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Today: August 28, 2026
Today: August 28, 2026

Economy

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CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Economy|Finance|Sports

Young adults in U.S. have staked $5.4 billion this year on Kalshi

A new CNN analysis reveals young people in the U.S. aged 18 to 21 have placed wagers worth $5.4 billion on the Kalshi prediction market so far this year. Marshall Cohen breakdowns the numbers, and the backlash.

Young adults in U.S. have staked $5.4 billion this year on Kalshi
Business|Economy|Finance|Technology

Pinterest finance chief Julia Donnelly to step down in October

Pinterest said on Friday Chief Financial Officer Julia Donnelly will leave on October 30, and the company has launched an external search for

Pinterest finance chief Julia Donnelly to step down in October
Arts|Crime|Economy|Entertainment|Sports|Travel

2 LaGuardia air traffic controllers left work an hour early before deadly crash, AP source says

Two air traffic controllers could be fired for leaving the tower at New York’s LaGuardia Airport about an hour early on the night that an Air Canada jet smashed into a fire truck crossing the runway, killing both pilots

2 LaGuardia air traffic controllers left work an hour early before deadly crash, AP source says
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Civil rights groups make urgent plea for voting rights in DC, ahead of midterm elections

Hundreds of protesters have rallied on the National Mall for a march in support of voting rights and racial justice ahead of the midterm election

Civil rights groups make urgent plea for voting rights in DC, ahead of midterm elections
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US diplomats and family members slowly begin to return to the Mideast embassies

American diplomats and at least some of their family members are beginning to return to U.S. embassies in the Middle East

US diplomats and family members slowly begin to return to the Mideast embassies
Arts|Business|Economy|Finance

Warsh's 'quieter Fed' now includes a smidgen of guidance

By Michael S.

Warsh's 'quieter Fed' now includes a smidgen of guidance
Business|Economy|Finance

Investors heartened by Warsh inflation talk, still uncertain about Fed action

Investors were heartened on Friday by new Federal Reserve Chair Kevin Warsh's stated resolve to tame high

Investors heartened by Warsh inflation talk, still uncertain about Fed action
Arts|Economy|Environment

California sues Trump administration over offshore wind lease cancelation

California on Friday sued the Trump administration and an offshore wind developer over a deal that canceled a planned project off the state's Central Coast in exchange for a $120

California sues Trump administration over offshore wind lease cancelation
Arts|Business|Economy|Environment|Food

Trump vows legal order to break up 'nasty monopoly' in food processing

U.S.

Trump vows legal order to break up 'nasty monopoly' in food processing
Business|Economy|Finance|Stock Markets|Technology|US

The bond market prepares for a hike to interest rates, while US stocks drift lower

The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control

The bond market prepares for a hike to interest rates, while US stocks drift lower
Arts|Business|Crime|Economy|Environment|Health|Lifestyle|Sports

Woman dies after tree falls on camper during severe storms

Woman dies after tree falls on camper during severe storms

Woman dies after tree falls on camper during severe storms
Business|Economy|Health|Science|Technology

Juul gets OK to sell updated vaping device with age-gating technology

E-cigarette maker Juul Labs has received U.S. permission to sell an updated version of its vaping device

Juul gets OK to sell updated vaping device with age-gating technology
Business|Economy|Europe|Food|US|World

Argentina beef exports to US face test from Trump proposal

Argentina's booming beef exports to the United States could face a new test after Washington moved to widen tariff-free access for suppliers, potentially increasing

Argentina beef exports to US face test from Trump proposal
Arts|Business|Economy|Finance

Brazil weighs lending curbs as household debt stress mounts

Brazil's central bank is studying measures to curb the rising debt burden of the country's consumers but plans first to

Brazil weighs lending curbs as household debt stress mounts
Business|Economy|Finance|Technology

Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight

Wall Street's main indexes ended lower on Friday, with investors turning cautious after Federal Reserve Chair Kevin Warsh

Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
Economy|Political|World

Iran lashes out at US sanctions amid economic toll at home

Iran condemned the United States' new economic sanctions on Friday as "state terrorism" while its supreme leader

Iran lashes out at US sanctions amid economic toll at home
Arts|Economy|Environment|Finance|Technology

Trump administration appeals $16 billion Hudson Tunnel funding order

The Trump administration on Friday appealed a court order requiring it to make payments for the $16 billion Hudson Tunnel project after losing its

Trump administration appeals $16 billion Hudson Tunnel funding order
Business|Economy

Brazil creates fewer formal jobs than expected in July

Brazil's economy created a net 58,568 formal jobs in July, data from the Labor Ministry showed on Friday, below the 112,000 net openings expected by economists in a

Brazil creates fewer formal jobs than expected in July
Economy|Finance

Stablecoins not a credible means of payment at scale, BIS chief says

Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of this new

Stablecoins not a credible means of payment at scale, BIS chief says
Arts|Economy|Environment|Finance|MidEast|Science|Technology|World

Six consequences after six months of war in Iran

(Corrects last paragraph to say it is the Navy's longest deployment, not the longest deployment for the USS Gerald R.

Six consequences after six months of war in Iran
Business|Economy|Finance

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation
Business|Economy

Trump says he’ll make it easier for ranchers to process their own food after blowback over his beef policies

Trump says he’ll make it easier for ranchers to process their own food after blowback over his beef policies

Trump says he’ll make it easier for ranchers to process their own food after blowback over his beef policies
Arts|Economy|Entertainment|Finance

Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated

Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook

Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated