Articles

Slower hiring, rising prices, wary consumers: Fed’s beige book points to sluggish economy

Businesses were “hesitant to hire” because of weaker sales and uncertainty tied to U.S. trade wars, the Federal Reserve said, but higher tariffs only raised inflation by a “moderate or modest amount.”

Kraft Heinz’s stock looks like it has bottomed out, one analyst says

The planned separation of Kraft Heinz into two publicly traded companies will limit the downside for the business, Morgan Stanley said.

5 money moves to make if you win the $1.4 billion Powerball jackpot tonight — or get a similar financial windfall

The lessons of managing a significant sum can also apply to plenty of other investors.

NBA star Kawhi Leonard allegedly received $28 million outside the salary cap. Here’s what the punishment could be, if it’s true.

The Clippers and owner Steve Ballmer have denied any wrongdoing. Here’s why the accusations are so serious — and when similar claims have been made in the NBA before.

Polymarket authorized for U.S. return just days after Donald Trump Jr. joins as adviser

Federal regulators are easing hurdles on prediction markets at the same time Trump Jr. is backing them.

Bitcoin funds may soon be bigger than gold, even as yellow metal sets another round of records

Bitcoin has proved to be a worthy rival to gold, as assets under management in exchange-traded funds for the cryptocurrency have been quickly catching up to those of the safe-haven staple.

Why Nvidia and these other chip stocks were just deemed hot plays for the rest of the year

AI will continue to drive chip stocks and is “an area of relative certainty” against a changing geopolitical and economic backdrop, Cantor analysts say.

My husband died last year, but I only received $250 from Social Security. Can I get more under the new law?

“With recent changes I heard that the law has changed and I may qualify to receive a benefit.”

A weak August jobs report will tee up the Fed to reduce interest rates. A worse one may spur even more cuts.

Is the August jobs report the biggest in years? Probably not, but another tepid increase in hiring is sure to cement a reduction in U.S. interest rates this month — and possibly more cuts after that.

AI saved Google from the Justice Department. Here’s why investors shouldn’t celebrate just yet.

The remedies targeting Google’s search dominance will give a major advantage to the AI chatbots disrupting the industry. Will Google Search be able to survive in the long term?

Why Anthropic’s fresh $183 billion valuation is good news for Amazon

The AI startup’s recent funding could boost spending on AWS and lift Amazon’s earnings per share.

Job openings fall again and hiring has stalled. More evidence of weakening U.S. labor market.

The number of job openings in the U.S. fell in July to the second lowest level since the pandemic and hiring patterns signal labor market is even weaker than it seems, a new survey shows.
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