Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf
The Department of Justice’s antitrust division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded…
The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%
The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6%…
Bud Light loses spot as top-selling U.S. beer in May in the wake of boycott fight
Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sagged following a…
JPMorgan prepared to pay $290 million in settlement with Jeffrey Epstein victims
JPMorgan Chase is prepared to pay $290 million in a settlement with victims of the late sexual predator Jeffrey Epstein,…
Epstein accuser seeks new testimony from JPMorgan CEO Jamie Dimon
Lawyers for a Jeffrey Epstein victim asked a federal judge on Friday to allow them to take new testimony from…
Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…
Here’s where the jobs are for May 2023 — in one chart
The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services…
DeSantis bid to disqualify judge in Disney case is denied, but judge recuses himself anyway over relative’s stock conflict
A federal judge overseeing Disney’s civil free speech lawsuit against Florida Gov. Ron DeSantis recused himself from the case Thursday,…
