Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strike

Boeing stock (BA) slid 2% in after-hours trading Friday as the company said it would cut its workforce by 10%, or roughly 17,000 jobs, and delay the first delivery of…

US Expands Sanctions on Iran Oil Sector Over Israel Attack

(Bloomberg) — The US broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran…

Trump Adviser Bessent Slams Fed Over September Half-Point Cut

(Bloomberg) — A top economic adviser to Donald Trump said the Federal Reserve exercised bad judgment by cutting interest rates close to the presidential election. Most Read from Bloomberg “If…

Rytr or Wrong: Is the FTC’s Operation AI Comply a Prudent Defense Against Deception or an Assault on Innovation and Constitutional Free Speech?

In today’s rapidly evolving digital economy, new artificial intelligence tools promise to transform every industry. Sometimes, those promises are overblown or outright deceptive. So, as the AI hype cycle continues,…

Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less Certain

(Bloomberg) — The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts this year. Most Read from Bloomberg Traders…

Hurricane Milton deals estimated $160B blow in damage, economic loss

Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather. (Photo: City of Tampa) The Category 3 hurricane hit Florida Wednesday…

Dow Jones Today: Stocks Surge on Strong Bank Earnings, Benign Inflation Data; S&P 500, Dow Hit Record Highs

Wells Fargo Jumps After Earnings Report 7 minutes ago Wells Fargo (WFC) shares rose roughly 6% Friday morning after the bank reported better-than-expected third-quarter revenue and profit. The lender reported…

Wholesale inflation remained cool last month in latest sign that price pressures are slowing

WASHINGTON (AP) — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America's…

Traders keep bets on 25 bps Fed rate cuts in Nov, Dec

(Reuters) – The case for quarter-point U.S. interest-rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were unchanged last month compared…

How Olympian Caeleb Dressel’s Cat Rems and Dog Jane Help Him Through ‘Rough Days’

Gold medalist swimmer Caeleb Dressel shares the positive impact his pets have on his life. Dressel says his dog and cat provide him with mental and emotional support. Studies suggest…