Tag: general news

A top Fed official leans toward December rate cut but says it depends on economic data

WASHINGTON -- A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets...

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that...

Drivers for Spanish food delivery app Glovo will become full-time employees

MADRID -- Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company...

US commits to $7.54B loan for Stellantis venture to build 2 EV battery plants

DETROIT -- A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion...

More than 3 million travelers screened at US airports in a single day. That's a record

Travelers heading home after the Thanksgiving holiday set a record on Sunday, as airport officers screened more than 3 million people.The Transportation Security...

What billionaires and their advisors say keeps them from giving more and faster

Marie Dageville and her husband Benoit Dageville became billionaires overnight when his data cloud company, Snowflake, went public in September 2020. After that...