business news
Amgen to invest $600 million in new R&D facility in California
Biotechnology giant Amgen Inc. has announced a major investment exceeding $600 million to construct a state-of-the-art research and development (R&D) center at its global ...
The Fed will update its rate projections Wednesday. What to expect
Washington, D.C. – March 18, 2025 – The Federal Reserve is set to release its updated interest rate projections this Wednesday, a highly anticipated ...
OpenAI considering own social network to compete with Elon Musk’s X
OpenAI Explores Social Community to Rival Elon Musk’s X, Fueled by ChatGPT’s Picture Era Success April 16, 2025 San Francisco, CA – OpenAI, the ...
Trump advisor Peter Navarro says India must stop buying Russian oil
Trump Advisor Peter Navarro Urges India to Halt Russian Oil Purchases Amid Rising Tensions Washington, D.C. – August 18, 2025 – Peter Navarro, a ...
Trump Rejects Special Prosecutor for Jeffrey Epstein Case Amid Growing Controversy
Trump won’t recommend Jeffrey Epstein special prosecutor July 18, 2025 — President Donald Trump will not recommend appointing a special prosecutor to investigate the ...
Airlines expected to cut 2025 outlooks as travel demand falters
Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel ...
Trump gift problematic, Sen. Susan Collins says
Sen. Susan Collins Criticizes Trump’s Qatar Jet Reward as ‘Rife with Espionage Dangers’ Might 16, 2025 – Washington, D.C. Sen. Susan Collins (R-Maine), chair ...
Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Fed President Goolsbee Signals Rate Cuts Dependent on Inflation Progress Chicago, IL — March 21, 2025 — Chicago Federal Reserve President Austan Goolsbee ...
2.9% rise highest since Feb | U.S. Core PCE Inflation Rises to 2.9% in July 2025, Highest Since February Amid Tariff Pressures
Washington, D.C. – August 29, 2025 – The U.S. Bureau of Economic Analysis reported Friday that core Personal Consumption Expenditures (PCE) inflation climbed to ...
Hyundai adjusts 2025 forecast, citing tariffs, ahead of investor day
Hyundai Raises Revenue Outlook but Trims Profit Margin Amid U.S. Tariff Squeeze, Sets Stage for New York Investor Day New York, NY – Hyundai ...
