This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.4% on a…
Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, 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 declined to 6.37% from last week’s reading of…
Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook. CEO Andy Jassy released his annual letter to shareholders on Thursday, writing that the tech giant is not content to simply add artificial intelligence features to its existing retail…
Americans are facing a tale of two grocery lists. While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out any savings in the bread aisle.Fourteen of the 25 most common grocery store staples…
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Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last…
Tech giant Meta is planning to move forward with laying off about 200 employees in the San Francisco Bay Area.…
As the conflict in Iran intensifies with no immediate end in sight, the U.S. Department of Energy is tapping further…
General Motors is planning to ramp up production of heavy-duty pickup trucks in Michigan this summer amid strong demand for…
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JPMorgan Chase CEO Jamie Dimon warned that New York City and other cities with high taxes and regulatory burdens run the risk of losing businesses and workers to locales with more hospitable business climates. Dimon released his annual letter to shareholders on Monday in conjunction…
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FREDONIA, Ariz. – The Dragon Bravo Fire is now the largest wildfire burning in the United States and the biggest ever recorded in the Grand Canyon area, according to the National Interagency Fire Center. Since it sparked over Fourth of July weekend, the U.S. Forest Service said the fire has…
As a restaurant owner, I enjoy sharing the rich flavors of my Cuban heritage with customers every day. Whether that’s making the world’s largest croqueta or serving the “hippest sip” of coffee in Miami, my small business is working overtime to compete in the quick-paced hospitality industry that is characterized by long hours and tight budget margins.But thanks to the recent passage of the One Big Beautiful Bill…
Business has reportedly been booming for American Hat Company – a Texas-based cowboy hat manufacturer – since the 2018 launch of the hit Western TV series “Yellowstone.” Founded in 1915 and headquartered in Bowie, Texas, the company specializes in handmade felt and straw cowboy hats offered in a range of…
After many Americans go big for Thanksgiving and Black Friday, the Saturday that follows has become the moment to shop small. Observed annually during the first weekend after Thanksgiving, Small Business Saturday encourages consumers to redirect some of their holiday spending toward small businesses — the backbone of the U.S.…
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…
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