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Economy
Avelo Airlines closing West Coast base at Hollywood Burbank Airport
Avelo Airlines, a budget carrier based in Texas, on Monday said it will shut down…
Bessent says markets pricing in Fed rate cuts before year-end
Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of…
There are 4 reasons why Newark Airport has been experiencing issues
Newark Liberty International Airport (EWR) remains quiet on social media about the issues causing major…
Stagflation has emerged as a concern due to the current economic tumult
Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns…
US trade deficit hits record high in March amid surge of imports
The U.S. trade deficit grew to a record high in March after businesses stepped up their…
US furniture manufacturing faces pressure from global trade, tariff policies
Trade tensions are hitting home for American furniture manufacturers. While 52% of the U.S.' $1.9…
Barbie-maker Mattel is hiking prices amid Trump tariff fight
Barbie maker Mattel announced it is raising prices on some of its toys and "further…
Rite Aid keeping customers, employees at forefront during bankruptcy
Rite Aid has filed for bankruptcy for the second time in less than two years.…
What do tax returns look like so far in the 2025 filing season?
New data from the Internal Revenue Service (IRS) shows the size of the average tax refund…
DoorDash to purchase UK rival Deliveroo for $3.9 billion
DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies announced on Tuesday after…
Reopening Alcatraz: How much tourism revenue does the historic prison bring in?
President Donald Trump on Sunday announced that he's directing federal agencies to reopen the prison at…
Bertucci’s restaurant chain is down to 15 locations after latest bankruptcy
Italian restaurant chain Bertucci’s filed for Chapter 11 bankruptcy protection in late April for the…
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