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Economy
Honda issues recall affecting over 400,000 Civics over risk of wheels coming off
More than 400,000 Honda Civics were recalled after the automaker discovered that a manufacturing issue…
Fed’s Beige Book: Tariff-induced price hikes, trade worries spotlighted
A new report from the Federal Reserve showed that U.S. businesses are reporting increased costs due…
Mortgage rates fall for first time in over a month
Mortgage rates finally broke a six-week streak of increases, but the decline will not provide…
Starbucks corporate layoffs looming in March: CEO
The global coffeehouse chain Starbucks will be cutting corporate jobs as its CEO Brian Niccol…
Jamie Dimon talks tariffs: ‘Get over it’
JPMorgan Chase CEO Jamie Dimon said in a new interview that a small increase in inflation…
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…
Costco Teamsters vote to authorize strike
Eighteen thousand Costco Teamsters are preparing to strike if a "fair contract offer" is not…
Trump talked to Apple CEO Tim Cook, investment coming
President-elect Donald Trump on the eve of his inauguration, said he spoke with Apple CEO…
LA wildfires drive surge in rental housing prices, prompting price gouging concerns
The devastating wildfires that have hit the Los Angeles area in recent weeks have further constrained an…
Chamber of Commerce CEO touts small business: ‘state of American business is local’
U.S. Chamber of Commerce President and CEO Suzanne P. Clark delivered a speech Thursday on…
Mortgage rates rise above 7% for first time since May
Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure…
Trump plans ‘External Revenue Service’ for tariffs paid by US importers
President-elect Trump on Tuesday announced plans to create a new "External Revenue Service" that would…
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