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Fannie Mae Says a 'Modest Recession' Is 'Expected' in Second Half of the Year

The agency noted that unsustainable consumer spending and a slowing housing market may contribute to a looming recession.

Business News

Ice Cube Slams 'Demonic' AI Technology, Says It Has No Place in Music

The rapper said that the rise of AI in music could lead to "backlash," lawsuits, and a push for authentic voices.

Business News

Amazon Employees Plan a Walkout at Seattle Headquarters, Say Morale Is at an 'All-Time Low'

The organizers hope the walkout will include nearly 1,000 participants.

Business News

TikTok Is Suing Montana Over the State's New Law Banning the App

TikTok filed a lawsuit in federal court on Monday alleging the ban "abridges freedom of speech" and is "in violation of the First Amendment."

Business News

Uber Suspends Its Diversity Chief After 'Don't Call Me Karen' Session Elicits Outrage

Head of diversity Bo Young Lee led a series of discussions about race and the experiences of underrepresented groups called "Moving Forward."

Business News

These 15 U.S. States Have the Highest Employment Levels, According to a New Report

In April, 17 states had unemployment rates lower than the national average of 3.4%.

Business News

Mike Rowe Says the Dirtiest Jobs Are Safe From the AI Revolution: 'I Haven't Seen Any Plumbing Robots'

The "Dirty Jobs" host predicts that "prosperity" may come to those who work with their hands as AI comes for desk jobs.

Business News

American Airlines and JetBlue Ordered To Cease Partnership in the Northeast U.S. By Justice Department

The Justice Department sued to stop the Northeast Alliance, claiming it increased airfare and reduced options in domestic markets.

Business News

Meta Slammed With $1.3 Billion Fine For Violating EU Privacy Policy

The company intends to appeal the ruling, including the "unjustified and unnecessary fine."