Cattle ranchers are speaking out against a Trump administration plan to temporarily waive higher tariffs on ground beef imports, arguing it will undercut their business and prevent them from rebuilding their dwindling cattle herds. President Trump announced on Truth Social last week that the U.S. will import 300,000 metric tons of ground beef — about…
Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….
Younger workers are more pessimistic and cynical about how artificial intelligence will affect their jobs than older employees, according to a recent survey. Generation Z Americans are the most critical of AI, with only a third of young employees speaking positively about its impact on the workplace, Glassdoor found in an analysis of workers’ attitudes…
Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…
Good Good Golf faces mounting backlash for a controversial online video ad that sparked accusations of sexism. On Thursday, the digital media company lost its three-year partnership with Callaway Golf, while the PGA Tour said Good Good would no longer sponsor one of the association’s tournaments in November. The ad, co-branded with Callaway, shows a male golfer…
Video game enthusiasts are getting an extended look at Grand Theft Auto 6 before its eagerly awaited commercial launch this fall. Netflix on Thursday hosted an exclusive preview of the game, which is set to arrive on Nov. 19, for its streaming subscribers. The 25-minute video features a compilation of clips of GTA 6’s two…
Bill Gates is sounding the alarm about artificial intelligence, warning in a new essay that the technology will rapidly transform the U.S. labor market and put millions of jobs at risk. AI is changing the economy much faster than previous technological revolutions, advancing at what the Microsoft co-founder called a “mind-blowing rate” and leaving less…
Canadian trade officials acknowledge that the country’s retaliatory tariffs of up to 50% on $20 billion in American goods are intended to exert pressure on the Trump administration by targeting key U.S. states. Although the negotiators haven’t identified those regions, the tariffs could hit states in the Midwest and Northeast particularly hard, according to economists’ analysis…
Meta, the owner of Facebook and Instagram, settled a landmark social media addiction lawsuit on Wednesday brought by dozens of states, according to a court filing. Meta agreed to pay up to $17 billion to the states that sued and add child-safety measures to its platforms. The settlement resolves claims filed by 47 states and…
Medical device maker Boston Scientific said on Wednesday that a cyberattack disrupted its global operations, including systems it relies on to process and ship customer orders. The incident, which Boston Scientific said it uncovered on Tuesday, continues to affect the company’s business as it works to restore operations. In a securities filing on Wednesday, the global manufacturer…
