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Why did the U.S. buy Japanese yen?Hint: It involves inflation and the interest rates that are paid by consumers and businesses.Listen to this article00:0000:00Treasury Secretary Scott Bessent in the Oval Office on July 21.Aaron Schwartz / Bloomberg via Getty ImagesAug. 3, 2026, 2:50 PM EDTBy Rob WileThe U.S. Treasury Department’s decision to intervene to support…
New Jersey sues Amazon, alleging poor pay and conditions for driversThe lawsuit targets Amazon’s Delivery Service Partner program, which allows people to set up businesses to deliver packages locally. Listen to this article with a free profile00:0000:00Amazon’s Delivery Service Partner program relies on small, independent businesses to deliver 20 million packages a day.David Paul Morris…
EVENT ENDEDLast updated 3 hours agoElection highlights: Midterm matchups take shape in primaries across five states as Abdul El-Sayed wins in Michigan The biggest battle played out in Michigan’s Democratic primary for an open Senate seat, as El-Sayed defeated Rep. Haley Stevens for the nomination. A voter casts their ballot at a polling location inside…
Americans fight economic gloom with makeup and movie ticketsAs expensive summer vacations and home remodels are being put on hold, toys and treats are helping to fill the gap.Listen to this article00:0000:00Movie theaters are benefitting from the indulgence economy. In May, AMC had its highest attendance for that month since 2019.Gary Hershorn / Getty Images…
S&P 500, Dow close at record highs on strong AI-linked earnings and hopes for an Iran war dealDespite persistent inflation and high gas prices, the corporate earnings season underway has so far exceeded historical standards. Listen to this article with a free profile00:0000:00Markets surge to record highs01:01Get more newsLiveonAug. 4, 2026, 2:57 PM EDT /…
Anthropic says Claude AI hacked three companies during cyber testsThe breaches signal that AI’s expanding capabilities are already fueling the security threat experts long feared.Listen to this article with a free profile00:0000:00OpenAI’s ‘rogue’ agents hacked into more systems than initially reported04:22Get more newsLiveonJuly 30, 2026, 9:23 PM EDT / Source: ReutersBy ReutersAnthropic said Thursday that…
New York sues Kalshi, says its prediction markets are illegal gamblingAttorney General Letitia James filed similar petitions in April against two other prediction market operators, Coinbase Financial Markets and Gemini Titan.Listen to this article with a free profile00:0000:00People trade based on the predicted outcomes of sports, elections and other events on Kalishi.Cheng Xin / Getty…
George Santos agrees to $35,000 settlement in federal probe over Kalshi tradesThe former lawmaker said he settled with the Commodity Futures Trading Commission to “put this matter behind” him, adding that he didn’t admit to any wrongdoing.Listen to this article with a free profile00:0000:00Kalshi said it will work to reimburse traders if monetary penalties are…
WestJet flight attendants to end strike after reaching tentative wage dealThe strike is the latest effort by attendants across the U.S. and Canada to challenge a compensation structure that mostly pays cabin crews when aircraft are in motion.Listen to this article with a free profile00:0000:00WestJet flight attendants strike at Vancouver International Airport in Richmond, British…
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