A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024.  Denis Balibouse | Reuters The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a…

The jobs report for November came in better than expected, and that growth came from several different areas of the U.S. economy, according to the data. Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics. This comes after…

Elon Musk is asking a federal court to stop OpenAI from converting into a fully for-profit business. Attorneys representing Musk, his AI startup xAI, and former OpenAI board member Shivon Zilis filed for a preliminary injunction against OpenAI on Friday. The injunction would also stop OpenAI from allegedly requiring its investors to refrain from funding…

A handful of Democrats are sounding their approval of Republican Florida Sen. Marco Rubio as Secretary of State but others continue to doubt some cabinet picks made by President-elect Donald Trump. “I think Marco Rubio is enormously well-qualified for the job for which he’s been nominated,” Democratic Senator-elect from California Adam Schiff said on NBC’s…

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia.  Contributor | Getty Images News | Getty Images Global stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and…

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the…

Attendees cheer as a broadcast of former US President and Republican presidential candidate Donald Trum speaking at his Florida election party is shown on a screen at the Nevada GOP election watch party in Las Vegas, Nevada on November 6, 2024.  Ronda Churchill | Afp | Getty Images Wall Street dealmakers and corporate leaders expect…

Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as he speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, U.S., October 17, 2024. Rachel Wisniewski | Reuters A Pennsylvania federal judge on Friday returned to state court a lawsuit against billionaire Elon…

Shigeru Ishiba, Japan’s prime minister and president of the Liberal Democratic Party (LDP), at the party’s headquarters following the lower house election, at the party’s headquarters in Tokyo, Japan, on Sunday, Oct. 27, 2024.  Bloomberg | Bloomberg | Getty Images Japan’s ruling coalition lost its parliamentary majority, with public broadcaster NHK projecting that the Liberal…

Rockaa | E+ | Getty Images Federal tax brackets for 2025 Federal income tax brackets show how much you owe on each part of your “taxable income,” which you calculate by subtracting the greater of the standard or itemized deductions from your adjusted gross income. 37% for individual single taxpayers with incomes greater than $626,350…