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Browsing: Business

Business

Tesla under federal investigation over self-driving cars allegedly breaking traffic laws

Tesla has been placed under federal investigation over numerous reports alleging that its Full Self-Driving (FSD) software violated multiple traffic l...

Business

Some Americans will lose popular 401(k) tax break in major retirement rule change starting 2026

A popular tax break for workers nearing retirement age to make extra catch-up contributions is changing next year, which will limit access to some hig...

Business

Trump threatens 'massive' tariff increase on China amid dispute over rare earth minerals

President Donald Trump on Friday said the U.S. is considering imposing a "massive" tariff hike on China in the latest move amid an ongoing trade dispu...

Business

Iconic 169-year-old retailer to shutter 36 locations

The Orvis Company, one of the nation’s oldest outdoor retailers, plans to close more than two dozen stores by 2026 as part of a broader effort to shri...

Business

Sweden’s socialist experiment – and its cost to the country's economy

Sen. Bernie Sanders and a lot of other socialists didn't do their homework when they were praising European socialism."We should look to countries lik...

Business

Trump proposes leveling playing field with China on flights over Russia to and from US

The Trump administration on Thursday proposed barring Chinese airlines from flying through Russian airspace on routes to and from the United States, a...

Business

How much would Democratic Socialist Mamdani’s agenda cost New York City taxpayers?

The price tag for New York City mayoral candidate Zohran Mamdani’s sweeping progressive agenda could be staggering, and taxpayers in the Big Apple may...

Business

CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025...

Business

FAA: Shutdown-driven staffing shortages disrupting operations at major airports

The Federal Aviation Administration issued an updated operations plan on Thursday outlining how staffing shortages and weather are continuing to impac...

Business

Silver surpasses $50 an ounce for first time amid geopolitical, economic uncertainty

Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage and an economic environment that bolsters precious metals.Spot sil...

Business

Boston officials explore city-run grocery stores to combat rising food prices: report

Boston officials are reportedly weighing the concept of creating government-owned grocery stores to support residents struggling with the rising costs...

Business

IRS reveals 2026 tax adjustments with changes from 'big, beautiful bill'

The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the...