Cloud computing giant Oracle is laying off more employees this week as it extends a multibillion-dollar restructuring plan. The job cuts include 359 in Seattle, according to a regulatory filing Wednesday.

The Austin, Texas-based company disclosed in an annual regulatory filing earlier this year that its total workforce decreased by roughly 21,...Read more

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump.

“We removed a dose of accommodation so that financial and credit conditions would be more consistent ...Read more

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump.

“We removed a dose of accommodation so that financial and credit conditions would be more consistent ...Read more

The U.S. national debt now exceeds $40 trillion — a MEGO number, which stands for "my eyes glaze over." Why should you care? No one else seems worried. Not Congress, for sure. They just keep spending and borrowing more.

There’s always been someone willing to lend us money. The rest of the world — until now — has been comfortable buying ...Read more

Paramount Skydance will meet with California Attorney General Rob Bonta's representatives next month for court-ordered settlement talks that could clear a path for David Ellison's $111 billion takeover of Warner Bros. Discovery.

The two sides will convene for two days, Oct. 14 and Oct. 15, according to court documents filed this week.

The ...Read more

DETROIT — Ford Motor Co. is addressing affordability for off-road enthusiasts with F-150's 2027 model year by lowering the starting price on its Tremor and Raptor trims.

On track for its 50th consecutive year of U.S. truck sales leadership, the Dearborn, Michigan automaker is looking to expand accessibility to its off-road trims and ...Read more

Most every household has a vacuum — many have more than one.

Our main vacuum is a Dyson DC07 I bought refurbished in 2008. That upright vacuum has been the mainstay in our house and it still performs flawlessly.

My job reviewing gadgets has brought more than a few other vacuums into our home. Not many earn a permanent spot in the hall closet...Read more

At the start of the year, Medicare launched an artificial intelligence-enabled prior authorization program for certain medical services in six states, including Washington.

The program has since sparked controversy as patients and doctors reported significant delays and denials, leaving many in pain while they waited out lengthy appeals ...Read more

While progress begins on small, modular nuclear fission reactors across the United States for electric generation, others are betting on fusion, the still-experimental fusing of lightweight atoms that powered Tony Stark’s fictional Iron Man suit.

South Korea’s Hyundai Motor Group is investing in a Bill Gates-backed U.S. nuclear firm, ...Read more

As debate rages over how to respond to the growing power of artificial intelligence, Bill Gates is throwing a billion dollars and some words of wisdom at the problem.

The Microsoft founder and one of the world’s biggest philanthropists warns that artificial intelligence could be either a “great equalizer” or a force that widens the world�...Read more

You might have heard that Paramount-Skydance's proposed $111-billion acquisition of Warner Bros. Discovery will be a boon for the Southern California film industry. Or that, if it doesn't come off, the damage to the local economy will be epic. Or that, even if it does happen, that might not be good for the economy.

In that respect, like many ...Read more

Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote Tuesday, sending cryptocurrency stocks tumbling after a major setback for industry.

The long-stalled legislation sought by crypto firms would hand the Commodity Futures Trading Commission the primary authority to regulate the digital assets ...Read more

The Federal Reserve is expected to lift interest rates on Wednesday for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank.

That’s likely to strain Chairman Kevin Warsh’s relationship with President Donald Trump.

Officials have held their benchmark ...Read more

Universal Music Group is suing digital music distributor DistroKid, alleging the company spreads "AI-generated 'slop' that siphons revenue and listeners from the legitimate artists and rightsholders."

The major record label accuses DistroKid of both "deceptive trade practices and blatant copyright infringement," according to a complaint filed ...Read more

Legislation that will extend mortgage relief to victims of the January 2025 Los Angeles County wildfires and establish a similar permanent program for disaster victims statewide was signed into law Tuesday by California Gov. Gavin Newsom.

The mortgage forbearance bills by Assemblymember John Harabedian, D-Pasadena, who represents the devastated...Read more

Here are two safe predictions about the “national freakout” over artificial intelligence, as the Wall Street Journal called it this weekend.

First, AI isn’t going to kill us. And even if it were, the government wouldn’t save us.

Public perceptions about AI, as I wrote last week, took many leaps this summer. But they turned apocalyptic ...Read more

DETROIT — The style and workwear durability of Carhartt, another iconic Motor City brand, is coming to Ford Motor Co.'s flagship F-150 for the 2027 model year.

Building off their shared heritage as family-influenced brands with century-plus roots in the Motor City, the Dearborn-based companies unveiled the pickup on Tuesday. Similar to the ...Read more

Chicago aldermen say they are close to sweetening the deal on the city’s infamous parking meter privatization by prying key concessions from the system’s prospective new buyer.

A group of aldermen announced Tuesday that they have agreed with Stonepeak Partners on a deal under which the city would receive a $75 million lump payout and get 5%...Read more

OpenAI is working on steps to address artificial intelligence safety issues with its top competitors Anthropic PBC and Google DeepMind, escalating industry efforts to respond to a groundswell of concern that the technology poses an economic and security threat.

Chris Lehane, the global policy chief for OpenAI, said Tuesday that the company’s ...Read more

LANSING, Michigan — United Auto Workers President Shawn Fain blasted the idea of the federal government allowing a Chinese company to manufacture cars in the United States, something President Donald Trump recently suggested might be possible.

At a UAW conference on Sept. 15 in downtown Lansing, Fain said Trump's comments represented "a slap ...Read more