Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess...
44% of restaurant owners in Washington, DC fear they may have to close in 2025
Possible restaurant closures are looming over eateries in the nation’s capital. Forty-four percent of full-service casual restaurants that operate in...
Social Security to require more in-person beneficiary visits to fight fraud
Those who cannot use an online identity-proving tool will soon need to visit a local Social Security office in person...
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EU delays imposing first round of retaliatory tariffs against US until mid-April
The European Union (EU) has delayed imposing its first retaliatory tariffs against...
Trump needles Federal Reserve after no rate cut
The Federal Reserve left interest rates unchanged at its March meeting, shortly...
Elon Musk reassures Tesla workers with all-hands meeting, admits it ‘feels like Armageddon’
Tesla CEO Elon Musk urged his company’s staff to "hang onto your stock" during an all-hands meeting in which he...
Businesses may have to pass high beef prices on to consumers
High beef prices have been weighing on U.S. businesses and consumers. They have forced some businesses to make tough decisions...
Small Business Administration to cut about 2,700 jobs as part of restructuring
The Small Business Administration announced it will cut about 2,700 jobs, which make up about 43% of its workforce, as...
Risks of buy now, pay later: ‘Ticket to overspending,’ expert says
Buy now, pay later payment solutions have surged in popularity in the current economy, with the industry projected to grow...
UK orders investigation after Heathrow airport shutdown
Britain's government and London's Heathrow Airport have ordered looks into the handling of a power outage that shuttered Europe's busiest...
Tariffs could play a significant role in an already shaky housing market
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate...
Stellantis says it’s aiming for more American manufacturing, thanks Trump for tariff exemption
Big Three automaker Stellantis is thanking the Trump administration for giving it a one-month exemption from the 25% tariffs on...
Trump says new tariffs will bring furniture making back to the US; experts are skeptical
President Donald Trump earlier this week promoted tariffs as a way to bring furniture-making manufacturing to North Carolina. The president...
Trump’s crypto czar decries government’s lack of bitcoin ‘long-term strategy’
White House artificial intelligence (AI) and crypto czar David Sacks claimed Thursday that the federal government’s lack of a "long-term...
Elon Musk polls X users on ending daylight saving time
Billionaire Elon Musk polled users of his social media platform X about how they want to approach ending daylight saving time...
Trump, Trudeau tariff call was heated and included profanity: report
A phone call between President Donald Trump and Canadian Prime Minister Justin Trudeau over the 25% tariffs imposed by the...
Treasury Secretary Bessent: ‘I’m not worried about inflation’ from tariffs
Treasury Secretary Scott Bessent on Thursday pushed back on concerns that have been raised about tariffs causing inflationary pressures that...
Popular Tex-Mex restaurant chain files for bankruptcy
On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it struggled to compete in the...
US job cuts surge 245% in February on federal government layoffs
Layoffs of U.S. workers surged in February to levels that haven't been recorded since the last two recessions amid the...
Daytona Beach Bike Week thrives despite some economic uncertainty
Daytona Beach, Florida, is in the midst of a bustling Daytona Bike Week despite economic uncertainty. Bike Week, described as...
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