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Fed Chair Nominee Kevin Warsh Aims to Transform the Central Bank -- and the Biggest Loser May Be Wall Street - The Motley Fool
business 2026/05/02 11:36:00

Fed Chair Nominee Kevin Warsh Aims to Transform the Central Bank -- and the Biggest Loser May Be Wall Street - The Motley Fool

Warsh’s testimony before the Senate Banking Committee points to foundational changes at the Fed.

Motley Fool
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Two harsh realities are keeping lower earners stuck while the wealthy pull ahead - Business Insider
business 2026/05/02 09:01:09

Two harsh realities are keeping lower earners stuck while the wealthy pull ahead - Business Insider

The US has been in a K-shaped economy. New research explains what’s driving that, including inflation’s impact.

Business Insider
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Spirit Airlines ceases operations after escalating financial struggles - NPR
business 2026/05/02 06:42:14

Spirit Airlines ceases operations after escalating financial struggles - NPR

The low-cost carrier, which had been struggling for years, announced it will cease operations. Spirit had been seeking a $500 million lifeline from the White House, but talks failed to yield a deal.

NPR
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Nvidia, Microsoft, AWS Expanding Classified Military AI Use - Bloomberg.com
business 2026/05/02 03:01:00

Nvidia, Microsoft, AWS Expanding Classified Military AI Use - Bloomberg.com

The Pentagon has struck agreements with more technology companies for expanded use of advanced artificial intelligence tools on classified military networks, according to a Defense Department statement and two defense officials briefed on the matter.

Bloomberg
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Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield - CoinDesk
business 2026/05/02 01:04:52

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield - CoinDesk

The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but “bona fide” transactions are allowed.

CoinDesk
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'My mom Lorna Hajdini…': Wild post adds family twist to JPMorgan sex abuse case - here's the truth | Hindustan Times - Hindustan Times
business 2026/05/02 00:16:34

'My mom Lorna Hajdini…': Wild post adds family twist to JPMorgan sex abuse case - here's the truth | Hindustan Times - Hindustan Times

The story gained additional attention after a viral X post from an account named Brayden Cookz.

Hindustan Times
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