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Ken Griffin doubles down on Florida with record $3B Carnegie Mellon gift22:46 Griffin s $3 billion donation — the largest individual gift in higher education history — will expand Carnegie Mellon s Pittsburgh campus and establish a new Miami campus. The final verdict is in for the Fed's troubled renovation and Jerome Powell21:43 The Federal Reserve s inspector general released its findings from an investigation into the cost overruns in a Fed renovation project, finding no administrative misconduct. Fanatics promises to keep fighting 'meritless' lawsuits after latest dismissal in court21:11 Fanatics has secured seven lawsuit dismissals in 12 months, including antitrust claims tied to its exclusive trading card and merchandise licenses across its businesses. Strong natural gas production, supplies could ease pressure on winter heating bills20:39 The NGSA winter outlook shows record natural gas supply, but extreme cold weather and near-capacity pipelines remain key risks for consumer prices. Treasury moves to automatically enroll millions of children in Trump Accounts19:03 New Treasury and IRS rules allow automatic Trump Account enrollment for eligible children while keeping the separate $1,000 federal contribution opt-in. Republicans could feel 'same fate' as Democrats as gas prices are elevated ahead of midterms, expert says17:59 An expert told FOX Business ahead of the midterms that "traditionally, high gas prices going into an election has a negative impact on the incumbent party." Treasury exposes terror network Tren de Aragua's $40M US ATM 'jackpotting' plot16:55 The Treasury Department sanctioned 10 targets tied to Tren de Aragua s $40 million ATM jackpotting scheme using custom malware to drain U.S. banks. Six Flags retires X2 roller coaster after multiple lawsuits allege traumatic brain injuries16:23 Six Flags Magic Mountain permanently closed X2 after settling a rider s death lawsuit and facing hundreds of brain injury claims from riders. US economy grew at a faster pace than expected in second quarter15:09 The Commerce Department released its final reading of second quarter GDP, finding that the economy grew at a rate of 2.2% in the three-month period covering April, May and June. Fed's favored inflation gauge cooled in August but remained elevated15:09 The Commerce Department reported that PCE inflation remained elevated in August at a level well above the Federal Reserve s 2% target. Private sector added 90,000 jobs in September, above expectations, ADP says14:37 The figure reported on Wednesday is above economists’ estimates of an increase of 90,000 jobs. The prior month s reading was revised lower to 36,000. More homes, more price cuts – but buyers still aren't biting as mortgage rates climb12:28 Record price cuts hit 20.8% of listings in September, but rising mortgage rates are keeping buyers on the sidelines as pending sales fall 4.1%. Top real estate mogul issues stark warning as California buyers say 'enough is enough' on taxes12:28 Proposition 40 s billionaire tax threat is freezing real estate deals and accelerating a business exodus from California, Christie s International Real Estate Southern California CEO warns. More than 2,300 pounds of breakfast sausage recalled over plastic contamination4:25 Fontanini Foods recalled 2,320 pounds of frozen pork sausage links after customers reported finding clear, hard plastic in the breakfast items. |
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