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Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as CEO Ryan McInerney seeks to streamline the payments giant.
SpaceX, Blue Origin could get quicker launch approval under FAA move to waive environmental rules
“America won the first Space Race, and we can do it again — but only if we get government red tape out of the way,” Transportation Secretary Sean Duffy said.
Shein says it’s under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.
Senate to set up key vote on Russia sanctions
The sanctions target Russian officials, oligarchs, their family members, foreign persons, Russian banks and financial institutions and the Russian shadow fleet.
Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
Wall Street analysts expect Ford to report adjusted earnings per share of 35 cents and automotive revenue of $45.86 billion.
Kentucky Gov. Beshear calls on Mitch McConnell to prove he can serve or resign
McConnell’s prolonged absence could complicate the GOP’s narrow Senate majority and trigger an untested Kentucky vacancy process.
Trump: New tariffs ‘doing the same thing’ as the ones struck down by Supreme Court
Trump dismissed fears that his tariffs could hurt the economy — especially as affordability concerns have become a key issue of the upcoming midterm elections.
UPS beats earnings expectations, raises full-year guidance
UPS beat Wall Street expectations and raised its full-year guidance in its second-quarter earnings report Tuesday.
Analysis: Kevin Warsh’s Fed press conference will be revealing even without a rate hike
Warsh will reveal how he weighs energy shocks, AI-driven price pressure, the Fed’s task forces and pressure from Trump.
Boeing posts bigger loss than expected as Air Force One costs weigh on results
Boeing took a $280 million charge on its long-delayed Air Force One program.