Nation May 29 CEO pay jumped nearly 10% in 2024 as profits and stock prices soared The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
Politics Apr 12 Trump administration says some electronics will be excluded from reciprocal tariffs U.S. Customs and Border Protection said items like smartphones, laptops, hard drives, flat-panel monitors and some chips would qualify for the exemption. That means they won’t be subject to the current 145 percent tariffs levied on China or the 10 percent baseline tariffs…
Politics Mar 21 SBA to cut about 2,700 jobs while Trump announces it will take over handling of student loans The Small Business Administration said it will cut its workforce by 43 percent, or about 2,700 jobs, as part of a reorganization. Separately on Friday, Trump announced student loans would be handled by the SBA as part of a plan to shift Education…
Politics Mar 17 Tariffs on lumber, appliances set stage for higher costs on new homes and remodeling projects The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential…
Nation Mar 12 Egg prices continue to hit records as Easter and Passover approach Egg prices again reached a record high in February, as the bird flu continues to run rampant and Easter and Passover approach.
Politics Feb 28 How Trump's planned 'gold card' visa would work The program would replace an existing program that offers U.S. visas to investors who spend about $1 million on a company that employs at least 10 people, echoing similar “golden visa ” programs in countries such as Canada, New Zealand,…
Nation Oct 15 The basics of navigating the insurance claims process after a destructive hurricane Immediately after disasters like these, property insurance is likely not top of mind as people secure their safety and basic needs, but insurance claims are part of the process of resetting.
Economy Oct 08 Disaster loan program for small businesses could run out of funds in weeks if Congress doesn't act President Joe Biden said in a letter to Congress Friday that aid could run out “in a matter of weeks ” if more federal funding is not approved. And now another hurricane, Milton, is bearing down on Florida,…
Economy Oct 03 7 things to know about the U.S. dockworkers strike and its effect on the economy With the strike being suspended, consumers probably won’t notice any significant shortages or price hikes. Had the stoppage persisted for more than a month, it would have been a different story, depending on what you were shopping for.
Nation Sep 24 WATCH: Garland announces antitrust lawsuit against Visa over debit card competition The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market.