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US employers add 57K jobs in June as hiring continues at a healthy clip – though rate-cut hopes fall
Hiring in June remained steady, even as it ended a three-month streak of job gains over 100,000 – but a steady labor market could add even more fuel to the Federal Reserve’s argument for raising interest rates. US employers added 57,000 jobs in June – below...
Sen. Elizabeth Warren presses Eric Trump for update on Capital One de-banking lawsuit
Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, is asking Eric Trump to confirm whether his family will resume legal action against Capital One over allegations it de-banked family-linked accounts, The Post has learned. The far-left pol...
China’s playing dirty in the AI arms race — and Neville Singham appears to be helping them change US minds
China is way behind the US in the AI arms race, but has no qualms about playing dirty to try and gain an upper hand. According to a new report, Chinese Communist Party-linked backers are helping push anti-AI sentiment which threatens to halt more than $20...
Ex-Modell’s owner forced to shut down week-old T-shirt site that offered Knicks-themed merch
The former owner of Modell’s Sporting Goods has shut down a website he launched to sell Knicks-themed merch and other items after just a week online — due to a cease-and-desist letter he received from the current owner of Modell’s, The Post has learned....
As France reels from record heat, race is on to buy cooling firm in spite of cultural disdain to A/C
As France boils under record summer temperatures, the race is on for a French main cooling and heating network operator — and JPMorgan Chase is currently leading the competition. JPMorgan has reportedly emerged as the frontrunner to buy Idex for at least $3.5...
Meta shares jump 10% after reports company is selling excess AI computing power
Meta shares jumped nearly 10% Wednesday following a report the company is planning to sell excess computing power, allowing it to recover some of the billions of dollars it has sunk into AI. The Menlo Park, Calif.-based tech giant, which has rushed to secure...
DJ Khaled joins celebs boosting nicotine pouch startup Sesh as it aims to compete with Zyn
As nicotine pouches take off in parts of corporate America – with some tech employers handing them out to workers to boost productivity – one startup is expanding its roster of celebrity investors in the hope of taking on deep-pocketed industry leaders like...
Fed chief Kevin Warsh says inflation risks have dipped – but keeps quiet on rate hikes
Federal Reserve Chairman Kevin Warsh said Wednesday that inflation risks have eased over the past few weeks – but stayed mum on the odds of interest-rate hikes in the latest sign that he will be more tight-lipped than his predecessor. At a European Central Bank...
Sony to stop releasing PlayStation games on discs as online sales dominate
Sony said Wednesday it will stop producing physical discs for all new games released on PlayStation consoles from January 2028, marking a full shift to digital distribution as consumer purchases continue to move online. Digital downloads accounted for about 80%...
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