Dec 03 What experts want you to know about the Trump accounts and a new massive donation By Hannah Grabenstein Experts say the massive donation is a boon to children, but concerns remain with the structure of the accounts. Continue reading
Dec 03 Costco becomes biggest company demanding refunds on Trump tariffs By Paul Wiseman, Associated Press Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes. Continue reading
Dec 03 What’s next for U.S. retailers after the Thanksgiving shopping weekend By Anne D'Innocenzio, Associated Press The nation’s shoppers may feel gloomy about the economy, but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday. Continue reading
Dec 02 Starbucks to pay $35M to NYC workers in settlement as ongoing strike draws Mamdani and Sanders to picket line By Jennifer Peltz, Associated Press Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday. Continue reading
Dec 02 Minimalist Prada buys maximalist Milan rival Versace for $1.4 billion By Colleen Barry, Associated Press The highly anticipated deal is expected to relaunch Versace’s fortunes, after middling post-pandemic performance as part of the U.S. luxury group Capri Holdings. Continue reading
Dec 02 WATCH: Trump says the word ‘affordability’ is a ‘con job’ by the Democrats By Steff Staples President Trump suggested that the rising cost of living in the United States is a "fake narrative" that is being pushed by Democrats. Continue reading
Dec 02 Global economy projected to grow 3.2% this year, more than expected despite U.S. trade war By Paul Wiseman, Associated Press The OECD also raised its forecast for U.S. growth this year – to 2%, up from the 1.6% it had forecast in June. Continue reading
Dec 02 WATCH: Dell family pledges more than $6 billion for U.S. children to build on ‘Trump accounts’ By Thalia Beaty, Associated Press Billionaires Michael and Susan Dell pledged $6.25 billion Tuesday to provide 25 million American children 10 and under an incentive to claim the new investment accounts for children created as part of President Donald Trump’s tax and spending legislation. Continue reading
Dec 01 Bitcoin dips below $85,000 briefly in crypto rout By Associated Press Companies that enable investors to buy and sell cryptocurrencies, as well as the growing number of companies who have made investing in bitcoin their main business focus, were hammered in Monday's sell-off. Continue reading
Dec 01 The economy is giving mixed signals. Here’s what experts say they mean By Hannah Grabenstein If you’re confused about the economy right now, you’re in good company. Continue reading