Economy

Economy
Economy

Powerball player in Illinois wins $1 billion jackpot

An incredibly lucky resident of Illinois has become a billionaire overnight after matching all six numbers in Wednesday night’s Powerball drawing. According to officials from the lottery organization, the single winning ticket secured an estimated jackpot of 1.04 billion dollars, marking the largest payout seen so far this year. The magic numbers that changed one

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Economy

Trump sued over “brazen” scheme to sell Truth Social API access for $100K a month

Donald Trump and several top aides are facing a legal battle after allegations surfaced that the former president orchestrated a scheme to sell access to his Truth Social data feed for upwards of one hundred thousand dollars a month. A new lawsuit claims that Trump is essentially privatizing government information, charging high fees for API

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Economy

Stock futures are little changed as traders await more inflation data: Live updates

Wall Street entered a period of cautious anticipation on Wednesday night, with stock futures remaining largely flat as investors braced for new inflation data. While Dow Jones Industrial Average futures held steady, the S&P 500 and Nasdaq-100 saw marginal declines. This hesitation follows a relatively tame consumer price index report that helped lift the S&P

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Economy

‘Profoundly corrupt’: Trump sued in federal court over selling early access to Truth Social posts

Donald Trump is facing a federal lawsuit alleging that he has turned presidential communications into a private revenue stream by selling early access to his Truth Social posts. The complaint, filed in the Southern District of New York, describes the arrangement as profoundly corrupt, arguing that the former president is leveraging market moving government information

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Economy

Major Food Recall Expands To Trader Joe’s, Walmart, Target & More As 345 People Get Sick

A massive food recall has widened its reach across the United States, impacting some of the country’s largest retailers including Walmart, Target, Trader Joe’s and Whole Foods. The expansion comes as health officials report that 345 people have fallen ill and 36 have been hospitalized due to Salmonella contamination linked to jalapeños supplied by Coast

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Economy

Stock Market Today: Nasdaq Charges Higher On Inflation Report; Nvidia Partner CoreWeave Soars (Live Coverage)

The Nasdaq surged upward during today’s trading session as investors reacted positively to the latest inflation report. The data provided a much needed sense of relief across the board, signaling a potential cooling trend that typically encourages more aggressive buying in growth sectors. Tech heavy indices led the charge, reflecting a growing confidence among traders

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Economy

Trump sued over $100,000-a-month early-access offer to Truth Social posts

Donald Trump is facing a new legal battle following the launch of a controversial subscription service that grants wealthy users early access to his posts on Truth Social. A lawsuit filed in the U.S. District Court for the Southern District of New York by The Intercept and the Freedom of the Press Foundation alleges that

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Economy

Social Security adds 14 conditions to disability fast-track list

The Social Security Administration is expanding its effort to get financial aid to the most critically ill patients by adding 14 new health conditions to its fast track disability list. This update brings the total number of qualifying ailments under the Compassionate Allowances program to 314. The initiative is specifically designed to bypass much of

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Economy

Inflation cooled in July but remained elevated as Fed weighs rate hikes

Inflation showed some signs of cooling in July, though prices for many essential goods remain stubbornly high, leaving the Federal Reserve in a delicate position as it decides whether to raise interest rates next month. According to new data from the Bureau of Labor Statistics, the consumer price index ticked up just 0.1 percent on

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Economy

Live Updates: Strait of Hormuz traffic falls to new low as Iran-backed Houthis kill 6 in Red Sea, authorities say

Maritime chaos is deepening across the Middle East as shipping traffic in the Strait of Hormuz plummets to new lows amid escalating tensions between Iran and the United States. The volatility intensified Wednesday following a deadly strike by Iranian backed Houthi rebels on a vessel in the Bab el Mandeb strait, which left six people

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