GlobalFoundries Seeks Talent Amid Growing Chip Demand
The semiconductor industry is actively seeking workers in a competitive labor market, driven by growing demand for talent and the need for funding from the CHIPS and Science Act, which…
New York Times Editorial Board Urges Biden to Drop Out of Presidential Race
The New York Times editorial board on Friday called on President Joe Biden to withdraw from the presidential race against Donald Trump, citing his poor performance in the debate the…
Ford CEO Announces Profitable $30K Electric Vehicle in 2 1/2 Years
At the Aspen Ideas Festival on Friday, Ford CEO Jim Farley announced that the company plans to launch a $30,000 all-electric vehicle that will be profitable in about two and…
Padres’ Jurickson Profar hits a single to seal victory over Nationals
In a thrilling baseball game, San Diego Padres player Jurickson Profar hit the winning hit with a walk-off single, securing a thrilling victory for his team against the Washington Nationals.…
Financial crime watchdog removes Turkey from money laundering ‘grey list’
As the sun sets, a ferry crosses the Golden Horn, with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. The Financial Action Task Force (FATF), an…
HBC to Acquire Neiman Marcus Group for $2.65 Billion
HBC, the parent company of Saks Fifth Avenue, has announced its acquisition of Neiman Marcus Group for $2.65 billion. The merger will unite two iconic luxury retailers under one roof.…
Concerns Over Biden’s Debate Performance
After his State of the Union address in March, President Joe Biden appeared to allay concerns about his abilities at 81. Speaking firmly, he faced down Republican lawmakers who mocked…
The Fed’s key measure shows inflation rose 2.6% in May from a year earlier, as expected
A key economic measure from the Federal Reserve revealed Friday that May's inflation rate was the lowest in three years. A report from the Commerce Department indicated that the Personal…