KVSP Business
The U.S. Capitol, November 11, 2025, on Capitol Hill in Washington, DC. (Win Mcnamee/Getty Images) (WASHINGTON) — The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal employees back to work, funding food stamps and smoothing out major travel disruptions. The reopening averts a recession that may have come to pass […]
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 7, 2025 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks closed markedly higher on Monday after the Senate voted hours earlier to advance a potential deal on the government shutdown, which has weighed on economic output and cast uncertainty over markets for […]
Aaron Schwartz/Bloomberg via Getty Images (NEW YORK) — President Donald Trump over the weekend vowed to provide each American a $2,000 dividend to be distributed from what he said was tariff revenue. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” the president wrote on social […]
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 7, 2025 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks rose in early trading on Monday after the Senate voted hours earlier to advance a potential deal on the government shutdown, which has weighed on economic output and cast uncertainty over markets […]
Joe Raedle/Getty Images Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade. The pay package would make Musk the best-compensated CEO ever recorded. According to a securities filing in September, Musk would rake in roughly $900 billion over […]
Gabby Jones/Bloomberg via Getty Images (NEW YORK) — Exercise equipment company Peloton is voluntarily recalling approximately 833,000 exercise bikes due to a potential issue specific to the bike’s seat post, the company announced Thursday. According to the company announcement, the recall affects “certain Original Series Bike+ models manufactured from December 2019 through July 2022 for […]
rbkomar/Getty Images (NEW YORK) — Travelers with plans to fly amid the government shutdown are searching for refund policies related to flight delays or cancellations, as well as information on what resources are available to them if a booking is significantly impacted by the continued ripple effects and possible airspace closures. Here’s what travelers facing […]
Chip Somodevilla/Getty Images (WASHINGTON) –The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the flagging labor market. The widely expected move delivers a lowering of interest rates sought by President Donald Trump, though the […]
Chip Somodevilla/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first time since a government shutdown sharply restricted the release of gold-standard federal data about the economy. In a rare exception, the U.S. government issued an inflation report last […]
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas, Dec. 3, 2024, in Las Vegas. (Noah Berger/Getty Images) (NEW YORK) — Amazon is set to lay off thousands of corporate workers, despite billions in profits and lucrative lines of […]
