National business

A proposal to streamline Federal Reserve operations has raised alarm inside the sprawling institution over whether it would undermine the autonomy of its 12 regional banks, just as the central bank braces for broader changes from its new chairman, Kevin Warsh.

Fernando Flores can spend eight hours a day pouring the same cup of coffee. He is not a barista. He's a robot puppeteer, trying to train humanoids.

Social Security beneficiaries will lose an average of $500 per month in benefits if the program's trust fund is depleted in less than seven years, as predicted, according to a new analysis.

The rise of remote work explains more of the recent increase in unemployment among young college graduates than the proliferation of artificial intelligence, according to a Federal Reserve Bank of New York study.

The White House announced it will reduce tariffs on imported farm and construction equipment such as harvesters and forklifts, an effort to boost the industrial economy and provide relief for American farmers.

Southwest Airlines is shaking up its leadership as the Dallas-based carrier continues evaluating further changes to its business operation, such as the addition of lounges and long-haul international flights.

US job openings jumped in April to the highest level in almost two years and layoffs fell, adding to signs the labor market remained resilient even as businesses navigated rising energy costs sparked by the Iran war.

Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead ​of a planned roadshow this week.

Microsoft on Tuesday kicked off its annual Build developer conference in San Francisco, showcasing a new computer called the Surface RTX Spark Dev Box ​loaded with an Nvidia chip.

Walmart Inc. is limiting staff’s usage of an artificial-intelligence tool following high demand, illustrating how corporations are adjusting their calculations for incorporating the technology. The retailer is now offering a set amount of “tokens” per employee to use Code Puppy, an AI agent that helps with tasks ranging from spreadsheets to presentations, said people familiar with the matter ...

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era.

Less than a week after a multibillion-dollar deal for one of the country’s largest casino operators was announced, another gambling giant could soon be acquired. Billionaire media mogul Barry Diller’s People Inc. is presenting an $18 billion offer to buy MGM Resorts International. The proposed transaction, which includes assuming MGM’s debt, would pay shareholders about $12.4 billion for their ...

AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, edging ahead of rival OpenAI in a closely watched race to reach public markets.

Global health organization CEPI will give roughly $60 million to Moderna and two other groups to accelerate the development of shots against Ebola Bundibugyo, the deadly virus that has swept through eastern Democratic Republic of Congo.

Oil prices were up about $5 a barrel on Monday after Iran's Tasnim news agency reported that Tehran is halting indirect negotiations with the U.S. and plans are being made for Iranian forces and their allies to completely block the Strait of Hormuz and take action elsewhere, including another key shipping route.

School is almost out for teenagers across the country, and those hoping to land a summer job may have a tough time finding one.

 Meta Platforms revealed a decision to slash thousands more jobs in the Bay Area, primarily at the company’s South Bay headquarters, a new batch of official filings with the state labor agency shows.

Airline jet fuel prices will eventually come down, but that doesn't mean the cost of flights will, according to Dallas-based Southwest Airlines' chief executive.