Public Storage is relocating its headquarters from California to Texas, becoming the latest major corporation to shift its official base to the Lone Star State as it rolls out a leadership transition and long-term growth strategy. The S&P 500 self-storage real estate investment trust said its headquarters will move to…
A company that makes self-defense products has spent the last few years moving much of its manufacturing to the U.S. and is finding the benefits extend beyond having the ability to put a “Made in America” label on their products. Byrna Technologies, which makes non-lethal personal security devices that can…
FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports. The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court’s 6-3 ruling Friday, which determined that the president did not have the authority…
The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department of Justice announced Monday. In addition to compensating affected service members, the company will pay a $79,380 civil penalty to…
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Johnson & Johnson on Wednesday announced plans to invest more than $1 billion in a next-generation manufacturing facility that will…
Walmart posted solid fourth-quarter results Thursday as shoppers continued prioritizing value and convenience, helping push online sales to a record…
A nationwide recall has been issued for a baby fruit purée after federal testing found elevated levels of patulin, a…
Spirit Airlines reached a deal to sell 20 of its Airbus jetliners and is recalling some of the flight attendants…
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The Federal Reserve’s preferred inflation gauge remained elevated in December as price pressures continued to pose a challenge for consumers. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.4% in December on a monthly basis and is up 2.9% from a…
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Gas prices have surged in California in recent weeks as the state’s supply is constrained due to recent reductions in refining capacity. The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase…
Americans who live alone are paying a five-figure “singles tax” amid rising rents around the nation, a new analysis finds. Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone…
Americans are getting some relief from lower gasoline prices, which the latest inflation data from the Labor Department shows have declined substantially over the last year. The Bureau of Labor Statistics on Friday released the consumer price index (CPI) for January, which showed headline inflation was up 2.4% from a year ago,…
SpaceX and NASA launched a new crew Friday to the International Space Station, nearly one month after prior crew members were evacuated following a medical emergency in orbit. NASA said the SpaceX Crew-12 mission lifted off at 5:15 a.m. from the Cape Canaveral Space Force Station in Florida. “The spacecraft will…
This story on the January 2026 CPI inflation report is developing and will be updated with more details. Inflation remained elevated in January as the pace of consumer price growth stayed above the Federal Reserve’s target rate as policymakers weigh affordability concerns.The Bureau of Labor Statistics on Friday said that…
Mortgage rates inched lower 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 slipped to 6.09% from last week’s reading of 6.11%. The average rate on a 30-year loan was 6.87% a year…
Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the future of Mark Zuckerberg and his Meta platforms. Ackman has allegedly committed an estimated $2 billion to Meta, representing a sizable 10% of Pershing Square’s total portfolio, The Wall Street Journal reported. The move is…
A Georgia-based gun accessory company will pay $1.75 million in restitution to victims’ families, injured individuals and traumatized survivors of the 2022 mass shooting at a Buffalo supermarket and permanently stop selling a controversial magazine lock in New York under a settlement announced Wednesday. Mean LLC, commonly known as Mean…
Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker’s electric vehicle (EV) division, as well as the impact of tariffs and a fire that impacted an aluminum supplier. The Detroit automaker reported a fourth quarter net loss of $11.1 billion after previously disclosing large…
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 —…
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