US to take 10% equity stake in Intel, in Trump's latest corporate move

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share.

Pop Mart rolling out mini Labubus and a long-fur version of the popular plush toy

China's Pop Mart says it is rolling out a mini version of its popular Labubu plush toys this month, along with a new long-fur version of the toothy little monster.

US applications for jobless benefits rise last week, but layoffs remain historically low

More Americans filed for unemployment benefits last week, but layoffs remain in the same historically healthy range of the past few years.

Cracker Barrel unveils a new logo as part of wider rebrand efforts; shares fall

Cracker Barrel is marching forward with an ongoing makeover. And to the dismay of some fans, the chain's new logo now ditches the barrel itself.

Powell, citing jobs risk, opens door to cuts but doesn't commit

U.S. Federal Reserve Chair Jerome Powell on Friday pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to cutting interest rates in remarks that walked a narrow line acknowledging growing risks to the job market while also saying risks of higher inflation remain.

Wall Street closes down as investors brace for Powell's speech

Wall Street's main indexes fell on Thursday as investors feared potentially hawkish remarks by the Federal Reserve chair on Friday that could spark volatility.