Saturday, August 8, 2026
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Business

Business news, markets, and economy

The economy slowed a bit -- but Americans continued to spend
Business

The economy slowed a bit -- but Americans continued to spend

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but co...

The renter-owner wealth gap is wider than ever, as many are priced out of buying
Business

The renter-owner wealth gap is wider than ever, as many are priced out of buying

Housing has long been the largest source of wealth for middle income families. But many renters cannot afford to buy as housing prices soar, which could fuel a...

The Federal Reserve faces a critical decision on interest rates
Business

The Federal Reserve faces a critical decision on interest rates

Policymakers at the Federal Reserve are meeting to discuss interest rates Wednesday. They're expected to hold rates steady, but there's a chance they could rais...

FIFA has a new plan to raise billions of dollars: Selling stakes in the World Cup
Business

FIFA has a new plan to raise billions of dollars: Selling stakes in the World Cup

FIFA has a complex plan to sell chunks of its commercial rights to the World Cup to minority investors, including a firm run by Joshua Kushner, the brother of J...

Yes, it's possible to save money while paying off credit card debt. Here's how
Business

Yes, it's possible to save money while paying off credit card debt. Here's how

In fact, experts recommend it because it can keep you off the hamster wheel of debt. Here's how to find the money in your budget to put toward savings and credi...

Kalshi attacks Wisconsin law banning election bets as 'voter suppression'
Business

Kalshi attacks Wisconsin law banning election bets as 'voter suppression'

The spat between the leading prediction market company and a key battleground state could be a glimpse into the next major fight between states and the fast-gro...

Rage-giving, innovation and cuts: How public media has survived without federal funds
Business

Rage-giving, innovation and cuts: How public media has survived without federal funds

A year after President Trump signed a law ending six decades of federal funding of public media, it's a time of reinvention, innovation and clear anxiety at pub...

Justice Dept. drops 'New York Times' subpoenas under pressure from judge
Business

Justice Dept. drops 'New York Times' subpoenas under pressure from judge

The Justice Department is dropping the subpoenas it filed demanding grand jury testimony and phone records from New York Times journalists after sharp questioni...

Trump to impose double-digit tariffs on dozens of countries
Business

Trump to impose double-digit tariffs on dozens of countries

The United States will slap taxes of 10% to 12.5% on imports from 60 countries accounting for 99% of U.S. imports, charging that they have inadequately enforced...

'New York Times' alleges White House abuses legal system to intimidate reporters
Business

'New York Times' alleges White House abuses legal system to intimidate reporters

The New York Times will argue in court Thursday that the White House is abusing the justice system to intimidate reporters over a story that angered President T...

A town renamed its festival 'AI Love Irondale Day.' Then came the comments
Business

A town renamed its festival 'AI Love Irondale Day.' Then came the comments

Irondale, Alabama rebranded its annual festival around AI, causing online backlash and then a return to the original name. Residents who attended the festival t...

Staying in a job for the health insurance? About 1 in 4 Americans do, a survey says
Business

Staying in a job for the health insurance? About 1 in 4 Americans do, a survey says

About 24% of U.S. employees stay in unwanted jobs just for health insurance, a report out Wednesday finds. Up significantly since 2021, the uptick in "job lock"...

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