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Kevin Warsh sworn in as Federal Reserve chair18:37 President Trump swore in Kevin Warsh as the chair of the Federal Reserve during a ceremony at the White House on Friday, after his pick to succeed Jerome Powell was confirmed last week. Jamie Dimon tells NYC’s Mamdani to ‘grow and build’ or watch more jobs flee18:05 JPMorgan Chase CEO Jamie Dimon tells NYC Mayor Zohran Mamdani that city governance requires lower crime and competitiveness, not empty "morality" slogans. Workers face growing 'automation anxiety' as tech layoffs surge, AI adoption accelerates17:33 AI automation anxiety is growing as over 85,000 tech jobs were cut through April 2026. One CEO says short-term job creation will come from AI tool adoption. Costco patio swings recalled after seat detachments lead to injuries16:29 Costco-exclusive Agio Menlo Woven Patio Swings are being recalled after eight reports of seats detaching from the frame and causing injuries. Waymo pauses freeway robotaxi routes after safety and software concerns4:14 Waymo temporarily pauses all U.S. freeway robotaxi operations to address construction zone performance issues while surface street routes remain active. Hyundai recalls more than 54,000 Elantra hybrids over potential fire risk2:39 Hyundai is recalling more than 54,000 Elantra Hybrid vehicles over a fire risk tied to an overheating component in the hybrid power control unit. Philadelphia voters approve first city-run retirement savings program for workers without 401(k) plans23:28 Philadelphia passed a ballot measure creating PhillySaves, the nation s first city-run auto-IRA program for workers lacking employer retirement plans. Jell-O gets MAHA makeover with new dye-free, lower-sugar product line23:28 Kraft Heinz rolls out Jell-O Simply, a new gelatin line made with real fruit juice and no artificial colors or sweeteners, available nationwide now. Trump makes major investment in trendy revolving sushi chain22:56 President Donald Trump disclosed a potentially multimillion-dollar investment in a popular sushi chain amid a broader portfolio shift involving restaurant and tech stocks. Asbestos fears spark urgent recall of 120K+ squeeze toys sold at Walmart, Ollie’s22:25 The Orb Factory recalled more than 121,000 squeeze toys nationwide after tests found fibrous tremolite, a form of asbestos, inside the products. Mortgage rates jump as inflation fears, Iran war weigh22:25 The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week s reading of 6.36%. Stellantis unveils $70B turnaround strategy with 60 new models21:53 Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient factory capacity use. Three major hospital systems accuse CVS of secretly siphoning hundreds of millions in drug savings21:53 Three major hospital systems have accused CVS of allegedly diverting hundreds of millions from the federal 340B Drug Pricing Program. Sergey Brin spends $500K to fight tax targeting companies with high-paid executives21.května Sergey Brin donated $500,000 to oppose San Francisco Measure D, which will be on the ballot next month and would tax companies with high-paid executives in the tech hub. Cruise giants could owe $440M after Supreme Court rules they used property seized in Cuba revolution21.května Supreme Court dealt a major blow to four cruise lines accused of profiting from Cuban property seized during Fidel Castro s communist revolution in 1959. |