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Economy
As 2025 kicks in, so are layoffs: these are some companies cutting jobs
This year only has just over two-and-a-half months in the books so far, but multiple…
Trump tariffs to increase unemployment, but mass layoffs unlikely
President Donald Trump's tariffs are expected to cause the unemployment rate to rise over the course…
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…
Student loan borrowers in default are now facing debt collections
Millions of student loan borrowers in default will start receiving notices on Monday that they…
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