Business

A collection of 1424 posts

Business

Federal Reserve expected to hold interest rates steady Wednesday

The Federal Reserve is expected to hold interest rates steady at its first meeting of the year on Wednesday, Jan. 28, 2026. The Fed will release a policy statement alongside its rate decision at 2 p.m. in Washington, and Chair Jerome H. Powell will hold a news conference at

Business

Fed meeting begins as Trump presses Powell amid criminal probe and political pressure

Jan. 28, 2026 — The Federal Reserve began a two-day rate-setting meeting on Wednesday as Chair Jerome H. Powell, who has spent much of the past month under siege from President Trump, prepared to answer questions at his post-meeting news conference; the Fed is expected to leave borrowing costs unchanged. The

Business

How to protect your pension: key rules and practical tips

Employers in the UK must automatically enrol eligible employees into a workplace pension if they are UK residents aged between 22 and state pension age and earning more than £10,000 a year, £192 a week or £822 a month in the 2025/26 tax year. The total minimum contribution

Business

Home expert selects 10 top Wayfair furniture and decor deals starting at $28

People: A home expert sifted through thousands of Wayfair furniture and decor deals and picked the 10 best finds for the month, with prices starting at $28 and discounts up to 70 percent. The selections span patio furniture, area rugs, throw blankets, cotton quilts and storage pieces across contemporary, modern

Business

Tiffany shifts focus from silver to gold and high jewelry under LVMH

Businessinsider reports Tiffany & Co. will move away from the silver jewelry that brought it fame and instead focus on gold and high jewelry, LVMH executives said on a Tuesday earnings call. Bernard Arnault said, "Tiffany had excellent products, but we redirected the house so that it can develop

Business

Mattel unveils 18-inch Huntr/x American Girl dolls priced at $165

Polygon reports Mattel has revealed 18-inch American Girl–style dolls of Huntr/x, the fictional band at the center of Netflix’s hit film KPop Demon Hunters. The dolls are priced at $165 each and are set to ship by November 2026. Mattel’s wider Huntr/x merchandise, with a

Business

Former Citi executive pleads guilty to drugging and sexually assaulting women

Businessinsider reports that Edward Gene Smith pleaded guilty in Manhattan federal court to luring women to New York so he could drug and sexually assault them and to receipt of child pornography; he faces up to 80 years in prison and is scheduled to be sentenced on May 8. Smith,

Business

Gold Tops $5,000 an Ounce as Investors Seek Refuge Amid Global Strains

Spot gold prices reached a record high on Monday, climbing above $5,000 an ounce and jumping as high as $5,102, while silver rose to a record $109.83 an ounce. Investors sought shelter from geopolitical uncertainty, including strains between the United States and the European Union over President

Business

Hooded Horse CEO warns indie developers about predatory publishers

Hooded Horse CEO Tim Bender said most indie publishers are 'predatory and opportunistic,' and warned developers to be cautious, Gamesradar reports. Bender, whose indie publisher supports strategy games including Against the Storm and Manor Lords, told PC Gamer, 'People can hate me for this if they want,

Business

Ubisoft to raise Just Dance+ subscription prices in April

Kotaku reported that on January 27 Ubisoft announced price increases for its Just Dance+ streaming service. Ubisoft said the service’s prices will rise in April: one month will cost $5 (up from $4), three months will go from $10 to $13, and a yearly subscription will increase from $25

Business

Amazon employees received Project Dawn calendar invite about job cuts

Businessinsider reports some Amazon employees received a calendar invitation on Tuesday that referenced upcoming job cuts and "Project Dawn," an initiative to improve efficiency. The invite, with the subject line "Send Project Dawn email," was written by Colleen Aubrey, senior vice president of AWS Solutions, though

Business

Paramount+ added about 1 million subscribers during its first UFC broadcast

Businessinsider reports Paramount+ brought in about 1 million new subscribers on the day of its first UFC event, product chief Dane Glasgow told employees at a town hall, three staffers who attended said. A Paramount spokesperson said those numbers are unverified and that it is against company policy to share

