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Economy
AutoZone plans continued store expansion despite rising cost pressures
Auto parts retailer AutoZone is planning to continue to expand its portfolio of brick and…
December CPI inflation to be impacted by lack of data from government shutdown
The Labor Department is set to release the December consumer price index (CPI) on Tuesday,…
Bill Ackman slams California wealth tax plan, says it will drive jobs, money out
Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential…
Bank of America finds spending gap between income groups widens in US
The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little…
Federal judge rules Trump administration must secure CFPB funding
A federal judge ruled Tuesday that the Trump administration is legally required to secure funding…
Mortgage rates hit 2025 low offering relief for homebuyers seeking loans
Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the…
Bessent says 4 contenders for Fed Powell’s job
Ahead of the New Year's holiday, President Donald Trump said he will make a decision…
Fed rate cut divides policymakers at December meeting amid uncertainty
Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their…
IRS increases business mileage tax deduction rate by 2.5 cents for 2026
People who use their cars for work will be able to deduct more money per…
Trump attacks Powell as ‘fool,’ accuses Fed chair of gross incompetence
President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing…
Minimum wage rises in 19 states starting New Year’s Day 2026
American workers at the bottom end of the pay scale are set to see the minimum…
Florida man sues Outback Steakhouse after toilet collapsed beneath him
A Florida man filed a lawsuit against Outback Steakhouse alleging that he was on a…
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