Warsh wants the Fed to say less. Two officials are pushing for more transparency.
More interest-rate hikes are needed to fight inflation, Fed officials say.
More interest-rate hikes are needed to fight inflation, Fed officials say.
Kroger plans to cut about 3,000 roles from its corporate workforce over the next three years to simplify operations. In a memo to staff that the company shared with Business Insider, CEO Greg Foran said the corporate-level reductions will allow Kroger to invest in frontline workers. “Our business is becoming leaner, more focused and more competitive,” he…
Members of the Kennedy family are outraged after a party for a disgraced businessman was hosted at the main house of the family’s legendary Hyannis Port compound on Cape Cod. The affair in question was a joint birthday bash for former Tyco International CEO Dennis Kozlowski and his wife, Kimberly, billed as “An Evening in Camelot.” The main house of the…
More than 1,000 public schools across 700 communities closed last year, according to new data—shuttering a prized neighborhood amenity and potentially putting nearby home values at risk. Just ask Virginia Morris. She and her family moved to their neighborhood in Oro Valley, AZ, because they saw the local school as a “package deal.” Copper Creek…
Micron Technology (MU -2.62%) has a major event coming up that could shift market sentiment toward its stock. On Sept. 30, it will deliver its fiscal 2026 fourth-quarter results, and what it says could create a new paradigm for the stock. The market has long recognized that Micron was a cyclical company. The state of the…
UK unveils $800 million AI security funding plan
For millions of households, having an air conditioner doesn’t necessarily mean staying cool. Over 13 million U.S. households said their homes became uncomfortably hot for at least 24 hours in 2023, according to an analysis released on Wednesday from the Harvard Joint Center for Housing Studies. Among households that had air conditioning but still experienced…