Business

Costco has been testing checkout technology it hopes will speed up the checkout process, something members rank as one of their significant concerns with the warehouse retailer. CEO Ron Vachris said last week during the company’s third-quarter earnings call that Costco has "engaged in some ‘Scan & Go done by Costco’ kind of tests." The technology has "been extremely successful in moving people through the lines and expediting the transactions," according to […]

The Stanley Cup finals start Wednesday evening, pitting two billion-dollar teams — the Edmonton Oilers and the Florida Panthers — against each other in a best-of-seven series in a rematch of last year's finals, which the Panthers won in seven games. The Oilers and the Panthers are valued in the billions, with Forbes finding them to be the sixth and 24th most-valuable NHL teams, respectively. Edmonton heads into the Stanley Cup Final […]

President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4 trillion to the national debt, the Congressional Budget Office (CBO) says.The CBO released its report on Trump's bill on Wednesday. The report also estimates that it would create an additional 10.9 million people without health insurance under the bill, including 1.4 million who are in the country without legal status in state-funded programs.CBO's analysis of […]

Investing in the next generation of artificial intelligence winners is getting more comprehensive with the launch of a new exchange-traded fund based on 30 stock picks from one of Wall Street’s top analysts.In what is likely the first of its kind, the IVES AI Revolution ETF mirrors the proprietary research of Dan Ives, the managing director and global head of technology research at Wedbush Securities."In 25 years covering tech, I've […]

President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak jobs data."ADP NUMBER OUT!!! ‘Too Late’ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!" Trump wrote in a post on Truth Social.Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.PRIVATE SECTOR ADDED JUST 37,000 JOBS IN […]

Billionaire entrepreneur Elon Musk on Tuesday weighed in on the "big, beautiful bill" the Trump administration and congressional Republicans are working to advance, criticizing it as a "disgusting abomination" due to its projected effect on budget deficits.Musk, who helped launch the Department of Government Efficiency (DOGE) until his time as a special government employee expired last week and a close ally of the Trump administration, slammed the bill in a post […]

Flock Safety has released another piece of revolutionary technology aimed at keeping everyday civilians safe from crime. The company’s new product, Flock Nova, helps law enforcement with a common but often overlooked problem – a lack of data sharing and access."I operated under the assumption that if I got pulled over or arrested in one city, that city would have access to all the other arrests that have occurred across […]

The Food and Drug Administration (FDA) recently issued a Class 1 recall of tomatoes potentially contaminated with salmonella, the agency’s highest classification level.Williams Farms Repack LLC’s recall of tomatoes in "4x5 2 layer, 60ct 2layer, 3ct trays in the Williams Farms Repack label" and "5x6 25lb, 6x6 25lb H&C Farms Label" received a Class 1 designation from the FDA last week. Class 1 signals a "situation in which there is a […]

Citi announced Tuesday that it will update its policies to ensure clients can access the firm's financial services despite their political views or involvement in the firearms industry.The bank's decision comes following actions by the Trump administration to counter alleged "debanking" of conservatives, crypto firms and other businesses such as firearms dealers who have lost access to financial services because of their views or their connection to disfavored industries. "Citi has always been […]