Salesforce Inc. Chief Executive Officer Marc Benioff said his company has automated a significant chunk of work with AI, another example of a firm touting labor-replacing potential of the emerging technology.
Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade. The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the coronavirus pand…
Homebuyers in the US may soon be able to use cryptocurrency assets to strengthen their mortgage application, according to Bill Pulte, who oversees housing giants Fannie Mae and Freddie Mac.
The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.
New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic Americ…
Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was not…
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties. On the second day of his …
LAS VEGAS — An American Airlines jet was forced to return to Las Vegas Wednesday morning after reporting an engine issue. Flight 1665 was heading to Charlotte Douglas International Airport at 8:20 a.m. when it had to return to Harry Reid International Airport…
Southwest CEO Bob Jordan said the airline is open airport lounges and higher-end service like Europe flights and more premium classes to woo travelers.
Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, a region that supplies the world with about a third of the oil used globally every year. That same day, benchmark U.S. crude tumbled m…