Business

Southwest retires open seating and begins assigned seats with premium options

Southwest Airlines on Tuesday officially ended its decades-old open-seating policy and began assigning seats, marking the change with a water-cannon salute, balloons and commemorative bag tags at Orlando International Airport. The first two flights with assigned seating landed early in the day, at Chicago Midway and at Orlando, on a

Business

Minnesota business leaders urge de‑escalation after fatal federal shooting

The fatal shooting of Alex Jeffrey Pretti by federal agents has intensified tensions around the federal immigration campaign in Minneapolis, prompting business leaders in the state to respond. The C.E.O.s of more than 60 large Minnesota companies, including Target, Best Buy, 3M and Cargill, issued a public

Business

Bari Weiss tells CBS News to act like a start-up and reach bigger audiences

Bari Weiss, the recently hired editor in chief of CBS News, opened her first networkwide meeting by acknowledging staff uncertainty and urging the organization to think like a start-up. Addressing hundreds of employees gathered in bureaus across the globe, she said, “We are not producing a product enough people want.

Business

Sam Altman and Other CEOs Criticize ICE Actions After Killings in Minnesota

OpenAI chief executive Sam Altman told employees that “what’s happening with ICE is going too far” after federal agents killed two Americans in Minnesota, and other corporate leaders have begun weighing in on the events. Altman’s full internal Slack message, obtained by DealBook, said he loved the U.

Business

Tesla to report Q4 as deliveries fall and AI projects face scrutiny

Businessinsider: Tesla is slated to report fourth-quarter earnings on Wednesday amid a volatile year for the stock and growing investor scrutiny. The company recently reported a 16% year-over-year drop in fourth-quarter deliveries, and Wall Street is watching for signs of weakening EV demand and challenges on Tesla's AI

Business

Kalshi opens Washington office, hires former Biden administration official

Prediction market platform Kalshi said it will open an office in Washington, D.C., and has hired former Biden administration official John Bivona as its head of federal government relations and Blake Bee, a former Amazon senior manager of state and local public policy. The company said it plans to

Business

G.M. forecasts large 2026 profit rise and plans up to $6 billion buyback

General Motors said it expects a substantial rise in profits in 2026 and will buy back up to $6 billion of its stock, news that sent its shares up more than 4 percent in premarket trading. The company reported $2.7 billion in net income for 2025, down from $6

Business

Public radio and TV largely intact after $500 million federal cut, but future uncertain

Despite a $500 million cut in federal funding for public media, vanishingly few NPR and PBS stations have closed their doors, and many have stayed online after emergency donations and grants. Stations such as KCAW in Sitka, Alaska, which faced a $187,500 shortfall and a potential “doomsday” scenario, saw

Business

Consumer spending, not AI, was largest driver of US GDP in 2025

Businessinsider reports MRB Partners published a January report finding that personal consumption — not AI investment — was the largest contributor to US GDP growth in 2025. The report contradicted the popular view that AI was the main engine of growth and warned against claims that its "narrowly concentrated" and

Business

Passenger given £120 voucher after Eurostar power-failure rebooking costs

Eurostar is refusing to honour expenses claims after a power failure in the tunnel stranded thousands of passengers last month, according to a reader. The reader, identified as CD, London, said a party of four were stuck at Brussels station when all trains to and from London were cancelled for

Business

Fed expected to pause further rate cuts after three reductions; duration unclear

The Federal Reserve is widely expected to hold interest rates steady on Wednesday after three quarter-point cuts in the final months of 2025, officials and economists said, though how long that pause will last is uncertain. Officials have lowered rates into a range of 3.5 percent to 3.75

Business

Fed likely to hold rates as Powell faces DOJ probe ahead of May departure

Businessinsider: The Federal Reserve is expected to hold interest rates steady at its first policy decision of the year on Wednesday, while Chair Jerome Powell faces a Department of Justice probe and rising political pressure as his term ends in May. Market-based projections from CME FedWatch give Fed leaders a

Business

India and European Union reach long‑running trade agreement in New Delhi

The European Union and India announced a trade agreement on Jan. 27, 2026, in New Delhi after nearly 20 years of negotiations. European Commission president Ursula von der Leyen and European Council president António Costa joined Prime Minister Narendra Modi as honorary guests for India’s Republic Day to unveil