First-time filings for unemployment benefits jumped last week, hitting the highest level in a month, the Labor Department reported Thursday. Initial claims for the week ended Sept. 18 on a seasonally adjusted basis totaled 351,000, an increase from the previous week’s upwardly revised 335,000 and well ahead of the 320,000Continue Reading


Former Theranos CEO Elizabeth Holmes believed in herself so much that she wrote in a text message to Ramesh “Sunny” Balwani proclaiming that she had “total confidence in myself best business person of the year.” The message to her then-boyfriend and Theranos President Balwani are among thousands of private textsContinue Reading


U.S. President Joe Biden speaks outside the White House with Sen. Kyrsten Sinema (D-AZ), Sen. Joe Manchin (D-WV), Sen. Mark Warner (D-VA). Kevin Dietsch | Getty Images WASHINGTON — After weeks of rising tensions among congressional Democrats, President Joe Biden stepped in Wednesday to personally attempt to resolve divisions thatContinue Reading


Chinese authorities have told local officials to prepare for a potential demise of heavily indebted property developer Evergrande, the Wall Street Journal reported on Thursday. Local officials described the signals from Chinese authorities as “getting ready for the possible storm” and said the government told them they should only stepContinue Reading