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Why is Black female unemployment soaring? Experts gather in Boston to discuss 7.5% unemployment rate

In a packed room at library in a downtown Boston, Rep. Ayanna Pressley posed a blunt question: Why are Black women, who have some of the highest labor force participation rates in the country, now seeing their unemployment rise faster than most other groups? The replies Monday from policymakers, academics, business owners and community organizers laid out … Read more

Some desperate travelers turn to U-Haul as the government shutdown cuts flights and sends car rentals soaring

The U.S. government shutdown has rattled air travel — most recently with an unprecedented effort from the Federal Aviation Administration to cut flights by 10% at airports nationwide. And the disruptions are causing some to instead hit the road or buy a train ticket. That could mean more business for car rentals, long-haul buses and commuter rails like Amtrak … Read more

As Gen Z faces the white collar freeze in hiring, law and business school applications are soaring

Good news for law schools and MBA programs: applications are on the rise. Amid a challenging job market, students are turning to what they see as a safer bet—skilling up in hopes of becoming more attractive to prospective employers. Gen Z graduates have faced a difficult path to landing full-time roles out of college. The … Read more

OpenAI-Broadcom agreement sends shares of chipmaker soaring

Broadcom Inc. shares jumped after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious plan by the startup to add artificial intelligence infrastructure. As part of the pact, OpenAI will design the hardware and work with Broadcom to develop it, according to a joint statement on Monday. … Read more

Farm bankruptcies are soaring amid low crop prices, while Trump considers bailout of up to $14 billion

The number of farm operations filing for bankruptcy remains at historically low levels but has jumped sharply this year as a crisis in the agricultural economy drags on. In the second quarter, there were 93 filings, according to the Federal Reserve Bank of Minneapolis, up from 88 in the first quarter and nearly double the … Read more

The American Dream is alive and well: The number of ‘everyday millionaires’ is soaring, with over 1,000 people joining the ultrawealthy club daily

Having a house with a two-car garage, a white picket fence, and a bank account stocked with sizable savings feels like a fading dream for many Americans. But the aspiration is alive and well for the 379,000 U.S. citizens who became millionaires last year. The U.S. minted over 1,000 new millionaires a day in 2024—including … Read more

Opendoor brings back its founders plus a new CEO from Shopify—who could earn $2.8 billion if he sends the stock soaring

Opendoor Technologies is going all in on new CEO Kaz Netjatian with an aggressive compensation package that could see him clear $2.78 billion and own nearly 12% of the company. But he’ll have to more than triple the share price at a real estate technology company some have deemed a buzzy meme stock. In the … Read more

Stock benchmarks are scaling record highs: ‘Animal spirits are soaring’

Traders work on the floor of the New York Stock Exchange (NYSE) on September 03, 2025 in New York City. Spencer Platt | Getty Images Equities in several parts of the world have been rallying as easing inflation pressures, resilient corporate earnings and expectations for U.S. rate cuts boost investor sentiment. The MSCI All Country World … Read more

Donald Trump Jr. Joins Mixed Martial Arts Group, Sending Stock Soaring!

Alright, folks, let’s talk about a stock that’s kicking up a storm today—Mixed Martial Arts Group Limited (NYSE American: MMA). As of this writing, this stock is up a jaw-dropping 116.47%, and the catalyst? None other than Donald Trump Jr. stepping into the ring as a Strategic Advisor for MMA.INC. This news is like a … Read more

Geoffrey Hinton says AI will cause massive unemployment and send profits soaring

Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits. In a wide-ranging interview with the Financial Times, the former Google scientist cleared the air about why he left the tech giant, raised alarms on … Read more

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