Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakensMay 30, 2025
DoorDash to purchase UK rival Deliveroo for $3.9B Economy May 21, 2025 DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies announced on Tuesday after resuming negotiations last month. Deliveroo…
2025 tax season: What do returns look like so far this year? Economy May 20, 2025 New data from the Internal Revenue Service (IRS) shows the size of the average tax refund received by taxpayers is up…
Barbie maker Mattel raises prices amid Trump tariff fight Economy May 19, 2025 Barbie maker Mattel announced it is raising prices on some of its toys and “further reducing reliance on China-sourced products”…
Rite Aid files for bankruptcy for second time in less than 2 years Economy May 18, 2025 Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced…
US furniture makers navigate a shifting global market Economy May 17, 2025 Trade tensions are hitting home for American furniture manufacturers. Many companies still rely heavily on overseas partners – especially in…
US trade deficit hits record high in March Economy May 16, 2025 The U.S. trade deficit grew to a record high in March after businesses stepped up their imports of goods in an…
With the economic tumult, a serious concern has emerged: stagflation Economy May 15, 2025 Economic uncertainty brought on by President Donald Trump’s tariffs on U.S. trading partners is raising concerns that the economy could face…
4 reasons for the Newark airport meltdown Economy May 14, 2025 Newark Liberty International Airport (EWR) remains quiet on social media about the issues causing major delays, resulting in passengers and…
Federal Reserve holds key interest rate steady amid economic uncertainty Economy May 13, 2025 The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor…
Treasury's Bessent says US should be 'premier destination' for digital assets Economy May 12, 2025 Treasury Secretary Scott Bessent on Wednesday offered insights into how the Trump administration plans to approach the regulation of the digital…