Masayoshi Son’s Big Bet: $100B and 100K Jobs in the U.S.
SoftBank’s leader, Masayoshi Son, stood with President-elect Donald Trump at Mar-a-Lago on Monday, pledging a $100 billion U.S. investment and a goal of at...
TikTok must either sell its US operations or pack its bags by early 2025
It’s official: TikTok must either sell its U.S. operations or pack its bags by early 2025. The company’s fight against a new American law...
US restricts China’s access to AI and chip components
The Biden administration has introduced new measures to block China’s access to key semiconductor technologies.
As of today, 140 Chinese companies, including major firms like...
US mortgage rates continue to rise, 30-year fixed climbs to 6.79%
US mortgage rates are on the rise again. According to Freddie Mac, the average rate on a 30-year fixed mortgage rose to 6.79% this...
24% of home buyers in the US are first-time buyers, lowest level since 1981
Low Numbers for First-Time Buyers: First-time home buyers now make up only 24% of the market. This is a big drop from 32%...
DoJ reaches $101.98 million settlement for Francis Scott Key Bridge collapse
The US Department of Justice (DoJ) has reached a settlement of $101.98 million with the Singapore-based companies that owned and operated the container ship...
Boeing workers reject newly proposed contract
Boeing workers on the West Coast have rejected a newly proposed contract by the company, extending the strike of more than 33,000 employees to...
Existing home sales in the US fell by 1% in September
Existing home sales in the US fell by 1% in September from the previous month to a seasonally adjusted annual rate of 3.84 million...
E. coli outbreak in the US linked to McDonald’s Quarter Pounders
The CDC and FDA are investigating a US E. coli outbreak linked to McDonald's Quarter Pounders.
The CDC has identified 49 E. coli cases across...
Disney appoints James Gorman as new Chairman amid leadership transition
The Walt Disney Company announced significant leadership changes on Monday.
The conglomerate will appoint James Gorman, former CEO of Morgan Stanley, as Charman of the...
