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Economy
California Gov. Newsom’s proposed EV rebates may exclude Musk’s Tesla
California Gov. Gavin Newsom may exclude Tesla and other automakers from an electric vehicle (EV)…
Tex-Mex chain On the Border files for Chapter 11 bankruptcy protection
On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it…
US to impose 25% tariffs on Japan, South Korea on Aug. 1
President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported…
Fed officials urge patience on rate decisions amid tariff uncertainty
Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to…
Fireworks business booms this July 4th as trade talks could fizzle supply
NASHVILLE, Tenn. – The fireworks industry is expecting to get by this Fourth of July…
Ray Dalio warns of economic pain after Congress passes Trump spending bill
Congress officially passed President Donald Trump’s "big, beautiful bill," and billionaire Ray Dalio is warning…
US targets Iranian oil smuggling network, ‘shadow fleet’ with sanctions
The U.S. targeted Iran’s "shadow fleet" and an Iraq-Iran oil smuggling network with sanctions Friday…
Mortgage rates fall to 6.67%: Freddie Mac
Mortgage rates fell for the fifth consecutive week to the lowest level since mid-April, mortgage…
June jobs report: Job growth picked up despite economic uncertainty
The U.S. economy added jobs in June at a faster pace than in recent months,…
Tariffs weighing on consumers’ e-commerce purchases, study finds
A new report suggests that the Trump administration's tariff policies are weighing on e-commerce as consumers…
Canned-food giant Del Monte Foods enters Chapter 11 bankruptcy proceedings
Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a…
Waffle House ends 50-cent egg surcharge as prices come down
Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular…
