Powell warns of unseen tariff risk as hiring slows
Business & Markets • 5 months ago
Fed chair says tariffs may be absorbed through payroll costs rather than immediate price spikes; rate cut last week frames policy amid inflation concerns.
Business And Markets News
Amazon to close all 19 Amazon Fresh stores in the UK as it overhauls grocery strategy
Business & Markets • 5 months ago
Company plans to convert five locations to Whole Foods; doubles Prime grocery options via partners; consultation underway; up to 250 UK jobs affected
UK positions itself as open to overseas talent as US overhauls visa policy
Business & Markets • 5 months ago
Chancellor Rachel Reeves says Britain will expand high-skilled visas and attract global talent, while the U.S. tightens rules for skilled workers amid a major tech investment by Revolut in London.
New York City-area housing leads fastest-growing markets; lone outlier is Tuxedo Park
Business & Markets • 5 months ago
A Stacker analysis of Zillow data shows most of New York’s top 50 fastest-growing markets are clustered around NYC, led by Sagaponack and other Long Island and Westchester communities; Tuxedo Park is the sole exception.
Paramount in advanced talks to hire former Trump antitrust official for legal team amid merger push
Business & Markets • 5 months ago
Former U.S. antitrust chief Makan Delrahim in talks to join Paramount Global's legal team as the company weighs blockbuster deals under new leadership; antitrust scrutiny could loom for any Warner Bros. Discovery move.
Powell Says Fed Faces 'Challenging Situation' as Officials Split Over Rates
Business & Markets • 5 months ago
Fed Chair Jerome Powell warns of upside inflation risk and a fragile labor market amid debate over pace of rate cuts
Pinstripes shutters 10 locations as bankruptcy restructuring accelerates
Business & Markets • 5 months ago
Entertainment-and-dining chain exits seven states, including Florida; eight sites remain under a buyer agreement
Fixer-Uppers Become a Viable Path to Homeownership in 10 U.S. Markets
Business & Markets • 5 months ago
Realtor.com finds steep discounts on older homes needing renovations, spotlighting Midwest and Southern metros where affordability is tempered by renovation costs
Trump-Led $350 Billion Tech Pact Ties UK More Closely to US in AI Push
Business & Markets • 5 months ago
U.S.-backed investments in AI, cloud, and supercomputing aim to strengthen Britain’s tech stack and counter China, with Google, Microsoft, and AWS among the biggest players.