Business

A former governor on the Federal Reserve Board who suddenly stepped down from her role over the summer violated the bank’s trading rules, according to a report Saturday citing new disclosures from the U.S. Office of Government Ethics. The documents relating to Adriana Kugler revealed multiple purchases and sales of shares in stocks such as Apple, Southwest Airlines and restaurant group Cava, and showed that many of the purchases and sales happened […]

A single ticket sold in Georgia won the estimated $980 million Mega Millions jackpot, which is the eighth largest in its history, the lottery announced Saturday. The last time someone took home such a lofty prize was in December 2024, when a California player nabbed a $1.269 billion prize. "After growing since the end of June, the Mega Millions jackpot was won for just the fifth time this year on Friday night. […]

Ozzy and Sharon Osbourne’s condo in Los Angeles is on the market.Less than four months after Ozzy's death, the West Hollywood condo was placed for sale for $2.37 million, in partnership with Jonah Wilson, Josh Greer and Rudy Serrato of Carolwood Estates.Located on the 10th floor of the Sierra Towers building, the unit features more than 1,200-square-feet of living space, which includes one bedroom and one-and-a-half bathrooms.In addition to a spacious living room […]

This winter, the highway is beating the jetway. New data from the RV Industry Association show that 28 million Americans plan to travel by RV this winter, including 9 million over Thanksgiving and 7 million over Christmas. Nearly four in 10 leisure travelers (39%) say they expect to take an RV trip in the coming year — a clear sign road-tripping has gone mainstream.Blue Compass RV founder and CEO Jon Ferrando […]

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at auction.The penny, first authorized under the Coinage Act of 1792, was recently discontinued due to rising production costs over the last decade. The tiny coin now costs nearly four cents to make but is only worth one cent.While […]

President Donald Trump on Friday announced a move to lift tariffs on certain goods produced internationally through an executive order.The rollback on tariffs will apply to a number of goods, including coffee, bananas and beef, among others. "The millions of dollars the Federal government collected in additional tariffs on these products resulted in higher prices for businesses and families," said U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer […]

Amazon is doubling down on artificial intelligence and robotics to remake work inside its warehouses and fulfillment centers, even as it cuts thousands of corporate roles and faces growing fears about machines replacing human workers.Amazon announced 14,000 corporate job cuts as part of a broad internal restructuring in its latest earnings report. A recent New York Times report also suggested Amazon plans to replace as many as 500,000 jobs with robots […]

A new artificial intelligence tool is transforming the homebuying experience for Americans everywhere. Redfin has teamed up with Sierra AI to launch a new AI-powered conversational search tool designed to interact with homebuyers the way a real estate agent would. The technology does away with one-dimensional search filters and instead allows users to describe what they want in their own words to find the perfect homes. "We're the first to offer conversational […]

U.S. Transportation Secretary Sean Duffy and Federal Aviation Administration (FAA) Administrator Bryan Bedford announced Friday the required flight reductions at 40 U.S. airports will be lowered from 6% to 3% as the government reopens after a record-breaking shutdown.The change will go into effect Saturday at 6 a.m., following a recommendation from the FAA safety and operations team.FAA officials said the decision reflects improvements in air traffic controller staffing levels and […]