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Business news

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported...

Business news

Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court...

Business news

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers...

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The charm of watching movies in theaters is fading

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to...

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Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing...

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LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is...

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Convenience stores are eating fast-food chains’ breakfast

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in...

Business news

Trump administration ramps up pressure on Labor Department with data probe

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter...

Business news

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism...

Business news

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release...