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Supreme Court hands Fed independence a major victory

The Supreme Court reinforced the Federal Reserve’s independence from interference from the White House in a historic 5-4 ruling that protects Fed governors from being fired by the president “for cause” without proof of wrongdoing. Ironically, the Fed protection came the same day as the high court in a separate ruling expanded President Donald Trump’s […]

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Kroger rolls out exclusive celebrity line to win back shoppers

Grocery stores are no longer competing only on milk, eggs, bread, and produce. Customers still want low prices on everyday essentials, but many shoppers are also looking for convenience, rewards, meal ideas, seasonal items, and small, affordable treats that make a weekly grocery run feel more useful. That has made the grocery business more competitive.

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SoftBank CEO offers stinging critique of Musk’s AI bet

SoftBank Group (SFTBY) chief executive Masayoshi Son told shareholders this week that Elon Musk’s plan to build data centers in orbit is a losing bet, Fortune reported. Son, who has committed billions to on-the-ground AI infrastructure, framed the dispute as a question of timing and cost, not of engineering capability. The 68-year-old investor, whose company

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