Month: October 2025
Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument in January
The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her. The court’s move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from […]
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Microsoft hikes price of top-tier Xbox Game Pass Ultimate by $10
A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft is raising the Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month, effective immediately, the company announced Wednesday. The $10 spike comes with a slew of changes to all its […]
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States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly […]
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Trump administration freezes $18 billion in New York City infrastructure projects, Vought says
Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images The Trump administration has frozen about $18 billion for two major infrastructure projects in New York City […]
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How stablecoins could change the way Americans shop in stores
Stablecoins are making major strides in mainstream adoption. The blockbuster IPO of USDC issuer Circle and the GENIUS Act stablecoin bill becoming law in the U.S. in July boosted excitement for cryptocurrencies that are pegged to the price of the U.S. dollar. Now, small and medium-sized businesses in the U.S. are exploring how the technology […]
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Gen Z favorite toymaker Jellycat doubles annual profit in adult-fueled toy craze
Guests browse Jellycat products at Nordstrom Michigan Avenue on September 30, 2025 in Chicago, Illinois. Jeff Schear | Getty Images Entertainment | Getty Images British toybrand Jellycat, loved by Gen Z globally, more than doubled its profit in 2024 on the back of a “kidult” driven craze for toys as more adults turn to soft […]
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EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%
Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Sales of electric vehicles and large SUVs drove Ford Motor‘s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday. Ford said sales of all-electric vehicles increased by 30.2% during the […]
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Microsoft wants to mainly use its own AI data center chips in the future
Microsoft Chief Technology Officer and Executive Vice President of Artificial Intelligence Kevin Scott speaks at the Microsoft Briefing event at the Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Microsoft would like to mainly use its own chips in its data centers in the […]
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The Trump crypto firm is planning expansion, from tokenized commodities to debit cards
Donald Trump Jr., co-founder of World Liberty Financial, during at the Token2049 conference in Singapore, on Wednesday, Oct. 1, 2025. Bloomberg | Bloomberg | Getty Images SINGAPORE — World Liberty Financial, a crypto venture linked to U.S. President Donald Trump, is planning to launch new products, including a debit card and tokenized commodity assets, as […]
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How a U.S. government shutdown could impact global markets
Morning light hits the U.S. Capitol hours ahead of a press conference to discuss the Epstein Files Transparency bill, directing the release of the remaining files related to the investigations into Jeffrey Epstein and Ghislaine Maxwell, on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Jonathan Ernst | Reuters The U.S. government entered a […]
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