Jobless claims total 232,000, the lowest level in two months
Claims totaled 232,000 for the week ended Aug. 27, a decline of 5,000 from the previous period and the lowest since June 25.
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McDonald's U.S. head says California fast-food bill unfairly targets big chains
McDonald's U.S. President Joe Erlinger on Wednesday criticized a landmark California bill that would give the state more control over pay for fast-food workers.
Gatorade adds caffeine to its lineup with energy drink Fast Twitch
A bottle of Fast Twitch contains nearly as much caffeine as two 12-ounce cans of Red Bull.
Trump lawyers again push for special master to review documents in FBI raid of Mar-a-Lago
Lawyers for ex-President Donald Trump asked a federal judge to appoint a "special master" to review documents seized from Mar-a-Lago by the FBI.
MicroStrategy Chair Michael Saylor accused of evading $25 million in taxes by DC attorney general
The lawsuit filed by D.C. Attorney General Karl Racine also names Saylor's company MicroStrategy as a defendant.
John Bolton says Biden administration is making a 'stunning mistake' in pursuing Iran nuclear deal
Saving the Iran nuclear deal is a "stunning mistake" by the Biden administration and the pact will make Iran a "better partner" for Russia, said John Bolton.
Nvidia stock falls after U.S. government restricts chip sales to China
Nvidia said on Wednesday that it's been told by the U.S. government to stop selling chips in China and Russia.
Fed's Mester sees benchmark rate above 4% and no cuts at least through 2023
Cleveland Fed President Loretta Mester said she sees rates rising considerably higher before the central bank can ease off in its fight against inflation.
NASA taps SpaceX for 5 more astronaut missions worth $1.4 billion
NASA on Wednesday announced the awarding of five more astronaut missions to Elon Musk's SpaceX.
FDA authorizes Covid booster shots that target omicron BA.5 variant
It is the first time the FDA has authorized an updated vaccine formula since the shots rolled out in December 2020.
Anticipating pain ahead: Sifting through the short-term drops
Investors are facing more stumbling blocks in the months ahead as they weigh ongoing market uncertainty and the impact of inflation on corporate earnings.
Walmart-owned Sam's Club raises annual membership fee for the first time in nine years
Sam's Club has grown during the pandemic and benefited from fuel discounts during inflation.
Trump lawyer John Eastman takes Fifth before Georgia grand jury in election-interference probe
Efforts by allies of Donald Trump to undo his election loss to President Joe Biden are the focus of a criminal probe in Georgia.
Stricter standards needed for carbon offsets, several House Democrats urge
Offset projects include a slew of initiatives that conserve habitats able to store carbon, including forests, grasslands, wetlands and blue carbon ecosystems.
Who wants to be a billionaire? 6 in 10 Americans strive to be mega-wealthy, report finds
Six in 10 adults want to become a billionaire one day, according to a recent report. But as the wealth gap widens, there's also resentment toward the mega-rich.
Snap shares pop on plans to cut 20% of staff as part of major restructuring
Snap CEO Evan Spiegel told employees in a memo that the changes were necessary to deal with financial challenges and lower-than-expected growth.
Democratic Rep. Charlie Crist resigns from Congress as he takes on GOP Gov. Ron DeSantis in Florida
Crist's move came as DeSantis and former President Donald Trump are both rumored to be considering a run for the White House in the next election cycle.
Private payrolls grew by just 132,000 in August, ADP says in reworked jobs report
Private payrolls grew by just 132,000 for the month, a deceleration from the 270,000 gain in July, the firm said in its monthly payroll report.
Bosch will invest $200 million to build fuel cells for electric trucks in South Carolina
Bosch will build fuel cells for electric heavy trucks, including Nikola's, in South Carolina starting in 2026.
DOJ opposes special master for documents seized from Trump, says more than 100 classified records found at Mar-a-Lago
Donald Trump wants a special master to examine documents seized from Mar-a-Lago in an FBI raid, which the DOJ says found scores of classified documents.
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