Jan 02 Early gains fade as Wall Street wobbles into 2026 By Damian J. Troise, Associated Press Stocks wavered on Wall Street Friday to kick off the new year as early gains led by technology stocks failed to hold up. Continue reading
Jan 02 Tesla loses title as world's biggest electric vehicle maker after sales fall for second year in a row By Associated Press Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down for a second year in a row. Continue reading
Jan 01 Watch 4:51 Why it's getting harder to find a new car under $25,000 By Cecilia Lallmann If you're looking to buy a new car in the new year, you might notice the prices seem to be higher than in the past. Most notably, there are fewer budget cars on the market. Digital producer Cecilia Lallmann explains… Continue watching
Dec 31 Average U.S. long-term mortgage rate falls to the lowest level of the year at 6.15% By Matt Ott, Associated Press The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. Continue reading
Dec 31 These Trump tariff threats never materialized in 2025 By Wyatte Grantham-Philips, Associated Press President Donald Trump made a lot of tariff threats and trade promises this year. Many materialized into a barrage of new import taxes that overturned decades of U.S. economic policy — but others have yet to be fulfilled as 2025… Continue reading
Dec 31 U.S. applications for unemployment benefits fell below 200,000 last week with layoffs historically low By Matt Ott, Associated Press Unemployment benefit filings are often distorted during holiday-shortened weeks since the shorter week can cause some who have lost jobs to delay filing claims. Continue reading
Dec 30 Inside Red Lobster's comeback By Geoff Bennett Red Lobster CEO Damola Adamolekun first came to the U.S. as a child after growing up in Nigeria, Zimbabwe and the Netherlands. After stints in finance, he found himself leading restaurant chain P.F Chang’s and last year was appointed CEO… Continue reading
Dec 24 U.S. unemployment claims dropped again last week, remaining at a historically healthy level By Matt Ott, Associated Press U.S. applications for jobless claims for the week ending Dec. 20 fell by 10,000 to 214,000 from the previous week's 224,000, the Labor Department reported Wednesday. Continue reading
Dec 23 Watch 8:32 How 'Trump accounts' for children work, and who will benefit most By Paul Solman, Ryan Connelly Holmes You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost from a philanthropic donation that's among the largest ever delivered directly to Americans. The accounts are expected to open… Continue watching
Dec 23 Trump administration says it will begin garnishing wages of student loan borrowers in default By Annie Ma, Associated Press Millions of borrowers are considered in default, meaning they are 270 days past due on their payments. Continue reading