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Tesla reports surprise increase in car sales in the third quarter
Tesla Q3 sales rose 7% to 497,099 vehicles, rebounding after declines as buyers rushed to use the expiring $7,500 EV credit.
Fired Surface Transportation Board member sues Trump over his dismissal ahead of rail merger review
Robert Primus sues Trump, claiming his firing from the Surface Transportation Board threatens the board’s independence.
AOL officially ends dial up internet service after decades
AOL has officially shut down its dial-up internet service, marking the end of an era that first connected millions to the web.
Shutdown halts key economic data as Fed weighs rate cuts
The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.
Supreme court lets Lisa Cook stay on Fed board for now
The Supreme Court allows Lisa Cook to remain on the Fed board while Trump’s effort to fire her heads to arguments in January.
Senate deadlock extends Trump-era government shutdown
U.S. shutdown begins after Senate gridlock on health care, furloughing 750,000 workers and raising fears of nationwide economic fallout.
Pfizer agrees to lower drug costs, $70B US investment
Pfizer will lower drug costs for Medicaid and invest $70B in U.S. manufacturing under a deal announced with President Trump.
CoreWeave signs $14 billion AI infrastructure deal with Meta
CoreWeave will provide Meta $14B in AI cloud computing power through 2031, boosting share prices and fueling AI infrastructure growth.
US consumer confidence falls on inflation, weak jobs
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
US job openings barely budged in August at 7.2 million
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
Frank founder Charlie Javice gets 7 years for fraud
Charlie Javice, founder of student aid startup Frank, was sentenced to over 7 years for defrauding JPMorgan in a $175M deal.
CSX replaces CEO amid investor pressure, names Steve Angel
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs. The outgoing CEO, who came to the railroad in 20[...]
