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AI Reshapes Entry-Level Work More Than Headcount
Artificial intelligence is starting to hit the job market where companies traditionally hire first, not through broad-based layoffs but by shrinking the need for junior white-collar staff and shifting more…
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Oil Jumps After OPEC+ Deepens Supply Cuts
By JBizNews Desk — April 29, 2026 OPEC+ Tightens the Screws OPEC+ surprised markets by announcing deeper-than-expected production cuts for the coming months, pushing oil prices sharply higher in early…
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Work more, lose less? New bill aims to end Social Security penalty
A new proposal would allow Social Security beneficiaries to continue working without having their benefits diminished, which could make it easier for retirees to pay off their mortgages or more…
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UFC, Bud Light team up to make already highly anticipated summer of fights that much better: ‘A fan delight’
UFC will take the grandest stage of them all in less than two months when some of the best fighters in the world will go blow-for-blow on the White House…
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Trump Signals Prolonged Naval Blockade of Iranian Ports
By JBizNews Desk — April 29, 2026 No Letup in Maximum Pressure Campaign President Donald Trump has instructed aides to prepare for an extended U.S. naval blockade of Iranian ports…
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Opening Bell: Stocks Eye Modest Gains as Big Tech Earnings and Fed Decision Dominate
JBizNews Desk — April 29, 2026 Wall Street Braces for Pivotal DayTom Lee, head of research at Fundstrat Global Advisors, said U.S. stocks are set to open with modest gains…
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Governor Sherrill Launches New Jersey Report Card Delivering on Day One Promise to Boost Transparency and Accountability in Trenton
New initiative will save New Jerseyans time and money through clear, responsive government TRENTON – Today, Governor Sherrill unveiled the New Jersey Report Card, an interactive, public-facing website that allows New…
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What a UAE exit from OPEC means and why it matters
The United Arab Emirates (UAE) announced Tuesday it would quit membership in the Organization of Petroleum Exporting Countries (OPEC) and OPEC+. It comes after 59 years at the club. But…
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Purdue Pharma sentenced to $5.5B in opioid criminal case
Purdue Pharma, the manufacturer of OxyContin, was sentenced in federal court on Tuesday and ordered to pay $5.5 billion for its role in fueling the opioid epidemic. The sentencing comes…
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UN Report Finds Workplace Stress Linked to 840,000 Deaths Annually
A sweeping new report from the International Labour Organization (ILO) has quantified the global toll of toxic workplace conditions, finding that more than 840,000 people die each year from health…
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State Farm Faces Wave of Lawsuits Alleging Systematic Denial of Hail Damage Claims
State Farm, the largest home insurer in the United States, is facing an expanding legal battle spanning multiple states, with hundreds of homeowners alleging the company engaged in a coordinated…
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US Hiring Cools as Wage Growth Stays Firm
JBizNews Desk — April 29, 2026 Labor Market Shows Clear Cooling SignsDiane Swonk, chief economist at KPMG, noted that the U.S. labor market is displaying clear signs of cooling, with…
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Starbucks Stock Surges on Blowout Q2 — But Can It Rally Another 18%?
