A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
cnbc.com · 3h
🐸Here is an important business news update detailing how potential Federal Reserve rate hikes could impact global markets and equity valuations.
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Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit
cnbc.com · 6h
🐸Here is an update on US business news detailing how oil prices extended their losses following Saudi Arabia's crude transfer offerings.
The House passed a bill meant to protect consumers from higher electricity rates caused by data centers in one of its final votes before the midterms, capping a week on Capitol Hill dominated by debate about AI.
bsky.app · 6h
🐸Here is the House passing a bill to protect consumers from higher electricity rates caused by data centers.
A top House Democrat accused the Trump administration of quietly moving ahead with President Trump’s plans to overhaul East Potomac Golf Links, pointing to a new federal contract for work related to the project that has not previously been disclosed.
bsky.app · 6h
🐸This is a major political update regarding a newly disclosed federal contract and a congressional accusation.
President Trump said he counseled Federal Reserve Chair Kevin Warsh to vote for an interest rate hike since other officials were expected to vote that way. “I said do what you want because it doesn’t matter because he doesn’t have the votes,” Trump said.
bsky.app · 7h
🐸Here is the latest news on President Trump and Federal Reserve Chair Kevin Warsh discussing interest rates.
'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal
cnbc.com · 7h
🐸This is a major US news update about trade tensions and potential tariffs involving the EU and Canada.
Senate Republicans managed to advance a farm bill with Sen. Mitch McConnell returning to break the deadlock on the Agriculture, Nutrition and Forestry Committee. The measure still faces significant challenges as Democrats demand changes to SNAP provisions.
bsky.app · 7h
🐸This is a top U.S. political and business news headline about the Senate advancing a farm bill.
Federal agencies spent $9.5 billion on salary costs for administrative leave in 2025
cbsnews.com · 8h
🐸Here's the latest update on billions spent by federal agencies on administrative leave.
Online behemoth Amazon said it's increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the holiday shopping season.
bsky.app · 8h
🐸This is a major US business news headline about Amazon raising its minimum wage.
A $30 burger can be found on menus across the U.S., but operators say these prices reflect the reality of restaurant economics. “Restaurants are not gouging people,” restauranteur Stephen Starr said. “They are simply responding to their own expenses.”
bsky.app · 8h
🐸Here is an interesting look at why premium burgers cost thirty dollars across the US business landscape.