Business

New sanctions target Russian web hosting service over ransomware operations

New sanctions target Russian web hosting service over ransomware operations

WASHINGTON (AP) — The United States, Britain and Australia announced sanctions Wednesday against a Russia-based web hosting service for allegedly running ransomware operations that are meant to he...

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Fed minutes: Most officials supported more rate cuts but not necessarily in December

Fed minutes: Most officials supported more rate cuts but not necessarily in December

WASHINGTON (AP) — A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meetin...

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Labor Department won’t release full October jobs report, a casualty of the 43-day federal shutdown

Labor Department won’t release full October jobs report, a casualty of the 43-day federal shutdown

WASHINGTON (AP) — The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the un...

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Nvidia earnings will shed a light on whether Big Tech is fueling an AI boom or bubble

Nvidia earnings will shed a light on whether Big Tech is fueling an AI boom or bubble

SAN FRANCISCO (AP) — Computer chipmaker Nvidia is poised to release a quarterly earnings report Wednesday that is expected to either deepen a recent downturn in the stock market or prompt an sigh ...

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Texas moves ahead with regulating hemp industry as federal ban looms

Texas moves ahead with regulating hemp industry as federal ban looms

The Texas Alcoholic Beverage Commission moved forward on Tuesday with its efforts to regulate the sale of consumable hemp products as questions swirled around the future of the industry due to fed...

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Trump nominates Stuart Levenbach, with no financial experience, to lead the CFPB

Trump nominates Stuart Levenbach, with no financial experience, to lead the CFPB

NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, choosing a person who has no banking or financial services experience t...

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