School districts in several states are facing mandates to incorporate electric buses into their school bus fleets, with the EVs bringing with them different operating costs and posing new challenges. Several states, including New York and California, have implemented requirements that school districts buy zero-emission school buses with their new purchases.…
Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see the biggest hit to its 2026 profit. Oil prices have risen over 35% since the war with Iran began amid attacks on oil and transportation facilities…
Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs. The second-largest automaker in Japan said Thursday that it will restructure its EV business and cancel three planned battery-powered EV models that…
Union leaders representing Transportation Security Administration (TSA) workers in Atlanta called on lawmakers Monday to end the Department of Homeland Security (DHS) shutdown, saying the stalemate has crippled its members financially as they continue to work without being paid. Aaron Barker, the president of AMG local 554, said the union’s…
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Papa John’s International is reportedly reviewing a new proposal to take the company private in a potential $1.5 billion acquisition,…
The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season. More than…
There’s good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the…
Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI)…
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This is a developing story about the second reading of fourth-quarter gross domestic product growth. Please check back for updates. The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross…
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Washington skeptics were quieted Wednesday morning as the January jobs report beat expectations, revealing a resilient American workforce that added 130,000 jobs to start the year. While experts predicted a winter chill for hiring, the 4.3% unemployment rate tells a different story — one of a Main Street economy —…
Kraft Heinz is pumping the brakes on plans to break up the company, with its new CEO saying the food giant’s challenges are “fixable and within our control” as it shifts focus toward reigniting profitable growth through a $600 million investment push. In a note in the company’s routine fourth…
This story on the January jobs report is developing and will be updated with more details. The U.S. economy posted solid job growth in January as employers hired at a steady pace to start 2026 as the Federal Reserve evaluates the need for rate cuts in the months ahead.What does…
The Federal Aviation Administration has grounded all flights to and from El Paso International Airport in Texas for the next 10 days, the agency announced Wednesday. All flights to and from El Paso are grounded, including commercial, cargo and general aviation. The restriction is effective from February 10 at 11:30…
Jaguar Land Rover is recalling nearly 2,300 electric SUVs in the U.S. over concerns that a high-voltage battery may overheat, increasing the risk of fire, the National Highway Traffic Safety Administration (NHTSA) announced on Tuesday. The recall impacts 2,278 Jaguar I-Pace vehicles from the 2020–2021 model years.”As an interim repair,…
The housing market has cooled off this winter with the annual pace of home price growth easing to levels unseen since the nation was recovering from the Great Recession. And while some areas continue to see strong price growth, others have seen notable declines. New data from Cotality, a data analytics…
Two men from Pennsylvania admitted to repeatedly traveling from Philadelphia to Minneapolis in an effort to defraud Minnesota’s Housing Stabilization Services (HSS) program, prosecutors announced. The men allegedly defrauded approximately $3.5 million from the program and used artificial intelligence to create false records. The two men, identified as Anthony Waddell…
The Wyoming Board of Land Commissioners voted 3–2 on Feb. 5 to begin canceling controversial wind leases tied to the Pronghorn and Sidewinder projects in the eastern part of the state. The Wyoming Tribune Eagle reported that the Pronghorn project involves state land in Converse County, while the Sidewinder project…
American Airlines’ leadership is facing a rare public rebuke from within its own ranks as the unions representing flight attendants and pilots have publicly questioned and criticized CEO Robert Isom’s leadership. The Association of Professional Flight Attendants (APFA) on Monday issued a vote of no confidence in Isom. The union,…
Chipotle CEO Scott Boatwright suggested in leaked audio that the company would begin focusing on customers who make more than $100,000 per year, indicating further price hikes. During a recent earnings call, Boatwright said 60% of customers earn more than $100,000 a year and that he wants to “lean into…
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