The Trump administration is looking to extend the useful life of coal-fired power plants to boost…
Tag: Economy
Sydney Sweeney rings stock exchange opening bell alongside American Eagle CEO
Sydney Sweeney joined American Eagle executives including CEO Jay Schottenstein to ring the opening bell at…
Americans flee mortgage market despite lower rates as lenders tighten grip on credit nationwide
The housing market faces dual pressure as fewer Americans apply for mortgages while lenders reduce loan…
Jamie Dimon warns of pre-financial crisis parallels, says some people doing ‘dumb things’
JPMorgan CEO Jamie Dimon warned that current market conditions mirror 2008 financial crisis buildup, citing high…
Lamborghini scraps first EV launch, calls development ‘expensive hobby’
Lamborghini canceled plans for an upcoming electric vehicle launch due to a lack of consumer demand…
Public Storage relocates headquarters from California to Texas
Public Storage will relocate its headquarters to Texas alongside a CEO change and a broader plan…
Florida lawmakers fast-track property tax elimination plan for primary homeowners across the state
Florida homeowners could see property tax bills cut in half by 2027 under new legislation, and…
Consumer confidence rebounds in February as Americans grow less pessimistic about jobs
February consumer confidence improved but stayed below 2024 peaks as households continue weighing job market prospects…
Federal judge rules on whether Buffalo Wild Wings can keep ‘boneless wings’ on menu
Federal judge dismisses Buffalo Wild Wings "boneless wings" lawsuit with pun-filled ruling, saying no reasonable consumer…
CarMax to pay $420K to resolve DOJ allegations over servicemember vehicle repossessions
CarMax allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a…
FedEx sues Trump administration for full tariff refunds after Supreme Court ruling on IEEPA
FedEx sues U.S. government for tariff refunds after Supreme Court ruled Trump's emergency trade duties on…
Trump Organization signs deal for billion-dollar skyscraper on Australia’s Gold Coast
The Trump Organization announced a $1 billion project in Australia last week, building a 91-floor luxury…
Tesla dodges California license suspension after dropping misleading ‘autopilot’ marketing terms
Tesla avoids California license suspension after stopping "autopilot" use in marketing following state DMV order over…
Fox Corporation reports strong quarter, boosted by advertising and cable growth
Fox Corporation beats earnings estimates with $5.18 billion revenue, up 2% year over year as cable…
Goldman Sachs to drop DEI board standards as Trump’s anti-woke campaign spreads across corporate America
Goldman Sachs reportedly plans to drop DEI language from board criteria after conservative pressure, marking another…
California gas prices surge 40 cents in just 2 weeks as impact of refinery closures weighs
Refinery closures including Valero's Benicia facility leave California with six operating refineries, driving gas prices to…
Gold and silver prices turn volatile – what to know before selling jewelry
Gold and silver prices have surged in the last year and despite significant volatility in the…
How should businesses approach tariff refunds?
Trade experts note that businesses seeking tariff refunds may need to appeal to CBP or the…
Deadliest jobs in America revealed
The United States Bureau of Labor Statistics reported that there were more than 5,000 deadly work…
Fed’s favored inflation gauge showed consumer price growth remained elevated in December
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation…
Johnson & Johnson to invest $1B in Pennsylvania manufacturing facility
Johnson & Johnson announced a $1 billion investment in a Montgomery County, Pennsylvania, cell therapy facility…
US businesses shift away from China under Trump tariffs
China's trade with U.S. midsize businesses plummeted 20% as Trump tariffs hit 37.4%, forcing companies to…