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Target CEO to step down as sales remain sluggish

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(NEW YORK) -- Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant, the company said on Wednesday.In recent years, Target has suffered sluggish sales as the company weathered Read More.

These jobs are hiring, despite a weak job market

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(NEW YORK) -- The labor market slowed sharply this summer, leaving job applicants with fewer places to turn for a new position.Employers added an average of about 35,000 jobs over three months ending in July, which marks a major slowdown from roughly 128,000 jobs... Read More.

Inflation expected to have increased slightly in July

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(WASHINGTON) -- Policymakers and business leaders will closely watch the release of inflation data on Tuesday, marking the latest look at price increases as the economy risks a tariff-induced rise of inflation.The inflation report is the first major data release from the U.S. Bureau... Read More.

Trump calls on Intel CEO to resign

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(WASHINGTON) -- President Donald Trump called on the CEO of Intel, Lip-Bu Tan, to resign "immediately.""The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!" the president... Read More.

OpenAI releases GPT-5, the latest model fueling ChatGPT

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(NEW YORK) -- OpenAI on Thursday released GPT-5, unveiling a new version of the artificial intelligence model that fuels popular chatbot ChatGPT. The product will be made immediately available to users, including customers who use the company's cost-free options, OpenAI said.The announcement comes days... Read More.

Trump’s sweeping new tariffs take effect

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(WASHINGTON) -- President Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and risking price increases for a host of everyday goods.Tariffs between 10% and 41% were applied to nearly 70 countries beginning at 12:01 a.m. Thursday,... Read More.

About 3,200 Boeing jet and weapons workers begin strike

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(ST. LOUIS) -- About 3,200 union members at Boeing facilities in Michigan and Illinois went on strike at midnight on Monday after rejecting an contract offer from the company, the union said.Local members of the International Association of Machinists and Aerospace Workers, who build... Read More.