Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook.
Category Archives: business
The salary you need to be considered middle class in every U.S. state
A six-figure household income doesn’t necessarily make you rich — in many cases, it just means you’re middle class. The upper bound of what’s considered middle class for households exceeds $100,000 in every U.S. state, according to a SmartAsset analysis of 2023 income data, the most recent available from the U.S.
Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.
Lyft to roll out robotaxis in Atlanta
Lyft is about to enter the increasingly competitive world of robotaxis.
Tesla owners are trading in their EVs at record levels, analysis shows
As Elon Musk wraps up his second month in the White House, Tesla owners are trading in their electric vehicles at record levels, according to an analysis by national car shopping site Edmunds.
Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group.
From London to Las Vegas, passengers left stranded as fire shuts down U.K.’s Heathrow Airport
LONDON — From Las Vegas to Frankfurt to Dubai, hundreds of thousands of stranded passengers waited for news about flights to and from London’s Heathrow Airport after it was closed by a massive fire at a nearby electricity substation.
A one-of-a-kind Paul Skenes baseball card sells for $1.11 million via auction
A one-of-a-kind Paul Skenes baseball card has been sold for $1.11 million after a two-week auction.
Women’s sports bars expected to quadruple across the U.S. in 2025
Before 2025, there were only six women’s sports bars across the U.S. By the end of this year, the number is expected to be about two dozen, according to an NBC News analysis.
London’s Heathrow airport resumes flights after a huge fire caused a power outage
London’s Heathrow Airport was closed Friday after a fire at a nearby electricity substation caused power outages at the major transport hub.