The U. S. Senate is set to confirm Kevin Warsh as the new chair of the Federal Reserve, a move that could shape how the central bank tackles rising prices. Warsh, a seasoned lawyer and financier, will take over from Jerome Powell, whose term as chair ends this week. Although Powell will remain on th
Walmart is reshuffling about 1, 000 tech and AI workers, but don’t blame the robots—at least not directly. The cuts aren’t about AI replacing human roles. Instead, the retail giant spent the past year merging three separate tech teams (for U. S. stores, Sam’s Club, and international operations) into
The World Food Programme announced that it has cut its emergency food support in Syria by half because of a lack of money. Only 650, 000 people now receive help instead of the 1. 3 million it did earlier in May. The program also dropped its operations from all 14 regions down to just seven. The mai
A new study shows over a third of US crypto traders are cutting back on daily expenses because their digital money isn’t worth as much as before. About 36% have reduced spending on things like food, entertainment, or transportation. For 10% of those, the cuts are big enough to affect their quality o
The woman leading Binance’s push to make crypto feel mainstream has decided to step back. After just nine months in the role, the company’s chief marketing officer is leaving at the end of June, closing a brief but notable chapter in the exchange’s history. Her exit comes as the broader crypto marke
A recent outbreak of hantavirus on the MV Hondius cruise ship has stirred a heated debate in Washington. The virus, carried by rodents, caused three deaths and eight illnesses among passengers. Some travelers have already returned home while authorities watch for further spread. Senator Chuck Schum
Bridging, a charity in the Twin Cities that helps people start fresh by giving them furniture and household essentials, has a new person in charge. Joel Spoonheim took over as executive director in May after working in healthcare leadership. His background includes roles at Fulcrum Health and Health
The open-wheel racing world has always thrilled fans with roaring engines and high-speed chases. NASCAR, the stock car racing giant, built its fame from fast cars circling tracks since the late 1940s. Over time, it grew into a high-stakes billion-dollar business, far beyond just cars zooming in loop
BsStrategy has opened a new door for people who want to trade with computers instead of watching charts all day. The company’s platform, which can read market data in real time and run ready‑made trading plans, is now live for anyone to try. Anyone who signs up today gets a $10 credit to play around
Back in 1985, one man started a company that now rakes in millions for its top boss. That man is Charles F. Willis, IV, who still owns about 40% of Willis Lease Finance Corporation and calls the shots. The board of directors, packed with his family and a few supposedly independent members, has been
