Feb 18, 2025 | Markets
US Treasury chief says no need to worry about private data Ukraine partnership will show US citizens a return on support US Treasury Secretary Scott Bessent said US taxpayers don’t need to worry about the security of their private data while Elon Musk’s Department of...
Feb 18, 2025 | Markets
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according to two sources familiar with the agency’s plans. Federal officials...
Feb 18, 2025 | Markets
Reductions to affect about 1,750 roles beginning in April Carrier has been cutting costs in wake of activist battle Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the...
Feb 18, 2025 | Markets
Vanguard’s VOO has raked in $23 billion so far this year It’s not the first time that SPY’s crown has slipped Vanguard has unseated State Street for the title of the world’s biggest exchange-traded fund, ushering in a new world order for the $11 trillion industry. The...
Feb 17, 2025 | Markets
SSI raising more than $1 billion, including from Greenoaks Former OpenAI chief scientist left the company last year OpenAI co-founder Ilya Sutskever is raising more than $1 billion for his startup at a valuation of over $30 billion, according to a person familiar with...