UPS Has Cut 48,000 Jobs in 2025, Shares Rise 7% in Q3
UPS (United Parcel Service) beat Wall Street estimates for the third quarter and outlined progress on a turnaround that includes […]
Business
Scope Downgrades U.S. Credit Rating Citing Weakened Governance
European ratings agency Scope downgraded U.S. sovereign credit to AA- from AA on Friday, citing “sustained deterioration in public finances
Federal Debt Exceeds $38 Trillion, Fastest Accumulation Outside of Pandemic
The U.S. government’s national debt surpassed $38 trillion on Wednesday as the federal shutdown continued, marking a record and underscoring
OpenAI Blocks Sora Videos of MLK, Jr. Due to ‘Disrespectful Depictions’
OpenAI has blocked users from creating videos of Martin Luther King Jr. on its Sora app after the late civil
U.S., China Make Deal on TikTok Ownership
Donald Trump on Tuesday announced an agreement between the U.S. and China to keep TikTok operating in the United States.
July Retail Sales Climb, but Weakening Job Market Threatens Consumer Spending
U.S. retail sales rose 0.5% in July, lifted by strong auto demand and major sales promotions from Amazon and Walmart,
DuPont Settles Water Lawsuit for $27 Million
Chemical manufacturer DuPont has agreed to a $27 million settlement to resolve a long-running class action lawsuit alleging decades of
Starbucks Reports Sixth Straight U.S. Sales Decline Amid Turnaround Efforts
Starbucks reported a sixth consecutive quarterly drop in U.S. same-store sales Tuesday, as the coffee chain faces continued pressure from
Conservative Group Sues Trump Over Tariffs
A conservative legal advocacy group has filed a federal lawsuit against the Trump administration, arguing that the president’s unilateral tariffs
Stock Market Has Varied Landings on Tuesday
U.S. stock indexes ended mostly flat Tuesday following a choppy trading session, as Wall Street continued to absorb the Trump