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44% of Washington DC restaurant owners think they’ll close in 2025

Possible restaurant closures are looming over eateries in the nation’s capital.  Forty-four percent of full-service…

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Federal Reserve leaves interest rates unchanged

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged…

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How many rate cuts does the market expect this year?

Federal Reserve policymakers are meeting this week and are expected to announce a decision on…

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Retail sales rebound moderately in February

U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the…

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Distillers, brewers caught in the middle of trade war

The escalating trade war between the U.S. and its allies is affecting U.S. brewers and…

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Forever 21’s U.S. operating company filed for bankruptcy on Sunday

Forever 21's U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second…

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Why DOGE needs a chainsaw

The now iconic image of an elated Elon Musk wielding a chainsaw may be unsettling…

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Mortgage rates tick higher to 6.65%: Freddie Mac

Mortgage rates remained near a three-month low this week, mortgage buyer Freddie Mac said Thursday.…

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Trump says US is involved in ‘Stupid Trade,’ not ‘free trade’

President Donald Trump says the U.S. is involved in "Stupid Trade," not "Free Trade."  Trump…

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Time is running out for taxpayers to claim $1B in refunds from 2021

The Internal Revenue Service (IRS) announced this week that more than a million taxpayers are running…

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