Business
Fed Chair Warsh Says Rate Increases Remain Possible if Inflation Persists
Federal Reserve Chair Kevin Warsh said at the Jackson Hole Economic Symposium that inflation remains too high and that additional interest-rate increases could be needed.
August 28, 2026
Nvidia Reports $96.2 Billion in Revenue and Forecasts $108 Billion Quarter
Nvidia reported $96.2 billion in fiscal second-quarter revenue, up 106% from a year earlier, and adjusted earnings of $2.22 a share.
August 26, 2026
Meta Agrees to Pay Up to $18 Billion and Add Teen-Safety Controls
Meta agreed to pay up to $18 billion over 10 years and change how minors use Facebook and Instagram, resolving claims brought by nearly all U.S. states.
August 26, 2026
Dick's Sporting Goods Shares Fall 31% After Foot Locker Weakness Prompts Outlook Cut
Shares of Dick's Sporting Goods fell 30.7% after the retailer missed second-quarter profit expectations and reduced its full-year outlook.
August 26, 2026
Tyson Foods to Close Illinois and Utah Beef Plants, Affecting 3,200 Jobs
Tyson Foods said it will close its beef plant in Joslin, Illinois, and its case-ready meat facility in Eagle Mountain, Utah, affecting about 3,200 jobs across the two sites.
August 14, 2026
U.S. Manufacturing PMI Reaches Its Highest Level Since 2022
The Institute for Supply Management's Manufacturing PMI rose to 55.6% in July, up 2.3 percentage points from June and above economists' expectations.
August 3, 2026
U.S. EV Sales Fall as Automakers Scale Back Battery Plans
U.S. sales of fully electric vehicles fell 27% from a year earlier in the first quarter of 2026, reducing their share of new-vehicle sales to 5.8%.
July 19, 2026