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Business News

Stock futures tumble as recession fears fuel calls for interest rate cut

Matteo Colombo/Getty Images(NEW YORK) -- Stock futures plummeted on Monday as markets reckoned with a disappointing jobs report last week…

4 months ago

What’s behind the recent stock selloff?

Getty Images - STOCK/Yuichiro Chino(NEW YORK) -- The major stock indexes dropped significantly on Friday after a weaker-than-expected jobs report…

4 months ago

Trump is wrong about immigrants taking ‘Black jobs,’ economists say

Scott Olson/Getty Images(WASHINGTON) -- Former President Donald Trump this week voiced an alarming claim about the alleged threat that immigrants…

4 months ago

Disappointing jobs report fuels recession worries and calls for interest rate cut

Kwanchai Lerttanapunyaporn / EyeEm/Getty Images(WASHINGTON) -- A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and…

4 months ago

Elon Musk is taking a larger role in the election. Can he influence voters?

Samuel Corum/Bloomberg via Getty Images(NEW YORK) -- Less than a week after Elon Musk publicly endorsed the candidacy of former…

4 months ago

Spirit Airlines adapts to stay afloat: What to know about new changes

A Spirit Airlines takes off from Oakland International Airport on May 06, 2024 in Oakland, California. (Justin Sullivan/Getty Images)(NEW YORK)…

4 months ago

Fed holds interest rates steady, but cut expected soon

Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest…

4 months ago

Boar’s Head expands recall to additional 7 million pounds of deli meat, poultry products

USDA (NEW YORK) -- Boar's Head has expanded its previous recall on several types of deli meats to include an…

4 months ago

Fed expected to cut interest rates soon, but not this week

Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve has held interest rates steady at a 23-year high since last July --…

4 months ago

Delta reportedly seeking potential damages from CrowdStrike, Microsoft after global IT outages

Andrew Harnik/Getty Images(NEW YORK) -- Delta Air Lines has reportedly hired a prominent law firm to help the Atlanta-based carrier…

4 months ago