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Economy
Pharma giant AstraZeneca announces $50B US investment
British biopharmaceutical giant AstraZeneca plans to invest $50 billion in the U.S. by 2030, the…
Samsung weighs relocating dryer production to US in response to Trump tariffs
South Korea's Samsung Electronics and at least one other appliance maker are considering moving some…
A Trump official said Lisa Cook engaged in mortgage fraud over two properties
Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump…
India faces 25% Trump tariffs over Russian oil purchases, duties hit 50%
The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some…
General Motors recalls 23,000 Corvettes over fuel spill fire safety concerns
General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak…
Southwest changes refund policy for customers of size starting in January
Southwest Airlines is adding rules when it comes to "customers of size." Starting January 27,…
Blue Bell recalls ice cream half gallons for undeclared nuts allergy risk
Blue Bell Ice Cream has voluntarily recalled some of its half-gallon cartons due to undeclared…
European, Asian postal services halt US shipments as Trump ends tariff exemption
Postal services in Europe and around the world plan to halt shipping merchandise to the…
President Trump threatens to fire Fed governor if she doesn’t resign
President Donald Trump on Friday threatened to fire a member of the Federal Reserve's board…
Canada plans to lift tariffs on some US goods to resume trade talks: report
Canada announced on Friday that it will remove many of the retaliatory tariffs imposed on…
Powell says economic risks shifting in Jackson Hole speech as Fed eyes rate cuts
Federal Reserve ChairĀ Jerome Powell on Friday said that the "balance of risks appears to be…
Consumer spending on live sporting events up 25% from pre-pandemic levels
A new analysis from theĀ Bank of America Institute found that consumer spending on live sporting…
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