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Economy
Buffett criticizes Trump’s tariffs, says US shouldn’t use ‘trade as a weapon’
Legendary investor Warren Buffett railed against President Donald Trump’s tariffs on Saturday and the tumultuous way in…
Six Flags America in Maryland is closing — here is the final day for rides
The Six Flags theme park with the oldest roller coaster across all its properties is…
Wage stagnation forces fast-food workers into ‘unsustainable’ economic trap
Fast-food employees are continuing to afford necessities as prices remain elevated. To afford fast-food meals…
Mortgage rates rise to 6.86%: Freddie Mac
Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday.…
Federal Reserve governor warns markets demand higher rates on US Treasury debt
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted to projected deficits…
Walmart to cut about 1,500 jobs from corporate workforce
Walmart – the nation's largest private employer – is cutting more than 1,000 corporate jobs…
Homebuyers expect recession in next year, many see it as opportunity to purchase
A new survey finds that American homebuyers are anticipating that a recession will occur by early…
Klarna losses double as Buy Now Pay Later defaults reach 17% amid inflation
Klarna, a significant player in the buy now, pay later (BNPL) space, has faced losses…
Goldman Sachs says larger tax cut won’t offset tariff drag on economic growth
A new report by Goldman Sachs finds that while House Republicans' tax cut package that's moving…
JPMorgan’s Jamie Dimon criticizes mortgage lending rules at firm’s investor day
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that…
DOJ abandons lawsuit against Southwest Airlines for allegedly chronic flight delays
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays.…
What does it mean that Moody’s downgraded the United States credit rating?
Moody's Ratings on Friday announced a downgrade of the U.S. government's credit rating, moving it…
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