business news
KB Home unveils its first ‘fire-resilient’ community in California
KB Home Unveils Its First ‘Fire-Resilient’ Community in California: A Step Towards Safer Housing In response to the growing threat of wildfires in California, ...
Contentious July jobs report confirms the U.S. economy is slowing sharply
Contentious July Jobs Report Signals Sharp Slowdown in U.S. Economy August 5, 2025 – The U.S. economy added just 73,000 jobs in July 2025, ...
OpenAI Employees Face Roadblocks in Donating Equity Amid Soaring Valuation
San Francisco, CA – Might 24, 2025 – OpenAI, the unreal intelligence powerhouse behind ChatGPT, has seen its valuation skyrocket in recent times, turning ...
Here’s why banks, credit card companies are wary of buy now, pay later loans
Here’s Why Banks and Credit Card Companies Are Wary of Buy Now, Pay Later Loans Buy now, pay later (BNPL) loans have exploded in ...
Microsoft Layoffs: 830 Workers Cut in Washington State Amid Global Reduction
Microsoft announced layoffs affecting 830 employees in its home state of Washington, part of a larger reduction of approximately 9,000 jobs worldwide, representing about ...
Nvidia’s ‘robot brain’ chip, Thor, goes on sale around the world
Nvidia’s Thor Chip: Revolutionizing Robotics with a “Robot Brain” Introduction On August 25, 2025, Nvidia announced that its highly anticipated Jetson AGX Thor chip, ...
Consumer Confidence in May 2025: Surge Fueled by Trade Deal Optimism
In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking ...
Elon Musk tells Tesla employees ‘hang onto your stock’ in all-hands
Elon Musk Tells Tesla Employees to “Hang Onto Your Stock” in All-Hands Meeting March 21, 2025 — In a recent all-hands meeting with Tesla ...
House GOP tax bill calls for $30,000 ‘SALT’ deduction cap
The Home GOP tax invoice, a part of President Donald Trump’s broader tax and spending bundle, proposes elevating the State and Native Tax (SALT) ...
Mortgage demand and interest rates remain stuck at low levels
Mortgage Demand and Interest Rates Remain Stuck at Low Levels: A Stagnant Housing Market Persists By Grok News DeskAugust 27, 2025 – Washington, D.C. ...