By JBizNews Desk- April 29 8:27am Starbucks Corporation (NASDAQ: SBUX) is riding a fresh wave of bullish momentum Wednesday following a blowout second quarter that sent shares surging in after-hours…
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Top US diplomat in Kyiv to resign after Trump conflict-report
The US’s acting ambassador to Ukraine, Julie Davis, is set to leave her post in the coming weeks due to disagreements with President Donald Trump, the Financial Times reported Tuesday,…
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BP Profits More Than Double as Iran Conflict Drives Oil Surge
BP delivered a powerful first-quarter earnings report Tuesday, as surging oil and gas prices tied to the ongoing U.S.-Israel conflict with Iran pushed the British energy giant’s profits to more…
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Alibaba Profit Tops Estimates as Cloud Growth Accelerates
Alibaba Group Holding reported quarterly profit ahead of market expectations, giving investors a fresh sign that the Chinese technology giant’s push into cloud computing and artificial intelligence is gaining traction…
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U.S. Tightens Sanctions on Russian Financial Network
The U.S. Treasury Department moved Tuesday to widen pressure on Russia’s financial and commercial channels, adding a new set of entities to its sanctions lists in the latest effort to…
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Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings
For the generation that should be in its “peak savings years,” the prospect of retiring on time has shifted from a plan to a prayer. A newly released Employee Financial…
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Starbucks Plans $100 Million Nashville Office Hub
Starbucks is committing $100 million to establish a new support center in Nashville, a move the coffee chain says will bring corporate and operational teams closer to customers and store…
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Trump Holds Iran Blockade to Force Nuclear Deal as Oil Surges and Pressure Mounts
President Donald Trump is preparing to sustain the U.S. blockade of Iran, signaling that the administration is willing to prolong economic pressure to secure a comprehensive nuclear agreement even as…
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Treasury freezes $344M in crypto as ‘Operation Economic Fury’ pushes Iran to industrial breaking point
The U.S. Treasury Department has frozen more than $344 million in cryptocurrency tied to Iran and is ramping up efforts to choke off the regime’s access to global revenue streams…
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Disney reportedly shelves ESPN spinoff talks in major call under new CEO
The Walt Disney Company is reportedly backing away from plans to spin off ESPN, shelving years of speculation that a standalone sports network could help offset the company’s declining cable…
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Apple Expands App Privacy Disclosures as EU Pressure Builds
Apple is tightening its grip on how user data is handled across its ecosystem in Europe, rolling out a sweeping set of enhanced app privacy disclosures as regulatory pressure from…
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Fed Holds Rates Steady as Cut Claim Collides With Latest Facts
The Federal Reserve has not delivered a new rate cut this week, despite the claim in the source item, and the latest confirmed policy setting remains the central bank’s decision…
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Seagate Surges 12% as AI Data Center Demand Drives Blowout Quarter
Seagate Technology delivered one of the strongest earnings surprises of the season Tuesday, with shares surging more than 12% after the company reported a blowout quarter fueled by accelerating demand…
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Coca-Cola Jumps 6% as New CEO Delivers Strong Earnings Beat
Coca-Cola shares surged roughly 6% Tuesday after the beverage giant delivered a strong first-quarter earnings report, marking an early win for new Chief Executive Officer Henrique Braun and reinforcing the…
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Trump claims Iran in ‘state of collapse’ as Iran expected to submit revised proposal to mediators
US President Donald Trump claimed that Iran has informed him that they are in a “state of collapse” as they figure out their leadership situation, in a post on Truth…
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Disneyland Adds Optional Facial-Recognition Entry Lanes
Disneyland has begun using facial-recognition technology at the main entrances of its two Anaheim parks, adding a new layer of automation to guest entry as the company tries to speed…
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Trump unhappy Iranian proposal does not address nuclear program, US official says
A US official said on Monday that President Donald Trump is unhappy with an Iranian proposal because it did not address Iran’s nuclear program. “He doesn’t love the proposal,” the…
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Turkey offering to broker agreement between US, Lebanon on Hezbollah, sources tell ‘Post’
Turkey has approached the United States and Lebanon with a proposal to help broker an arrangement involving Hezbollah, according to two sources familiar with the matter who spoke to The…
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Canadian Jewish schools hit with CRA complaint over alleged support for Israeli military
A group of pro-Palestinian organizations has filed a complaint with the Canada Revenue Agency (CRA) accusing 11 Jewish schools of “promoting the Israeli military and potentially aiding and abetting illegal…
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DOJ Challenges Meta VR RiftTech Deal in New Antitrust Fight
