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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[...]
Trump threatens 100% tariff on foreign-made films
Trump says he’ll impose a 100% tariff on foreign films, alarming Hollywood studios that depend on global production and box-office revenue.
Trump administration says it will expand coal leasing, fund coal plant upgrades
WASHINGTON (Reuters) -The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel [...]
FAA restores Boeing’s self-certification for 737 Max, 787
The FAA restored Boeing’s authority to self-certify 737 Max and 787 jets after years of oversight, as new international aircraft orders boost sales.
Trump announces 30% tariff on upholstered furniture
HIGH POINT — President Trump announced a new 30% tariff on upholstered furniture imports on Thursday, taking effect on Oct. 1. At this time, it is unclear whether the new tariffs will be in addition to previously announced tariffs. In addition to the upholstered furniture tariffs, Trump also announced new tariffs on brand[...]
Amazon to pay $2.5B in FTC Prime membership settlement
Amazon will pay $2.5B to settle FTC claims it tricked customers into Prime memberships and made cancellations difficult.
Hegseth calls sudden meeting of U.S. generals, admirals
Defense Secretary Pete Hegseth summoned hundreds of top U.S. generals and admirals for an unusual meeting at Quantico next week.
Starbucks to close stores, cut more jobs as CEO deepens restructuring
Starbucks will close underperforming stores and cut 900 jobs as CEO Brian Niccol pursues a $1B restructuring to revive sales and efficiency.
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A Brookings report shows DC’s job market weakening as Trump’s federal workforce cuts push unemployment to the highest rate in the nation.
US implements EU trade deal, 15% autos tariffs retroactive to Aug 1
The Trump administration confirmed a trade deal with the EU, lowering auto tariffs to 15% and exempting aircraft, drugs, and raw materials.
