Vehicle sales in the United States have not declined this year as they have during past times of war and economic pressure, Reuters reported Wednesday (July 1). While sales fell after the start of the Iraq war in 2003 and a surge in gas prices...
Celebrating the Fourth of July will be more expensive this year, with the prices of products ranging from beef to strawberries to fuel being higher than they were in 2025. The Wall Street Journal reported Tuesday (June 30) that beef prices will remain at a...
The Bureau of Labor Statistics (BLS) has taken steps to reduce the risk of improper disclosure of data, although there is more the agency can do, the U.S. Department of Labor, Office of the Inspector General (OIG) said Tuesday (June 30). The OIG said this...
DraftKings has launched a proprietary, vertically integrated foundation for its prediction markets experience, DraftKings Predictions, and integrated it into the DraftKings: Sports & Casino app. This proprietary exchange, DKeX, and its integration into the app and will enable DraftKings to innovate more rapidly, the digital sports...
Goldman Sachs has increased its estimate of the share of U.S. jobs that could be displaced by generative artificial intelligence (AI) from the previous 6-7% to over 9%, Seeking Alpha reported Thursday (June 25). That displacement, which would amount to about 15 million workers, could...
Higher incomes are offering households some relief, but rising prices continue to claim a substantial share of those gains. Fresh data released Thursday (June 25) by the Bureau of Economic Analysis showed that personal income, disposable personal income and consumer spending each rose 0.7% in...
Chief financial officers grew more optimistic about their own firm in the second quarter even as they got less optimistic about the overall U.S. economy, according to the latest CFO Survey released Wednesday (June 24) by the Federal Reserve Bank of Richmond, in collaboration with...
Polymarket reportedly paid content creators to film themselves making fake trades and scoring phony wins. That’s according to an investigation by The Wall Street Journal (WSJ) published Sunday (June 21), based on an analysis of more than 1,100 videos by the publication, along with instructional...
Citigroup changed its expectations for a Federal Reserve interest rate cut, Reuters reported Thursday (June 18). The banking giant is a “longstanding Fed dove” among big brokerages, the report said. Now, however, the hawkish position of policymakers in the United States has Citi projecting 25-basis-point...