Economy

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Small Business Administration to cut about 2,700 jobs as part of restructuring

The Small Business Administration announced it will cut about 2,700 jobs, which make up about…

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Consumers may face higher beef prices from businesses

High beef prices have been weighing on U.S. businesses and consumers. They have forced some…

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Elon Musk tells Tesla workers it ‘feels like Armageddon’ during all-hands meeting

Tesla CEO Elon Musk urged his company’s staff to "hang onto your stock" during an…

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Trump presses Fed’s Jerome Powell to cut interest rates

The Federal Reserve left interest rates unchanged at its March meeting, shortly after President Trump…

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EU retaliatory tariffs against US delayed to mid-April

The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until…

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Social Security Administration to require more in-person visits

Those who cannot use an online identity-proving tool will soon need to visit a local…

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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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