Business live
Continuously updated, source-cited business stories — freshest first.
‘What a total waste of money!’ Curley blasts Sound Transit’s $240M Pinehurst Station
Sound Transit has opened a new light rail station in north Seattle that cost $240 million and launched five years ahead of schedul
topicStock futures are little changed after Thursday's post-Fed bounce: Live updates
The Nasdaq reached a record high after weak payroll data reduced expectations for Federal Reserve rate hikes in October. Technolog
topicFCC Approves 49.5% Foreign Ownership of Paramount-Warner Bros.
A federal judge approved Paramount's settlement with California and 11 other state attorneys general, clearing the path for a merg
topicWalmart Recalls Popular Frozen Meal Nationwide Due to Potential Listeria Contamination
The U.S. Food and Drug Administration has expanded a nationwide recall of Bettergoods Authentic Italian Lemon Alfredo Fettuccine s
topicFederal Reserve will need to be ‘aggressive’ on inflation, says top official
Federal Reserve officials are weighing further interest rate hikes to reduce inflation pressures. Governor Kashkari expects potent
topicMeet San Francisco's 'permanent underclass'
A Colorado man received a life sentence Wednesday for the 1978 murder of 15-year-old Marissa Havery in San Francisco. He is eligib
topicOil Tankers Earn $1 Million a Day as War Leaves Ship Shortage
Very Large Crude Carriers (VLCCs) are earning over $1 million per day, with rates hitting a record $1.2 million on key West Asia r
topicBank of America CEO Sparks Bank Stock Selloff With One Small Word
Bank of America shares decreased 7.91% in one week to $58. CEO Brian Moynihan guided Q3 investment banking fees down more than 10%
Experts urge FDA to set clear safety and access standards for psychedelic drugs
The FDA is evaluating regulatory frameworks for psychedelic therapies to determine safety and access standards for treating depres
topicRyan Serhant reveals what’s missing from America’s migration story: 'Stealth' states beating Florida, Texas
Real estate entrepreneur Ryan Serhant claims the American housing market is rigged, creating an obstacle course for buyers that ex
topicLarry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
Oracle Executive Chairman Larry Ellison canceled a plan to sell 50 million shares valued at roughly $7.5 billion just one day afte
topicWhat is recursive self-improvement? 'Worst idea in the history of humanity,' physics professor says
Recursive self-improvement (RSI) is the process of AI upgrading its own code without human input. Leading researchers from OpenAI,
topicFBI, Coast Guard boarded hacked oil tankers heading toward US coast
The FBI and US Coast Guard Cyber Command confirmed that multiagency teams boarded the VL Prosperity and a second foreign-flagged o
topicWhat losing Spirit Airlines changed for everyday travelers
Spirit Airlines ceased all operations on Saturday, May 2, 2026, leaving thousands of passengers stranded across the U.S., Latin Am
topicStock Market Today: Dow falls 150 points, S&P 500 and Nasdaq edge higher after best day in nearly 2 months; oil prices fall for fourth day
US stock markets ended mixed as the Dow Jones Industrial Average fell 161 points while the Nasdaq closed at 26,939. Market volatil
topicThe Startup That Built OpenAI’s Biggest Data Center Is Now Making Tiny Ones
Crusoe is diversifying its AI infrastructure strategy by developing smaller-scale data centers alongside its massive projects. The
topicThe Fed may be on the verge of a serious mistake, prominent economists warn
Federal Reserve policymakers are currently inclined to avoid an interest rate increase in October. This shift follows previous war
topicU.S. Diesel Prices Hit New Record High as Fuel Squeeze Bites
U.S. diesel prices reached an all-time high of $6.53 per gallon, marking the third consecutive week of record-breaking increases.
topicSaudi Arabia restarts East-West oil pipeline, sources say
Saudi Arabia has restarted crude oil exports through the East-West Pipeline to the Red Sea port of Yanbu. The resumption follows r
topicAI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump
AI stocks are falling due to a combination of regulatory setbacks, safety concerns, and operational halts. Shutterstock shares dro
topicInside the suddenly explosive world of AI safety
OpenAI and Anthropic are investigating tens of thousands of safety incidents, including potential criminal activity and website hi
topicAmericans' incomes rose and poverty fell in 2025, Census Bureau says
Real median household income rose 2.6% to a record $87,460 in 2025, according to Census Bureau data. The official poverty rate fel
topicSome TSA PreCheck travelers may be able to bring full water bottles through airport security soon, officials say
TSA officials are considering a policy change to allow TSA PreCheck travelers to carry full water bottles through security. This p
topicCostco brings back a fan-favorite food court treat after years off the menu
Costco has brought back its cinnamon sugar coated twisted churros to United States food courts for a limited time. The foot-long t