Asian shares skid as oil and gas prices surgebusinessMar 19, 3:48 AMShares have retreated in Asia after a slump on Wall Street as oil prices shot over $110 a barrel. Tokyo's Nikkei 225 fell 2.5% and most other major benchmarks fell more than 1%.AP News...
Powell Says He Will Remain as Fed Chair Until Successor Is ConfirmedbusinessMar 18, 9:53 PMJerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.The New York Times...
Fed projects one rate cut this year as Powell vows to stay on until DOJ investigation is finishedbusinessMar 18, 9:46 PMThe Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.AP News...
Powell Delivers Damning Report on Trump’s Flailing EconomybusinessMar 18, 9:21 PMThe Federal Reserve chair refused to bow down to Trump’s demands to cut interest rates.The Daily Beast...
The national debt just crossed $39 trillion-almost doubling since Trump vowed to erase itbusinessMar 18, 9:13 PMBudget experts agree on one thing. The debt is on an "unsustainable" trajectory.Fortune...
FTC warns 97 auto dealers about misleading pricing practicesbusinessMar 18, 9:08 PMThe FTC is targeting deceptive auto dealer pricing as part of broader affordability and price transparency efforts, warning dealers against misleading pricing practices.Fox Business...
Free For First Time In Recent HistorybusinessMar 18, 9:08 PMWhat's notable about the Disney CEO succession from Bob Iger to Josh D'Amaro is that it's been smooth, a rarity in the company's recent history.Deadline...
Why Global Energy Shock Could Leave China Stronger Than EverbusinessMar 18, 9:00 PMChina is positioned to become a major economic winner from the Middle East energy crisis due to its massive strategic oil stockpiles and long-term investment in a resilient 'supergrid' and renewable energy buildout.Crude Oil Prices Today | OilPrice.com...
Amazon doesn’t want the blame for the Post Office going underbusinessMar 18, 8:55 PMAmazon says the USPS “walked away” from negotiations on a new contract in December, claiming it has received “no response” on a bid for last-mile deliveries in February.The Verge...
Amazon will reportedly cut its USPS shipments by at least two-thirdsbusinessMar 18, 8:09 PMThe company says it was forced to plan accordingly while waiting for the results of a new bidding process.Engadget...
Gas price spike spurs a political blame game in CaliforniabusinessMar 18, 8:07 PMCalifornia's gas prices have long been high, and spikes due to the war with Iran have sparked debate over who's to blame. Some Democrats say Gov. Gavin Newsom could do more to ease prices.NPR...
Federal Reserve holds interest rates steadybusinessMar 18, 7:17 PMFederal Reserve policymakers chose to leave interest rates steady following their March meeting amid a softening labor market and uncertainty over the economic impact of the Iran war.Fox Business...
Powell says he will stay on as head of the Fed until Warsh is confirmedbusinessMar 18, 6:57 PMPowell says he will keep serving as head of the central bank if his nominated successor is not confirmed.CNBC...
F.D.A. Investigates 7 E. Coli Illnesses as Raw Dairy Farm Denies Any LinkbusinessMar 18, 6:57 PMThe outbreak has sickened people in California, Texas and Florida. The agency said Cheddar cheese products from Raw Farm are “the likely source,” but the company denies it and has not recalled them.The New York Times...
Bob Iger Officially Exits as Disney CEO as Josh D'Amaro Takes HelmbusinessMar 18, 6:28 PMDeparting Disney CEO Bob Iger delivered a farewell address at the 2026 shareholders meeting as he welcomed Josh D'Amaro as the new chief executive.Variety...
Track the average price of gas, crude oil in the USbusinessMar 18, 6:26 PMBrent crude oil is up by about 50% from the Friday before the U.S.-Israel attacks on Iran.KETV...
Wall Street is betting on Ukraine's drone technologybusinessMar 18, 6:19 PMSwarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.CBS News...
Poll: 66% of Americans disapprove of Trump on gas prices as they feel effects of Iran warbusinessMar 18, 6:05 PMA new Yahoo/YouGov survey finds the president's economic approval rating at an all-time low.Yahoo...
Energy expert explains what's causing higher electricity pricesbusinessMar 18, 5:46 PMMost U.S. states saw an increase in electricity prices, here's why.WXII...
The best early Amazon Big Spring Sale deals you can get right nowbusinessMar 18, 3:52 PMAmazon’s annual spring sale doesn’t kick off until March 25th, but we’ve already found the best early deals on earbuds, robovacs, streaming devices, and more.The Verge...