Business Update

The man, a former software developer for Eaton Corporation, wrote malicious code that crashed servers on the company’s network in 2019, prosecutors said. Source link

The longtime news anchor recently began working for a financial firm connected to CBS’s new parent company and has spoken with the network’s owner, David Ellison, several times. Source link

SiriusXM, the company famous for car radio, has recently climbed the podcast charts by betting hundreds of millions of dollars on shows like “Call Her Daddy” and “SmartLess.” Source link

Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields. Source link

Among other changes, the airline will soon require travelers who “encroach upon the neighboring seat” to purchase an additional ticket, which might not be refunded. Source link

Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign. Source link

Tiny stuffed animals that use magnets to stay perched on your shoulder have become a must-have accessory for some theme park superfans. Source link

The Supreme Court has indicated that there are distinctive reasons to shield the Federal Reserve from political interference. Source link

President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a Fed governor is limited. Source link

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September. Source link