Business

Speaking publicly for the first time since President Donald Trump declared he had dismissed her, Federal Reserve Governor Lisa Cook on Monday briefly alluded to her ongoing legal fight over her position on the central bank’s board."I would like to briefly address an issue that may be on some of your minds," Cook told an audience at the Brookings Institution."As many of you know, I am involved in an ongoing […]

The Trump administration told a federal judge on Monday that it will partially resume Supplemental Nutrition Assistance Program (SNAP) benefits for the month of November despite the ongoing government shutdown, though when the payments will be distributed — and how much beneficiaries will receive — remains to be seen.A senior Trump administration official told the court in a sworn declaration Monday that the U.S. Department of Agriculture will allocate $4.65 […]

Billionaire Elon Musk warned in an interview that the policies of New York City mayoral candidate Zohran Mamdani, a democratic socialist, would cause a major decline in living standards.Musk, the CEO of Tesla and SpaceX, appeared on "The Joe Rogan Experience" and acknowledged that Mamdani is the frontrunner in the mayoral race but said that his agenda, if implemented, would hurt New Yorkers' quality of life."Mamdani is a charismatic swindler," Musk said. […]

Seven more people have fallen ill and two more have died in an ongoing listeria outbreak linked to prepared pasta meals, according to federal health officials.As of Oct. 30, 27 people across 18 states have been infected with listeriosis, with 25 going to the hospital. Six people have died, according to the Centers for Disease Control and Prevention (CDC), which is working alongside the Food and Drug Administration (FDA) and […]

With the government in a funding standoff, determining what will be open or closed on Election Day is anything but clear-cut.That said, the picture is clearer at the state level.EVERYTHING YOU NEED TO KNOW ABOUT ELECTION DAY 2025: CRITICAL ELECTIONS, BALLOT MEASURES AND MORENineteen states, as well as Puerto Rico, have designated Election Day as a civic holiday, during which all local government offices, aside from election-related ones, remain closed. Those […]

Traders on the prediction-market platform Kalshi are now assigning a meaningful probability to the scenario in which all three major Election Day winners come from the Democratic Party.The prediction market platform reflects speculative wagers, not how voters will actually cast their ballots on Nov. 4.Traders place the odds of cemocratic socialist Zohran Mamdani winning the New York mayoral race at 92% while former Gov. Andrew Cuomo, who is running as […]

The Federal Reserve cut interest rates for the second time in 2025 last week, though one member of the central bank's monetary policy committee voted against cutting rates, citing concerns over inflation.Policymakers on the Federal Open Market Committee (FOMC), which guides the Fed's monetary policy, voted 10-2 in favor of lowering the benchmark federal funds rate by 25 basis points to a target range of 3.75% to 4%. One dissenter, Fed […]

McDonald’s CEO Chris Kempczinski recently gave fans a glimpse into his personal taste, revealing which menu item tops his list at the fast food giant.In a video posted to his LinkedIn page earlier this week, Kempczinski took part in the "McDonald’s Menu Item Tournament," where he was asked to choose between some of the company’s most popular offerings to determine his ultimate favorite."We're going to do a quick-fire McDonald's menu […]

A United Airlines flight clipped another United plane while taxiing at LaGuardia Airport in New York City Friday evening, according to the air carrier. United Flight 580, a Boeing 737 arriving from Chicago’s O’Hare International Airport with 166 passengers and eight crew members, was taxiing toward its arrival gate when it struck a stationary United plane, the airline said.The collision damaged the tail of United Flight 434, another Boeing 737 preparing […]