U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back losses from its worst day since 1987. Stronger-than-expected profit reports from several big U.S. companies helped drive the market. ... Read More
U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs. Friday’s Labor Department report showed a drop from the 179,000 jobs created in June. ... Read More
The NCAA and college sports leaders believe they have found a way through a massive antitrust settlement to finally separate “true NIL" for athletes from booster-funded payments they say are actually pay-for-play or recruiting inducements masquerading as...... Read More
The Environmental Protection Agency is issuing an emergency fuel waiver to help alleviate gasoline shortages in four Midwest states after the shutdown of an refinery in Illinois. Exxon Mobil shut down its Joliet refinery last month after a power outage. ... Read More
U.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag inflators are dangerous and should not be in use, taking another step toward a massive recall. The decision by the National Highway Traffic Safety Administration...... Read More
U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates. There were 8.18 million job vacancies in June, down from 8.23 million in May, the Labor Department reported Tuesday.... Read More
The main swimming pool for the Paris Olympics is set up inside a 30,000-seat rugby stadium. Sound strange? Not really. It's the new norm. The U.S. Olympic trials were held this year at Lucas Oil Stadium in Indianapolis, a 63,000-seat venue.... Read More
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates. Thursday’s report from the Commerce Department said the...... Read More
The full settlement agreement of antitrust lawsuits involving the NCAA and college sports' wealthiest conferences is expected to be filed with a federal court by the end of the week, an attorney for the defendants told The Associated Press on Tuesday.... Read More
A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers. Cybersecurity firm CrowdStrike said that the issue believed to be behind the outage was […]... Read More
