Business News
JPMorgan Chase to offer $1K match for Trump Accounts belonging employees’ kids
JPMorgan Chase announced it will match the federal government’s $1,000 contribution to Trump Accounts belonging to eligible employees’ children.
Home Depot cuts 800 jobs, orders corporate staff back to office full time
Home Depot said it will eliminate about 800 jobs tied to its Atlanta store support center and require corporate employees to return to the office full time.
Disney World, Universal Orlando close water parks as unusually cold weather hits Florida
Disney's Typhoon Lagoon and Universal's Volcano Bay are experiencing temporary closures as Central Florida temperatures plunge below seasonal averages.
Instacart slaps NYC shoppers with surprise ‘regulatory response fee’ after new city law kicks in
Instacart added a $5.99 "Regulatory Response Fee" to NYC orders after the passage of new worker protection laws requiring a $21.44-per-hour minimum wage for drivers.
Tesla ends production of Model S and Model X vehicles, will focus on robots in 2026
Tesla pivots from electric vehicles to autonomous technology as Elon Musk announces the discontinuation of Model S and Model X to focus on mass-producing Optimus robots.
Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children
Steak 'n Shake pledges $1,000 matching contributions to "Trump Accounts" for employees' children born between 2025 and 2028, joining corporate support initiative.
Powell says Americans forced to 'economize' as stubborn inflation squeezes household budgets
Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn inflation, as central bank holds rates steady.
Powell sidesteps questions on DOJ investigation, successor, administration criticism
Federal Reserve Chair Jerome Powell dodges questions about a criminal probe and future plans in a tense news conference after the central bank's rate cut decision Wednesday.
Starbucks removes cap on CEO's use of company's private jet, citing security concerns
Starbucks eliminates $250,000 cap on CEO Brian Niccol's personal jet use, allowing unlimited private aircraft travel following security recommendations.
LARRY KUDLOW: Mr. Trump, please give us a transformational Fed
The Fed models are wrong. Growth does not cause inflation. It is time for a transformational Fed