Trump eyes privatizing US Postal Service, Washington Post says
USPS lost $9.5 billion in the financial year ended Sept. 30, amid a decline in mail volume and slower-than-anticipated parcel shipping. Read More Source link
Fortune 500 CEOs are brimming with confidence following swift and decisive Trump victory
Fortune and Deloitte took the pulse of the C-suite after the U.S. election—and the results point to good times ahead. Read More Source link
Trump says on NBC he has no plans to replace Powell as Fed chair
“I think if I told him to, he would,” Trump said on NBC’s Meet the Press. “But if I asked him to, he probably wouldn’t.”
Americans donated $3.6 billion on the Tuesday after Thanksgiving, which has become a holiday in its own right
That’s more than the last two years, despite so much uncertainty around the economy. Read More Source link
Getty Images CEO: Respecting fair use rules won’t prevent AI from curing cancer
There is a lot of debate on whether freely training artificial intelligence (AI) models on copyrighted materials is permissible under the law. This debate escalates
Glassdoor CEO Christian Sutherland-Won refuses to work in front of his kids
That’s why he’s introduced some rules about who’s around when he works and where he goes when there are company matters to attend to. Sutherland-Wong said he
The rich are getting even wealthier. Here’s where they live.
The rich are getting richer. Many Americans struggled to keep their heads above water while navigating sky-high inflation and housing costs, but billionaires had another
Scott Bessent ‘is a fiscal hawk’: Wall Street reacts to Treasury pick
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after
Ford plans 4,000 more job cuts in Europe as EVs lose momentum
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the transition to electric vehicles is losing
North Korea may end up sending Russia 100,000 troops for war
North Korea may deploy as many as 100,000 troops to aid Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen,
