A framework deal is in place for the sale of TikTok, with the U.S. guaranteeing certain "Chinese characteristics" of the app can remain, Treasury Secretary Scott Bessent told multiple news outlets on Monday.
Why it matters: Congress banned TikTok last year in a rare show of bipartisanship over fears of Chinese influence over American kids.
After nine months of standing pat, the Federal Reserve is set to offer some interest rate relief on Wednesday. The open question is what hints are on offer about what comes next.
The big picture: Rapidly deteriorating job growth has solidified support for a quarter-point interest rate adjustment among Fed officials.
After the 2008 financial crisis, decisionmakers in the public, private and nonprofit sectors lacked the critical economic information they needed to navigate challenges and opportunities.
That's whyJPMorganChase created the JPMorganChase Institute.
Why it's important: Over the past 10 years, the JPMorganChase Institute has provided timely, actionable, data-driven research and insights to help leaders make better, evidence-based decisions.
AI's backers are touting lofty visions for how the technology can change our lives for the better — claiming it will cure cancer, solve climate change and make us all rich.
Why it matters: The hype sounds outlandish, but it will need to deliver.
Stocks keep hitting record highs in large part due to excitement over artificial intelligence. That growth is clouding recessionary signals in more cyclical corners of the market.
Why it matters: Don't confuse record highs for signs of economic growth.
Best Buy is making televisions the star of its holiday lineup — and not just any TVs, but units so big they could double as a wall.
Why it matters: The Minneapolis-based retailer is betting that shoppers will splurge on massive screens, even as high inflation and cautious spending shape this holiday season.
President Trump on Sunday said the U.S. welcomes foreign experts to train Americans how to build high-tech goods, days after hundreds of arrested South Korean workers left the country.
Why it matters: The tension between the administration's economic and immigration policies appears to be working itself out in favor of the economic goals.
People with mental health conditions are twice as likely to report difficulties getting needed medical care as those without, according to a new survey of U.S. adults with workplace coverage shared first with Axios.
Why it matters: The findings from the Employee Benefit Research Institute provide more evidence that having health insurance doesn't automatically translate to having access, especially for people with mental health needs.
AI use is spreading unevenly, with wealthier countries, people with more skills and certain U.S. states more likely to benefit, according to new usage data from Anthropic.
Why it matters: The data shows workers adopting AIfaster than past tech advances, but uneven adoption threatens to worsen existing inequalities.
President Trump indicated Sunday he could again extend this week's deadline for TikTok to be sold or banned.
What he's saying: "I may or may not, we're negotiating TikTok right now," Trump said when asked by a reporter in Morristown, New Jersey, if he'd extend the deadline beyond Wednesday.
