President Donald Trump on Wednesday announced plans to ban institutional investors from purchasing single-family homes in what he sees as a means of improving affordability for Americans. Trump wrote in a post on his Truth Social platform that, “For a very long time, buying and owning a home was considered the…
The mayor of Dallas is predicting an influx of financial firms relocating to the region from New York City if the Big Apple’s newly inaugurated mayor, Zohran Mamdani, pursues socialist policies in the nation’s leading financial hub. Dallas Mayor Eric Johnson told the New York Post in an exclusive interview that Mamdani’s…
Companies in the private sector added 41,000 jobs in December, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 47,000 jobs. The prior month’s payrolls number was revised to a loss of 29,000 from an initially reported loss of 32,000.”Small establishments recovered from…
A new outlook from Cox Automotive projects that new vehicle sales are expected to slow slightly in 2026 from last year, which surpassed expectations for the industry. Cox Automotive forecasted that the U.S. will see 15.8 million new vehicles sold in 2026, which represents a 2.4% decline from sales levels a…
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Berkshire Hathaway shares fell on Friday, a day after CEO Warren Buffett left following a 60-year run. The 95-year-old officially…
Gold’s stratospheric rise, the best percentage gain since 1979, surprised even the most bullish metal mavens as Wall Street firms…
Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a…
Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted…
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The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba’s economy as the communist country reels from the loss of a key economic and security partner. Maduro was captured alongside his wife over the weekend after President…
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Cracker Barrel warned during the company’s earnings call on Tuesday that its turnaround is moving at a slower pace than hoped after the company was mired in controversy over the summer after an attempted rebrand angered consumers. Cracker Barrel CEO Julie Masino acknowledged that first-quarter results “were below our expectations amid…
The share of small businesses raising their selling prices jumped by an all-time high in November as inflationary pressure continued to impact businesses and consumers, according to a new report by the National Federation of Independent Businesses (NFIB). NFIB’s monthly report on small business economic trends for November found a 13-point…
Auto parts retailer AutoZone is planning to continue to expand its portfolio of brick and mortar locations as the auto industry faces higher prices. AutoZone said that in the quarter that ended on Nov. 22, the company opened 39 new stores in the U.S., along with 12 in Mexico and…
Small business optimism ticked higher in November despite economic uncertainty and challenges finding suitable workers in the labor market, according to a new report by the National Federation of Independent Businesses (NFIB). The NFIB Small Business Optimism Index increased 0.8 points in November to 99, remaining above its 52-year average…
John Deere’s top finance chief pushed back gently on President Trump’s claim that regulations alone are driving up tractor prices, saying the true path to lowering costs for America’s farmers lies in cutting-edge tech — from AI weed detection to digitized acres — that can save growers money long before…
President Donald Trump said Monday that his administration is planning to address the cost of farming equipment by easing regulatory burdens on equipment manufacturers. Trump made the comments during a roundtable about issues affecting the U.S. agriculture industry, including the administration’s plan to provide a roughly $12 billion bailout to farmers…
Home sellers have struggled to get the price they’re looking for in the market this year, which has contributed to an influx of delistings, according to a Realtor.com report. Realtor.com’s monthly housing trends for November found that delistings in the month of October were up 38% compared with the same…
Anxiety has given way to hope on Wall Street. Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.Optimism about AI has proved durable. But other important factors are also powering gains. Here’s a look at…
Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth. Bessent appeared Sunday on CBS News’ “Face the Nation” and was asked by host Margaret Brennan about whether President Donald Trump was wrong to predict this spring that Americans…
Federal Reserve policymakers are expected to cut interest rates at this week’s meeting despite inflation remaining above their target amid concerns about a softening labor market. The Federal Open Market Committee (FOMC), the central bank’s monetary policy-setting committee, will announce its interest rate decision on Wednesday. Markets widely expect a…
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