As consumers around the U.S. have eased into 2025 with a month-long commitment to refrain from alcoholic beverages, some are contemplating keeping a lack of spirits alive in February and beyond. Among some of the most popular alcohol-free beverages are virgin mojitos and piña coladas, booze-less seltzers and zero-proof canned…
A Long Island-based liquor brand drew inspiration from a 1975 crime-ridden New York City to introduce consumers to a dark and gritty yet refined product that was unique among spirits. In a propaganda campaign, plainclothes New York law enforcement officers approached tourists with pamphlets titled “Welcome to Fear City: A…
DENVER – For the first time, more craft beer breweries are shutting down than opening up. Breweries and taprooms are dealing with rising supply costs while demand for beer is slipping, according to the Brewers Association.Bart Watson is the president and chief executive officer of the Brewers Association. Watson said…
DENVER – Many small companies have started to find new and creative ways to save time and money using artificial intelligence. A survey from 2024 found 69% of small businesses are using AI, up from 56% in 2023, according to Goldman Sachs 10,000 Small Businesses. The Goldman Sachs program helps…
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Morgan Stanley, one of the world’s largest investment banks, is cutting 3% of its workforce, roughly 2,500 employees, across all…
A single digital gambler known only as “Magamyman” walked away with $600,000 this weekend after successfully betting on the U.S.…
U.S. stocks plunged on Tuesday as investors eye growing tensions in the Middle East and their potential effects on inflation…
Oil prices have climbed after reports that Iranian drones struck a major liquefied natural gas (LNG) facility in Qatar, rattling…
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This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). In celebration of the heroic and gallant actions of firefighters across the U.S. on International Firefighters’ Day, a…
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Many small business owners are betting on growth in the year ahead, even as inflation, labor shortages and economic uncertainty continue to pressure operations, a new survey finds. About 80% of small business owners say they are confident in their outlook, and about 79% expect revenue growth in 2026, according…
A looming “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape. Nearly half of U.S. small-business owners are 55 or older, yet just 54% have a succession plan in place — setting the stage for a potential retirement shock that could leave many companies vulnerable…
The Labor Department’s latest jobs report showed that American workers’ wage gains are continuing to outpace stubbornly high inflation. The Bureau of Labor Statistics released its jobs report for February Friday, which showed that workers’ average hourly earnings rose faster than expected last month.Employees on private nonfarm payrolls saw their average hourly…
The February jobs report revealed a loss of 92,000 jobs, but according to RedBalloon CEO Andrew Crapuchettes, the real economic rot isn’t just in the numbers — it’s in the technology. Crapuchettes warns that an invisible layoff is occurring as artificial intelligence algorithms effectively delete qualified American workers from the…
This story about the February 2026 jobs report is developing and will be updated with more details. The U.S. economy shed jobs unexpectedly in February as employers pulled back to start 2026 amid economic uncertainty.What are the key findings of the February 2026 jobs report? The Labor Department on Wednesday…
Target announced on Thursday it will open its 2,000th store this month in North Carolina as part of an expansion that will include dozens more stores opening this year. The milestone 2,000th location will open in Fuquay-Varina, North Carolina, on March 15. It will be Target’s 55th store in North…
A record number of Americans tapped into their 401(k) retirement savings for hardship withdrawals last year due to financial challenges, new data shows. Vanguard Group reported that 6% of participants in 401(k) plans administered by the firm took hardship withdrawals in 2025, up from 4.8% in 2024.That figure is also well above…
Layoffs eased in February as new data showed that U.S. employers announced fewer job cuts last month after they were elevated to start the year, new data shows. U.S. employers announced 48,307 job cuts in February, according to a report by global outplacement and executive coaching firm Challenger, Gray & Christmas.…
Mortgage rates ticked higher to 6% this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6% from last week’s reading of 5.98%. The average rate on a 30-year loan was 6.63%…
The U.S. Department of Agriculture (USDA) recently released a trade forecast showing the farm trade gap narrowing significantly during fiscal year (FY) 2026. The forecast shows the agricultural trade deficit falling from $43.7 billion in FY2025 to a projected $29 billion in FY2026, an improvement from last year’s level and…
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