Economy - Page 39

The rise of AI cheats and scammers using deepfake technology to trick interviewers is leading companies to revert to a more traditional hiring practice — the in-person job interview.

A District Judge has ruled that Elon Musk’s Tesla must face a class action lawsuit filed by California drivers who allege that Musk misled them for eight years about the self-driving capabilities of the company’s EVs.

President Donald Trump’s deputies are on track to deport 400,000 illegal migrants in his first year, says the New York Times. 

At least 18 people were arrested Wednesday at Microsoft’s Redmond, Washington, campus during an employee-led protest against the tech giant’s contracts with Israel.

Chinese Foreign Minister Wang Yi concluded a brief visit to New Delhi on Wednesday in which he emphasized to senior officials in the Indian government Beijing’s desire to see the two countries “strengthen confidence, move toward each other, overcome disruptions, expand cooperation and consolidate the positive momentum in improving bilateral relations.”

By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.

Treasury Secretary Scott Bessent, as acting commissioner of the IRS, could continue his mission to end the weaponization of the agency and unravel Biden-era policies.

Veteran stock market wizard Nancy Pelosi has come out in support of a bill that will ban members of Congress from trading in stocks or options. 

Federal Reserve Governor Christopher Waller on Wednesday laid out a pro-market vision for modernizing U.S. payments that echoes the Trump administration’s call to “re-privatize” the economy.

Marcus Lemonis, the CEO of Bed, Bath & Beyond, announced on X on Wednesday that his company would no longer open stores in California because the state made it “nearly impossible” for business to succeed.

President Donald Trump could potentially gain a new ally on the Federal Reserve if allegations of potential mortgage fraud force Federal Reserve Governor Lisa Cook to resign. Trump on Wednesday urged Federal Reserve Governor Lisa Cook to resign after Federal

Nvidia is reportedly working on a new AI chip designed specifically for the Chinese market that would be less powerful than its flagship B300 Blackwell GPU, but more capable than chips currently allowed for export by the U.S. government.

President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after officials accused the Fed board member of mortgage fraud.

Commerce Secretary Howard Lutnick said on Tuesday that Intel must provide the U.S. government with an equity stake in the company in return for receiving funds from the CHIPS Act. Lutnick’s comments during a CNBC interview shed more light on how the Trump Administration may take an ownership position in Intel, saying, “We should get an equity stake for our money.”

Brian Cornell is stepping down as CEO of Target after over a decade as the company faces declining sales and struggles with competition.

Google’s monopoly over the search market may soon be unwound, as the judge in the long-running search antitrust case is poised to issue a ruling that could force the tech giant to sell off key assets including the Chrome browser.

The last sugar beet factory is to leave California, costing hundreds of jobs and devastating the local industry despite the fact that growing conditions in the Imperial Valley are ideal for the crop.

On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” host Larry Kudlow, former Trump Economic Adviser Stephen Moore, and Rep. and gubernatorial candidate Byron Donalds (R-FL) criticized the Trump administration pursuing a government stake in Intel, with Kudlow saying that this,

During an interview with Maine Public Radio’s “Maine Calling” on Monday, Rep. Jared Golden (D-ME) said that Democrats, at a time when government agencies and initiatives are being attacked, “instead of just saying, there [are] no problems with any of

On Tuesday’s broadcast of MSNBC’s “Morning Joe,” Rep. Josh Gottheimer (D-NJ) stated that energy bills in New Jersey have skyrocketed because “we haven’t taken an all of the above approach, so we haven’t kept up with enough energy.” And Democrats

On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line

“Despicable” failures by state officials enabled the illegal alien truck driver charged with killing three Americans on a Florida turnpike, according to Transportation Secretary Sean Duffy.

A new working paper asks what would have happened if the country had heeded Pat Buchanan’s warnings about unchecked globalization and adopted his trade policies sooner.

President Joe Biden’s pro-migration deputies allowed at least 400,000 foreign students at U.S. colleges to take U.S. white-collar jobs in 2024.

Pennsylvania Treasurer Stacy Garrity (R) announced on Monday that she is entering Pennsylvania’s 2026 gubernatorial race, running as a Republican against Gov. Josh Shapiro (D-PA). In a video posted to X, Garrity vowed to “work hard every day to fix

The Consumer Financial Protection Bureau (CFPB) under Director Russ Vought on Tuesday closed a Biden-era investigation against Credova, a subsidiary of Public Square that provides consumer financing for firearms, believing this is yet another example of weaponization of government that the Trump administration hopes to end, Breitbart News has learned exclusively.

John Krafcik, the former CEO of Waymo who led the company’s transition from a research project to a commercial robotaxi service, has expressed his disdain for Elon Musk’s Tesla Robotaxi hype. When asked about Waymo’s rival, Krafcik said, “Please let me know when Tesla launches a robotaxi — I’m still waiting.”

The Trump administration continues to explore taking an equity stake in chipmaker Intel, with the latest reports putting the potential ownership position at 10 percent. This could make the U.S. government the company’s largest shareholder. At the same time, Japanese investment powerhouse SoftBank is pumping $2 billion into the chipmaker.

Volkswagen is now offering owners of its ID.3 EV hatchback the option to boost their car’s performance — for a monthly subscription fee. Instead of following the traditional model of offering improved performance through upgraded components, VW has locked its car’s true potential behind a software subscription.

Inflation and prices still reign as the top issue of importance for Americans, according to the latest weekly survey from the Economist/YouGov.

The film industry has already abandoned Hollywood, devastating thousands of jobs, but now it is abandoning Georgia and other southern states.

American taxpayers will enjoy a $3,752 tax cut on average in 2026 as a result of the Republicans’ One Big Beautiful Bill Act, according to an analysis by the nonpartisan Tax Foundation.

President Donald Trump’s tariff policy is about a lot more than raising import duties. This is the new “deal economy”—less about rates, more about commitments.

Speaking at the SPROUTS business forum in Kazan, Russia on Monday, analyst Natalia Khobrakova of the B1 consulting firm said that China has become the top investor in the Far East, with over 90% of foreign investment in the region coming from Chinese sources. That includes Russia’s Tatarstan region, where the forum was held.

Air Canada suspended its plan to resume operations on Sunday after the flight attendants union said it would defy a return-to-work order.