Month: October 2025
Former Fed Governor Larry Lindsey withdraws name for Fed chair
Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source
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Grand jury asked to indict Trump foe Letitia James, MSNBC reports
NY Attorney General Letitia James speaks during a press conference on the Department of Government Efficiency (DOGE) at Manhattan Federal Courthouse on Feb. 14, 2025 in New York City. Michael M. Santiago | Getty Images A top federal prosecutor appointed by President Donald Trump presented evidence on Thursday to a grand jury in Virginia in […]
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Levi Strauss raises prices, helping to boost profit and outlook
Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago […]
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Tesla faces U.S. auto safety probe after reports FSD ran red lights, caused collisions
The tablet of the new Tesla Model 3. Matteo Della Torre | Nurphoto | Getty Images Tesla is facing a federal investigation into possible safety defects with FSD, its partially automated driving system that is also known as Full Self-Driving (Supervised). Media, vehicle owner and other incident reports to the National Highway Traffic Safety Administration […]
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Trump meets with Jared Isaacman about top NASA job after pulling nomination
Commander Jared Isaacman of Polaris Dawn, a private human spaceflight mission, speaks at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. August 19, 2024. Joe Skipper | Reuters President Donald Trump has met with Jared Isaacman to discuss another nomination to lead NASA, a source familiar with the talks confirmed […]
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Israel and Hamas will exchange hostages and prisoners after agreeing to a pause in the war in Gaza
Palestinians, including children, gathered in the city of Khan Yunis celebrate after the announcement of the ceasefire agreement in Gaza on Oct. 9, 2025 in Khan Yunis, Gaza. Abdallah F.s. Alattar | Anadolu | Getty Images Israel and Hamas have agreed to a pause in their devastating two-year war and the release of the remaining […]
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An AI stock showing a classic uptrend that investors should ride for as long as possible
As cloud plays like Arista Networks, Inc. (ANET) have continued to impress, there have been numerous calls for an end to the relentless uptrend. But using a classic trend-following toolkit, we see this chart as “innocent until proven guilty.” Today we’ll break down why this chart remains in a bullish configuration, review some of the […]
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Trump threatens to use government shutdown to cut ‘popular Democrat programs’
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., Oct. 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Thursday said his administration plans to use the ongoing government shutdown to permanently cut government programs popular with Democrats, his latest threat amid the funding stalemate. “We’re […]
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Delta says premium travel is set to overtake coach cabin sales next year
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at […]
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Talent agency CAA slams OpenAI’s Sora for posing ‘significant risk’ to its clients
An illustration photo shows Sora 2 logo on a smartphone. Cfoto | Future Publishing | Getty Images The Creative Artists Agency on Thursday slammed OpenAI’s new video creation app Sora for posing “significant risks” to their clients and intellectual property. The talent agency, which represents artists including Doja Cat, Scarlett Johanson, and Tom Hanks, questioned […]
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