Category: Business

Business

U.S. Postal Service reports $2.5 billion quarterly loss

Posted on 2 min read

U.S. Postal Service reports $2.5 billion quarterly lossPostmaster General David Steiner warned that without action from Congress, the cash-strapped agency could close thousands of post offices, reduce service and raise prices.Listen to this article with a free profile00:0000:00A United States Postal Service delivery truck in Chicago on July 28.Marcin Golba / NurPhoto via Getty Images…

Business

Naked college swimmer killed security guard before fleeing on foot in Maui, police say

Posted on 2 min read

Naked college swimmer killed security guard before fleeing on foot in Maui, police say Legend Storer, 20, is a freshman at Concordia University Irvine and a NCAA Division II swimmer, according to the university’s website.Listen to this article with a free profile00:0000:00Aug. 8, 2026, 12:23 PM EDTBy Matt LavietesA college athlete was arrested on Thursday…

Business

Misdemeanor gun charge against James Harden dismissed by Texas judge

Posted on 2 min read

Misdemeanor gun charge against James Harden dismissed by Texas judgeThe Cavaliers star completed an alternative resolution program after his June arrest in Houston, allowing him to avoid a criminal conviction.Listen to this article with a free profile00:0000:00Cleveland Cavaliers guard James Harden in Cleveland, Ohio, on May 23.David Richard / Imagn Images via Reuters ConnectAug. 8,…

Business

In Miami, a tale of two economies

Posted on 1 min read

In Miami, a tale of two economiesExperts say the city is experiencing an “Aspen-ization”: The creation of a split economy that magnifies the challenges faced by the lower tier.Listen to this article00:0000:00Natasha Armas at her bartending job at Bryson’s Irish Pub in Miami, on Friday, July 31, 2026. Martina Tuaty for NBC NewsAug. 8, 2026,…

Business

Typhoon Dolphin hits Japan’s Okinawa, China shuts ports ahead of landfall

Posted on 3 min read

Typhoon Dolphin hits Japan’s Okinawa, China shuts ports ahead of landfallBeijing authorities have said ‌they are closely monitoring the typhoon’s path and are preparing evacuation plans, expected to make landfall in China between late Sunday and early Monday.Listen to this article with a free profile00:0000:00Fishing boats take shelter at Liandao National Central Fishing Port as…

Business

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait

Posted on 5 min read

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Wednesday, Aug.. 5, 2026, in New York. (AP Photo/Yuki Iwamura) By DAMIAN J. TROISE Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Leer en español <!– –> <!– –> Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit NEW…

Business

See how your pay compares to the CEOs of the top US companies

Posted on 1 min read

This Wednesday, June 6, 2018, file photo shows U.S. dollars in New York. (AP Photo/Ted Shaffrey, File) Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] <!– –> <!– –> Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as…