Wednesday, August 19, 2026
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Business

Business news, markets, and economy

ABC and Disney sue FCC, alleging First Amendment violations
Business

ABC and Disney sue FCC, alleging First Amendment violations

The ABC Network has sued the Federal Communications Commission, alleging that the Trump administration is violating its First Amendment rights by challenging AB...

'Profits won.' The child safety trial against Meta kicks off in federal court
Business

'Profits won.' The child safety trial against Meta kicks off in federal court

Opening arguments are underway in a trial that pits four states against the company that owns Facebook and Instagram. They allege that Meta knew its products co...

Car problems? No childcare? How an app is helping people get to work
Business

Car problems? No childcare? How an app is helping people get to work

Unexpected absences can cost employers tens of thousands of dollars a month. An app that helps workers with last-minute transportation, food and childcare is ma...

Living with nuns: Priced out of D.C., young women found low rent with unlikely roommates
Business

Living with nuns: Priced out of D.C., young women found low rent with unlikely roommates

For 10 years, a Catholic-run home offered young women an affordable place to live in the nation's capital as they studied and launched careers. Now, that commun...

Feds probe 'mention markets' amid White House Kalshi controversy
Business

Feds probe 'mention markets' amid White House Kalshi controversy

Betting on what people say is becoming an increasingly popular category of prediction market sites. Now, federal officials have opened a probe examining whether...

Trump sued over service selling faster access to Truth Social posts
Business

Trump sued over service selling faster access to Truth Social posts

The federal lawsuit alleges that the service from the president's media company violates the Constitution. Meanwhile, Trump Media executives say they have signe...

Inflation eases in July as gasoline and grocery prices fall
Business

Inflation eases in July as gasoline and grocery prices fall

Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need t...

Selling experiences, not things: Services overtake physical goods in downtown retail
Business

Selling experiences, not things: Services overtake physical goods in downtown retail

America's downtowns are changing. Storefronts that used to showcase clothes or gifts are giving way to gyms and salons. Last year marked the first time that mor...

Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market
Business

Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Lab...

Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
Business

Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'

Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they provide va...

Amid cost of living stress, many parents are supporting children well into adulthood
Business

Amid cost of living stress, many parents are supporting children well into adulthood

Polls show most Americans think young adults today have it harder financially than past generations. A majority of parents help their grown children with expens...

This lawyer believes in second chances. Now AI is providing a boost
Business

This lawyer believes in second chances. Now AI is providing a boost

Tens of millions of Americans have criminal records that can be barriers to employment. An AI-powered app is helping those eligible to expunge their records at...

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