Business
July 3, 2026
Egg producers will pay $3.3M and donate 53 million eggs to settle price-fixing claims
The US Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices,…
July 3, 2026
US employers still reluctant to add many jobs as hiring slows in June
US employers slowed hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign that companies still have a cautious economic outlook.
The Labor Department said…
July 3, 2026
Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
The average long-term US mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers.
The benchmark 30-year fixed rate mortgage rate fell to…
July 3, 2026
A grim job outlook meets a scrappy workforce as administrative assistants harness AI
With their numbers already in decline, secretaries and administrative assistants face another growing threat: artificial intelligence (AI) tools like ChatGPT and Claude that can accomplish aspects of…
July 3, 2026
Most US stocks climb towards the finish of a strong week, but drops for tech keep indexes mixed
Most US stocks were rising on Thursday after the latest update on the job market suggested the Federal Reserve may feel less pressure to hike interest rates. But more swings for chip stocks and other…
July 3, 2026
Trump filing shows he took in about US$1.2 billion from crypto businesses last year
US President Donald Trump took in nearly US$1.2 billion from his crypto businesses last year, a federal filing released on Tuesday shows, locking in profits while his investors were socked with…
July 3, 2026
Trump administration lifts restrictions on Anthropic’s Claude models after cybersecurity alarm
The Trump administration has lifted restrictions on artificial intelligence (AI) company Anthropic’s latest versions of its Claude chatbot, ending a weeks-long ban tied to cybersecurity concerns.
July 3, 2026
Heat adds to strains on areas with data centres, raising the temperature on AI debates
Eileen Castle’s swimming pool, one of the only ones for blocks around, was once a refuge for neighbourhood children on hot summer days.
But even as temperatures soared this week, Castle, 82, said she…
July 2, 2026
New Fed Chair vows independence amid call for lower rates
New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has…