KVSP Business
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Marko Geber/Getty Images (NEW YORK) — U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been significantly weaker than initial estimates had suggested. The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of […]
Treasury Secretary Scott Bessent speaks alongside President Donald Trump during a press availability in the Oval Office of the White House, Sept. 5, 2025. (Kevin Dietsch/Getty Images) (NEW YORK) — Employers in nearly every industry have cut back on hiring, according to the latest data, leaving job seekers with fewer places to turn. A recent […]
Narisara Nami/Getty Images (WASHINGTON) — Fresh jobs data on Friday showed a continued hiring slowdown in the first such release since a dismal jobs report last month prompted President Donald Trump to fire the top official tasked with compiling labor statistics. The reading fell well short of economists’ expectations. The U.S. added 22,000 jobs in August, according to data […]
A 500 gram gold bar is seen in a gold shop window on April 17, 2025 in Istanbul, Turkey. Chris McGrath/Getty Images (NEW YORK) — The price of gold topped $3,500 per ounce for the first time ever on Tuesday, reaching toward new record highs as trading stretched into midday. Gold prices have soared 35% so far […]
Chip Somodevilla/Getty Images (WASHINGTON) — A tariff loophole for low-cost shipments helped fuel an explosion of U.S. consumers purchasing shoes, sunglasses and a host of other items directly from sellers overseas. The Trump administration closed that exemption on Friday, bringing the era of duty-free online buying to an end. President Donald Trump closed what’s known […]
Drew Angerer/Getty Images (WASHINGTON) — Federal Reserve Governor Lisa Cook sued President Donald Trump on Thursday over his move to fire her, saying she should retain her position as a top policymaker at the central bank. The lawsuit, filed in U.S. District Court for the District of Columbia, describes Trump’s effort as “illegal and unprecedented,” […]
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. (Chesnot/Getty Images, FILE) (NEW YORK) — Chip giant Nvidia delivered more revenue than expected over a recent three-month period, the […]
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. (Chesnot/Getty Images, FILE) (NEW YORK) — An earnings report to be released by chip giant Nvidia on Wednesday will offer […]
Vegetables on display in a grocery store on August 15, 2025 in Delray Beach, Florida. Joe Raedle/Getty Images (NEW YORK) — Consumer confidence worsened slightly in August, erasing some gains from the previous month and resuming a downward trend suffered at the outset of 2025, the Conference Board said on Tuesday. The souring of shopper attitudes followed a […]
Justin Sullivan/Getty Images (NEW YORK) — Elon Musk-owned xAI on Monday sued tech giants Apple and OpenAI over an alleged scheme to illegally dominate the artificial intelligence industry through a collaboration that equipped iPhones with AI tools. The exclusive agreement between the world’s largest smartphone producer and a top AI firm effectively shut other AI […]
