Business
Business news, markets, and economy
Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market
U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Lab...
Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they provide va...
Amid cost of living stress, many parents are supporting children well into adulthood
Polls show most Americans think young adults today have it harder financially than past generations. A majority of parents help their grown children with expens...
This lawyer believes in second chances. Now AI is providing a boost
Tens of millions of Americans have criminal records that can be barriers to employment. An AI-powered app is helping those eligible to expunge their records at...
Capital One says it closed Trump Organization accounts over money-laundering concerns
The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — expla...
Why did OpenAI's and Anthropic's AI models hack other companies?
OpenAI and Anthropic say their models broke into other companies' systems during testing, raising security concerns amid a heated debate over how to regulate AI...
For sale: early access to Trump's Truth Social posts
The president's media company is offering investors early access to his Truth Social feed for up to $100,000 a month. Experts say the service may violate inside...
FIFA scraps controversial deal to sell stakes in World Cup to private investors
FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation...
Oil companies report sky-high profits thanks to wartime crude prices
Chevron reported its highest quarterly earnings ever. Shell had its second-biggest quarter, and ExxonMobil doubled its earnings compared with the same time last...
How did boosting manufacturing in the Amazon pay off for Brazil?
Many countries talk about wanting to boost manufacturing. Decades ago, Brazil did it. They lured international businesses to build a whole bunch of factories in...
Are you choosing to stay single? We want to hear from you
Solo living, solo travel, and solo dining are all being embraced as more adults are choosing to remain single. Many Americans aren't interested in dating, and b...
European soccer leaders to boycott the World Cup in an unprecedented step
In an unprecedented step, European nations said they would boycott the World Cup unless FIFA reverses a controversial deal to sell minority stakes to the marque...