Wall Street's biggest banks posted record profits as trading and dealmaking surgedThe robust earnings from JPMorgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo marked a 39% increase from the same period a year earlier
Fed Chair Kevin Warsh vows to make 5 years of high inflation 'a thing of the past'Warsh called inflation "a tax on the American people" in his first appearance before Congress as the central bank's leader
Trump drops his Strait of Hormuz shipping fee. The Iran blockade is still onThe president scrapped the toll one day after announcing it, citing investment pledges from Gulf states. He offered no further details
Inflation finally cooled. Oil prices did that — for nowA monthly dip in gas prices followed a lull in the Iran war But a ceasefire has collapsed, and the benchmark U.S. oil price is rising again
Managers keep giving extra work to employees who love the job — until they quitMost managers hand extra assignments to employees who enjoy the job the most. But uneven workloads push enthusiastic performers toward resigning
The world's first Pokémon-themed airport will aid in earthquake recoveryNoto Satoyama Airport in Ishikawa Prefecture will reopen as a Pokémon attraction in July to help revive tourism after a 2024 earthquake
Meta is being sued over claims its AI systems targeted disabled workers for layoffsThe former employees say Meta assembled its termination list using a set of internal AI systems rather than direct managerial review
Extreme trade and immigration policies could slow growth and fuel stagflation, strategist warnsKevin Gordon, Director and Senior Investment Strategist at Charles Schwab, breaks down how Donald Trump's tariff war could impact investors
Politics & GovernmentRenewable energy stocks slide as Senate eyes tax-credit rollbacksLooming rollbacks are driving down clean-energy stocks amid outcry from advocates — including Elon Musk
Cloud ComputingNew York is halting large data center construction in the country's first statewide ban
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