News
Ken Griffin proceeds with Citadel skyscraper despite Mamdani feud
The development of a skyscraper in New York City that will house Ken Griffin’s Citadel is moving forward despite his feud with New York City Mayor Zohran Mamdani. The skyscraper project at 350 Park Avenue is being developed by Griffin’s Citadel in partnership…
Neel Kashkari argues Fed should hike rates to fight inflation soon
Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substantial monetary policy action at a later date. Kashkari was…
ADP report July 2026: Private sector adds 44,000 jobs
Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 70,000 jobs and down from the prior month’s revised 95,000 payrolls figure…
Buc-ee’s sues Ohio mini mart over beaver logo trademark infringement claims
Buc-ee’s has sued a small mini-mart in Ohio, alleging its cartoon beaver logo is too similar to the popular Texas-based chain’s iconic logo, adding to the various lawsuits the company has filed against small stores with cartoon animal branding despite an HBO…
Beef prices surge nearly 12% as the US cattle herd hits 70-year low
American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies. The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage…
LinkedIn ranks top colleges for career success with Princeton No. 1
A new report by LinkedIn ranked the top 50 colleges in the U.S. based on how they prepare students for long-term success in their careers, using a range of factors that leverage the career networking platform’s data. The report uses LinkedIn data to rank…
American farmers feed growing demand with less farmland
CADIZ, Ky. – The U.S. soybean industry is working to meet growing global demand despite operating with less farmland and fewer farms. According to the Department of Agriculture, the U.S. had about 943 million acres of farmland in 2000. That figure has since…
NHTSA upgrades Ford timing belt probe over ‘unreasonable’ safety risk
Some older Ford cars and SUVs pose “unreasonable” safety risks, according to federal regulators, warning that the timing belt may fail, causing them to lose power or engines to seize. The National Highway Traffic Safety Administration announced on Monday…
Zillow report shows luxury home sales surging as starter inventory rises
The U.S. housing market is trending in two different directions as a new report from Zillow finds that while demand for luxury homes is surging, starter home sales are softening with growing inventory. Zillow’s data defines starter homes as those in the 5th…
OCC and FDIC propose CRA reforms targeting activist group funding
Financial regulators in the Trump administration are proposing changes to a banking industry rule that critics say has been diverted from its original purpose to funneling funds from financial institutions to left-wing advocacy groups. The Office of the…
Fed rate hike backed by 3 dissenting members over inflation concerns
The Federal Reserve left its benchmark interest rate unchanged this week despite three dissenting votes from Fed governors who would’ve preferred the central bank hike rates to help rein in stubbornly-high inflation, they explained on Friday. The Federal Open…
Bessent warns China over rare earth minerals and AI model IP theft
Treasury Secretary Scott Bessent said in an interview on Thursday that he expects economic growth to pick up later this year with core inflation trending lower, while he warned that there have been growing tensions with China over artificial intelligence and…