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Categories Economy

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

June 27, 2025

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent

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Categories Economy

Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

June 26, 2025

Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst &

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Categories Economy

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

June 26, 2025

Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S.

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Categories Economy

How Fanatics is teaching business acumen to pro athletes

June 25, 2025

Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than

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Categories Economy

Apple sued by shareholders who allege it overstated AI progress

June 24, 2025

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it

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Categories Economy

Walmart to pay $10 million to settle lawsuit over money transfer fraud

June 24, 2025

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring

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Categories Economy

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 21, 2025

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing

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Categories Economy

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

June 21, 2025

Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S.

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Categories Economy

Nike pushes back Skims launch with Kim Kardashian due to production delays

June 20, 2025

Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch

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Categories Economy

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

June 19, 2025

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions

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