The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.
Read More Fed cuts interest rates to lowest level in 3 yearsTag: U.S. economy
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere.
Read More Amazon cuts 14,000 corporate jobs as spending on artificial intelligence acceleratesMortgage rates drop to lowest levels of 2025
This week, mortgage rates fell to their lowest level of the year.
Read More Mortgage rates drop to lowest levels of 2025JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
JPMorgan Chase unveiled a plan to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience.
Read More JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledgeTrump signs proclamation requiring $100K annual fee for H-1B visa applications
President Donald Trump has signed a proclamation that will require a $100,000 annual visa fee for skilled foreign workers.
Read More Trump signs proclamation requiring $100K annual fee for H-1B visa applicationsTrump signs executive order offering tariff exemptions for countries with U.S. trade deals
President Donald Trump has signed an Executive Order (EO) expanding upon previous presidential actions, offering some tariff exceptions to United States trade partners for certain products.
Read More Trump signs executive order offering tariff exemptions for countries with U.S. trade deals
