2 million metric tons of liquefied natural gas each year to Eni, a multinational energy company headquartered in Rome. The contract is for 20 years, according to announcements Wednesday from the […]

During an appearance on "The Claman Countdown" with Liz Claman, Raphael Bostic, the President and CEO of the Federal Reserve Bank of Atlanta, provided some candid remarks about President Donald Trump's threats to fire Fed Chairman Jerome Powell, the outlook for interest rates and the impact of tariffs on the economy. Bostic downplayed the Trump–Powell drama. He said, "I try not to spend energy on that. I’m laser-focused on understanding where […]

In a bubbly announcement Wednesday afternoon, President Donald Trump relayed that Coca-Cola agreed to use "real" cane sugar in Coke sold in the United States.The president, who installed a Diet Coke button in the Oval Office, relayed the sweet news on Truth Social."I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so," Trump wrote on Truth […]

Here’s what’s behind the holdup in the House as Republicans try — again — to pass a trio of cryptocurrency bills.The House declared this "crypto week" with the aim of President Trump signing the GENIUS Act, which creates a framework for stablecoins tied to other currencies, later this week.But here’s the problem: Time. The Senate and the House are victims of their own successes.DEMOCRATIC SOCIALIST MAYORAL NOMINEE CREATES GROWING HEADACHE […]

A recall is underway for tens of thousands of cases of Power Stick antiperspirant deodorant, according to the Food and Drug Administration (FDA).An enforcement report published by the agency showed A.P. Deauville launched a recall for over 67,000 cases of "power fresh"-scented Power Stick for Her Roll-On Antiperspirant Deodorant, "spring fresh"-scented Power Stick Invisible Protection Roll-On Antiperspirant Deodorant and Power Stick Original Nourishing Invisible Protection Roll-On Antiperspirant Deodorant. The company took that […]

President Donald Trump is reportedly preparing to sign an executive order that would expand access to private-market investments in retirement accounts.The Wall Street Journal reported, citing people familiar with the matter, that the order would direct the Labor Department and Securities and Exchange Commission to develop regulatory guidance for employers and plan administrators about the inclusion of private assets in 401(k) retirement plans.The Journal's sources indicated that the order's details aren't yet […]