Chicago Fed Chief Austan Goolsbee defends the independence of the Federal Reserve amid President Trump's push to remove Fed Chair Jerome Powell.
Industry
Apple and Meta Hit With Nearly $800 Million in EU Fines Over Market Rules
Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.
Eli Lilly Sues Four Companies Over Imitation Weight-Loss Drug Tirzepatide
Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.
Big Lots Reopening Over 130 Stores in May After Major Retail Deal
Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.
Swiss Pharma Roche Commits $50B to US Expansion, Backs Biotech Growth in 4 States
Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.
Latest News
Bitcoin drops below $100K amid market uncertainty fueled by Trump's trade war and potential firing of Federal Reserve Chairman Jerome Powell.
DHL suspends shipments over $800 to US due to new customs rules, causing delays in global deliveries.
Boeing faces setbacks as two 737 MAX jets return to the US due to rising US-China tariffs disrupting aircraft deliveries to Chinese airlines.
Amazon and Walmart expand nationwide same-day prescription deliveries, offering faster, more convenient access to medications.Amazon
Corporate fraud scandals like FTX, Theranos, and Enron reveal how deception can destroy companies and shake entire industries.
US corporate bankruptcies surged in early 2025, with major brands like Forever 21 and 23andMe filing amid growing economic pressure.
Major companies are pulling forecasts and scaling back in the US due to rising tariffs, signaling economic uncertainty and potential price hikes for consumers.
The DOJ's ruling against Google could transform online search, creating new opportunities for competitors and raising privacy concerns.
Starbucks updates employee dress code to spotlight its green apron and boost brand identity starting May 12
