Nine pharmaceutical companies have agreed to slash prices on their flagship drugs for Medicaid recipients and people who buy the medications in cash, rather than through insurance, as part of a new ...

The Federal Reserve will issue updated economic and rate projections Wednesday It's Fed Day, and the central bank's policymakers are unusually divided. The chances of another quarter-point cut remain ...

PepsiCo said it will cut nearly 20% of its product offerings and lower prices as part of a new plan shaped by activist investor Elliott Investment Management. Massive California explosion levels ...

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up ...

The Columbus City school board voted Dec. 2 to slash jobs, cut district programs and close four buildings in order to patch a $50 million hole in its budget, capping a months-long process. However, ...

HP said Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, ...

The odds of a 25 basis point cut surged to 81% on the decentralized prediction platform Polymarket, up from 67% the day before and 44% the week before. The probability of a 50 bps cut, however, stood ...

This is read by an automated voice. Please report any issues or inconsistencies here. Los Angeles County proposes cutting funding for some homeless services to address a budget gap, including outreach ...

Bond traders all but scrapped their bets on a December interest-rate cut after the government canceled the publication of the October employment report, leaving Federal Reserve officials without a key ...

Earlier this week—while calling the moment “unprecedented”—Daniel Schulman said AI models are improving every two months and predicted human-level intelligence will emerge sooner than most expect.

WASHINGTON (TNND) — U.S. Transportation Secretary Sean Duffy said the Federal Aviation Administration (FAA) will reduce flight capacity across the nation's airspace starting on Friday morning if air ...