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Ford Foundation selects Yale dean and democracy scholar Heather Gerken to succeed Darren Walker

NEW YORK (AP) — The Ford Foundation has settled on its next leader. Yale Law School Dean Heather Gerken will succeed Darren Walker as the president of one of the largest U.S. charitable organizations, the Ford Foundation announced Monday. A leading expert on constitutional law ...
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US job openings in May hit 7.8 million in a continuing display of labor market resilience

WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilien t in the face of high borrowing costs and uncertainty over U.S. economic policy. U.S. employers posted 7.8 million vacancies in May, The Labor Department reported ...
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Musk proposes a new political party, Trump suggests DOGE ‘might have to go back and eat Elon’

Elon Musk’s feud with President Donald Trump — and seemingly any congressional Republicans who support the president’s massive tax cuts and spending package — has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could be punished ...
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Tesla shares take a hit as feud between Trump and Musk reaches a boil

Shares of electric vehicle maker Tesla, which is headed by Elon Musk, slumped Tuesday as the war of words between billionaire and President Donald Trump over the big bill of tax breaks and spending cuts heats up again, with Musk saying he may form ...
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Senate grinds to a standstill as Republicans struggle with Trump’s big bill

WASHINGTON (AP) — The Senate came to a standstill Tuesday after slogging through a tense overnight session, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of tax breaks and spending cuts while fending off proposed amendments, mostly ...
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US manufacturing mired in weakness as tariffs bite

By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs creeping higher, suggesting that the Trump administration’s tariffs on imported goods continued to hamper businesses’ ability to plan ahead. The Institute for Supply Management (ISM) said ...
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Ford’s second-quarter US auto sales rise 14%

(Reuters) -Ford Motor reported a 14.2% rise in second-quarter U.S. sales on Tuesday, driven by higher demand for its pickup trucks. The Detroit automaker’s overall sales rose to 612,095 units in the three months to June.(Reporting by Utkarsh Shetti in Bengaluru; Editing ...
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Powell reiterates Fed will wait for more data before cutting rates

SINTRA, Portugal (Reuters) -U.S. Federal Reserve chair Jerome Powell reiterated the U.S. central bank plans to “wait and learn more” about the impact of tariffs on inflation before lowering interest rates, again setting aside President Donald Trump’s demands for immediate and deep rate cuts.  “We’re ...
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Court approves sale of 23andMe to nonprofit led by former CEO Anne Wojcicki

(NEW YORK) -- A bankruptcy court this week approved the $305 million sale of genetics testing firm 23andMe to a nonprofit organization led by the company's former CEO Anne Wojcicki, the company announced.The 23andMe bankruptcy earlier this year elicited fears about the security of ...
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War of words over big bill intensifies between Musk, Trump

The war of words between billionaire Elon Musk and President Donald Trump over the big bill of tax breaks and spending cuts is heating up again, with Musk claiming he may form a new political party and Trump blasting the Tesla CEO over electric ...
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Wall Street set to dip from record highs with Trump tax bill in focus

(Corrects day in paragraph 1 to Tuesday from Monday) By Sruthi Shankar and Nikhil Sharma (Reuters) -Wall Street indexes were set to dip on Tuesday, after touching record highs a day earlier, as investors monitored U.S. trade talks and a voting marathon in Washington over ...
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Lululemon files lawsuit against Costco, claims company is selling ‘dupes’ of some of its products

Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling lower-priced duplicates of some of its popular athleisure clothing. Lululemon Athletica claims in its lawsuit filed in the U.S. District Court for the Central District of California that Costco has ...
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