Global banking giant HSBC Holdings Plc is considering significant job reductions thanks to artificial intelligence, a…
Category: Finance
The ‘poison pill’ and digital secrets flipping the Sunshine State’s condo power dynamic
A court ruling creates a "poison pill" for Florida condo developers while minority owners gain new…
Iran war unlikely to trigger global supply chain crisis, Goldman Sachs says
Goldman Sachs analysis finds the Iran war will boost oil prices, increase inflation and reduce global…
Kohl’s CEO signals what’s next for stores after several closures
Kohl's CEO signals no additional store closures planned this year after shuttering 27 locations last year,…
90,000 bottles of children’s ibuprofen recalled nationwide, FDA says
The FDA has recalled nearly 90,000 bottles of children's ibuprofen after complaints of a gel-like mass…
Iranian strikes cut 17% of Qatar LNG output, threatening global supply
Iranian strikes on Qatar’s Ras Laffan facilities have halted major LNG production, causing force majeure declarations…
Bessent rules out government intervention in oil futures market during Iran war
Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical…
Builders’ blueprint to tackle the US housing crisis
The U.S. housing market remains tight as the median sales price for existing homes hovers near…
Will the Federal Reserve cut interest rates in 2026?
Federal Reserve decision pushes expectations for rate cuts in 2026 lower, as uncertainty over the impact…
US national debt breaches $39 trillion milestone for first time amid spending surge
U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as…
Costco sued by customer seeking refunds for tariff payments
Costco is facing a proposed class action lawsuit from a customer seeking tariff refunds for higher…
Miami overtakes Los Angeles and New York as world’s riskiest housing market for bubble risk
Miami tops the global housing bubble risk rankings, surpassing LA and NYC with a dangerous 1.73…
The US housing markets that are seeing the largest drops in rent prices
Rental market shows continued cooling as asking rents fall for 30th straight month, with all 50…
GM recalls 17K vehicles over rear toe link fracture that could lead to crashes
General Motors recalled more than 17,000 Buick Regal vehicles due to a rear toe link fracture…
Honda cancels 3 planned EV models for US
Honda shifts U.S. strategy from electric vehicles to hybrids as consumer demand weakens, canceling three planned…
Cruise lines face fuel cost surge as oil prices jump on Iran tensions
Cruise lines face rising fuel costs as oil prices surge 35% during the Iran conflict, threatening…
‘Empty refrigerators and eviction notices’: TSA union leaders demand end to DHS shutdown
TSA workers in Atlanta face a mounting financial crisis as the Department of Homeland Security shutdown…
US flight cancellations, ground delays surge as massive March storm disrupts travel
A massive storm sweeping the U.S. forced thousands of flight cancellations, disrupting major airline hubs during…
Trump admin invokes Defense Production Act, directs oil company to restart California operations
The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a…
Cargo ship struck in Strait of Hormuz amid Iran war
The United Kingdom Maritime Trade Operations Centre noted a report regarding a cargo ship being struck…
Austin airport gridlock: Security lines stretch outdoors as DHS shutdown hits one-month mark
DHS shutdown triggers chaos at Austin-Bergstrom. Unpaid TSA staff and massive Spring Break crowds lead to…
US economic growth revised lower in fourth quarter
The U.S. economy grew at a rate of 0.7% in the fourth quarter of 2025, according…