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Economy
Fed Governor Michelle Bowman still sees three interest rate cuts in 2025
Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still…
Nissan, Honda announce plans to consider merger
Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint…
Small businesses seeing revenues rise, but tariff threats loom: BofA
A new analysis by the Bank of America Institute finds that small businesses appear to be…
Consumer confidence slumped with biggest monthly drop in nearly 4 years
U.S. consumer confidence plunged sharply in February by more than expected, according to a report released…
The Market in former X headquarters closing this week
San Francisco is losing a high-end grocery store operating on the first-floor of the former…
America’s wealthiest households driving nearly half of consumer spending
America's wealthiest households are accounting for a growing share of consumer spending as market-driven gains in…
DOGE claims $65B in estimated savings as ‘Agency Efficiency Leaderboard’ is launched
The Department of Government Efficiency, or DOGE, launched an "Agency Efficiency Leaderboard" early Tuesday morning,…
DoorDash to pay New York delivery workers $16.75M for subsidizing wages with tips
DoorDash will pay nearly $17 million in a settlement after the food delivery platform used…
US consumer sentiment plunges on worries over prices from inflation and tariffs
U.S. consumer sentiment declined more than expected in February to the lowest level in more…
Border Patrol sees uptick in attempted egg smuggling
The skyrocketing cost of eggs has prompted an uptick in attempts to smuggle them across…
Why banks are flying gold bars on commercial flights from London to NYC
President Donald Trump's tariff plans have prompted some of the largest banks in the U.S.…
Fed officials flag rising inflation risks over Trump policies, tariffs
A trio of Federal Reserve officials said Thursday that while they still think inflation will…
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