The U.S. Department of Justice has moved to block Meta Platforms from buying virtual-reality company RiftTech, opening a fresh antitrust battle over who gets to shape the next generation of…
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Popular protests may be inevitable, warns Iran’s Supreme National Security Council – Iran Intl
Iran’s Supreme National Security Council held a meeting following a report from intelligence agencies with concerns over popular protests returning to the streets, Iran International reported early Tuesday morning, citing…
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King Charles Uses Congress Speech to Steady U.S.-U.K. Ties
King Charles III used a rare address to a joint meeting of the U.S. Congress to argue that the U.S.-U.K. alliance remains central to security, trade and democratic stability at…
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LARRY KUDLOW: Unconditional Dictation
My first thought is that I just don’t believe President Trump will accept any of these Iranian offers that might open up the Strait of Hormuz, but not end Tehran’s…
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Canada Launches First Sovereign Wealth Fund to Build Major Projects
Prime Minister Mark Carney announced on Tuesday the creation of Canada’s first sovereign wealth fund, the Canada Strong Fund, designed to finance major national infrastructure and resource projects. The Canada…
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Ghirardelli recalls drink mixes over potential salmonella contamination
Ghirardelli Chocolate Co. is recalling 13 beverage mixes because they may be contaminated with salmonella, the company said. The voluntary action follows a separate California Dairies Inc. milk powder recall…
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Californians who move away are typically saving hundreds a month on housing costs
Many California residents who move out of the state are finding substantial savings on housing costs and an easier pathway to homeownership as affordability concerns weigh. A recent analysis by…
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Mark Cuban Targets Health Insurers, Unveils Consumer-Driven Alternative to Cut Costs
Mark Cuban is intensifying his campaign against the structure of the American healthcare system, arguing that the industry’s profit model is fundamentally misaligned with patient care while advancing a consumer-focused…
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Stocks Mixed at Closing Bell as AI Doubts Weigh on Tech
Wall Street closed mixed Tuesday as concerns over OpenAI’s growth targets pressured technology shares while rising oil prices lifted energy stocks. The S&P 500 finished the day down 0.45 percent.…
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Gas Prices Hit Four-Year High as Iran Peace Talks Stall and Hormuz Remains Closed
American drivers are feeling the full weight of the U.S.-Iran war at the gas pump. Pump prices surged to their highest level in nearly four years on Tuesday, as faltering…
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Fed expected to hold rates as Powell era nears end with Warsh on deck
The Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome Powell will host what may be his final news conference as the leader of the…
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OpenAI Stumbles on Revenue and Users as IPO Clock Ticks and AI Stocks Plunge
OpenAI, the company that ignited the generative AI revolution with the 2022 launch of ChatGPT, is facing its most consequential internal reckoning yet. A bombshell report from The Wall Street…
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Elon Musk attorney claims OpenAI, Sam Altman ‘stole a charity’ as high-stakes legal fight begins
Tech billionaire Elon Musk‘s legal battle against OpenAI kicked off with a bang on Tuesday, with his attorney alleging CEO Sam Altman “stole a charity” to build a massive, profit-driven…
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Ken Griffin slams Mamdani for singling him out as a ‘profound lack of judgment,’ ripping socialist bent
Citadel CEO Ken Griffin called New York City Mayor Zohran Mamdani’s viral video—which singled out Griffin and his Manhattan penthouse while announcing a new tax—a “personal attack” and a “profound…
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Massie says Musk never donated to his re-election campaign despite prior pledge
Billionaire business tycoon Elon Musk indicated last year that he would donate to support Rep. Thomas Massie’s, R-Ky., re-election bid — but Massie told Fox News Digital on Tuesday that,…
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Christian and Jewish Groups Unite to Defend Judson University’s Right to Host Milorad Dodik at World Leaders Forum Against Coordinated Cancellation Campaign
JBizNews April 28– Christian and Jewish organizations are forming a growing coalition to defend Judson University’s right to host former Republika Srpska President Milorad Dodik as the featured speaker at…
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Subway rolls out nationwide value menu with 15 items under $5
Subway is rolling out a new value menu featuring 15 items priced under $5 at participating locations across the United States, according to the company. The offering includes several 6-inch…
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O’Leary slams NYC tax plan as ‘sheer blind stupidity,’ defends wealthy investors
A renewed push to raise taxes on wealthy individuals and corporations in New York City is drawing criticism from business leaders as policymakers weigh how to balance budgets without driving…
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Australia Moves to Force Tech Platforms to Fund News
Australia is preparing a new levy on major digital platforms in a fresh attempt to make companies such as Google and Meta pay for journalism, sharpening a global fight over…
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