San Francisco pet owners are set to lose access to one of the pet care industry’s biggest brands with the upcoming closure of the city’s lone PetSmart location. PetSmart’s store located in the City Center shopping center on Geary Blvd. is set to close on July 19, according to a…
Costco rolled out a new change to its payment system, allowing customers to use their phones to make checkout times faster. The warehouse club has expanded its digital wallet feature that now enables members to link any Visa card to the Costco app and use their phones during checkout.”Costco is…
The artificial intelligence (AI) boom is causing a fierce bidding war for some luxury homes in the San Francisco Bay Area, with dozens of homes selling more than $1 million above asking price last month. Mike Simonsen, chief economist at Compass International Holdings, noted in a post on X citing…
Federal Reserve policymakers are increasingly concerned about inflation, and the uncertainty about the direction it may take was reflected in the minutes of the Fed’s latest monetary policy meeting released on Wednesday. The central bank’s first monetary policy meeting under the leadership of Fed Chair Kevin Warsh occurred against the…
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Toyota is investing $3.6 billion to expand its San Antonio, Texas, assembly plant, a move expected to create about 2,000…
BMW is “here for the long game” in the U.S. as it completes a $1.7 billion South Carolina investment and…
Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe helped fuel hopes that…
The Treasury Department on Wednesday announced the lineup of investment funds that will be available in Trump Accounts for families…
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Some Social Security beneficiaries will receive two checks this July as a quirk in the calendar shifted the payment timeline for an adjacent month. The Social Security Administration (SSA) ordinarily disburses payments for Supplemental Security Income (SSI) on the first day of a given month.…
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Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer Reports says Sam’s Club now has the best bird in the warehouse club business. After evaluating rotisserie chickens from 10 grocery chains, warehouse clubs and big-box retailers, Consumer Reports named Sam’s Club’s Member’s Mark…
Microsoft is expected to lay off up to 2.5% of its workforce as early as next week. The cuts, which could affect 5,000 employees, may impact sales, consulting and the Xbox gaming unit, according to a report from Business Insider Tuesday. The layoffs would mark the latest round of restructuring in…
Goldman Sachs on Thursday announced that it will make a matching contribution to Trump Accounts for eligible children of the firm’s employees. The company will make a one-time matching contribution of $1,000 to employees with children born between 2025 and 2028 upon the time of enrollment in Trump Accounts, matching the…
This story about the June 2026 jobs report will be updated with further details. The U.S. economy added jobs at a steady pace in June despite headwinds caused by elevated inflation and uncertainty over the Iran war’s economic impact.What are the key findings of the June 2026 jobs report? The…
President Donald Trump on Wednesday announced that fuel prices will be lowered at select gas stations in the Philadelphia area just ahead of the Fourth of July holiday, as he boasted that oil and gas prices are dropping. On Friday, Freedom Fuel Network will be lowering gas prices at 25…
More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans attempt to stay cool during a heatwave for the Fourth of July weekend. Texas-based Daikin Comfort Technologies Manufacturing, Inc. issued the recall last week for about 13,514 Amana Window-Room-Air-Conditioners and Through the Wall air…
Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution agreement with the Department of Justice (DOJ) after admitting it failed to prevent tens of thousands of illegal product sales into the U.S. through its online marketplaces. The DOJ announced Wednesday that Alibaba Group Holding…
The Trump administration’s announcement that it doesn’t plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead intends to pursue individual trade agreements with its two neighbors. Wednesday marked the sixth year of the USMCA being in effect, a milestone which gave the administration the option of extending the agreement as…
Home listing prices are declining at the fastest pace in at least nine years as sellers adjust to a slower market and look to attract buyers. The national median asking price fell 2.5% in June compared with a year ago, declining to $430,000 based on the latest data from the…
While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America CEO Brian Moynihan has a reassuring message for anxious investors. Despite Bank of America’s issuing the most hawkish forecast on Wall Street — predicting three interest rate hikes under Federal Reserve Chair Kevin Warsh…
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