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Browsing: Business

Business

Boeing secures $8.6B contract to build fighter jets for Israel's Air Force

Boeing was awarded a nearly $8.6 billion contract to build 25 new F-15A aircraft for the Israeli Air Force, according to the Pentagon.The contract was...

Business

Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show

Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the U.S. economy faces a chal...

Business

Steak ’n Shake touts $2.50 ‘Patriot Milkshake’ to honor America's semiquincentennial

Steak ’n Shake is offering a $2.50 "Patriot Milkshake" throughout January, promoting the discount as an early nod to America’s 250th anniversary, acco...

Business

Elon Musk calls himself a 'maker,' slamming politicians like Bernie Sanders: 'They take'

Billionaire business tycoon Elon Musk described himself as a "maker" in a Tuesday post on X, while reasserting his claim that Sen. Bernie Sanders, I-V...

Business

IRS hands workers bigger tax break for business expenses in 2026

People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) annou...

Business

Trump calls Fed chair Powell a 'fool,' threatens lawsuit over headquarters renovation

President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing Powell of "gross incompetence" and threate...

Business

US fusion strategy stuck in past as China moves ahead, CEO warns

During the Cold War, the U.S. and the Soviet Union competed across nearly every arena, including space. The rivalry shifted dramatically on Oct. 4, 19...

Business

Luxury retail giant Saks weighs bankruptcy filing, report

Saks could be the next department store to seek relief in bankruptcy court amid growing liquidity challenges.Saks Global Enterprises, the parent corpo...

Business

Renting vs buying: What's the better option in the current economy?

Renting still offers significant monthly savings over buying in most of the country, but an economist says the long-standing affordability gap is grad...

Business

Workers in 19 states get pay boost as minimum wages jump nationwide on New Year's Day

American workers at the bottom end of the pay scale are set to see the minimum wage rise in 19 states effective on New Year's Day, while three other s...

Business

Outback Steakhouse sued after man suffers 'serious bodily injury' from toilet shattering under him

A Florida man filed a lawsuit against Outback Steakhouse alleging that he was on a handicapped toilet when the seat "suddenly shattered and collapsed"...

Business

Ground beef recalled in 6 states over possible E. coli contamination

Grass-fed ground beef that was distributed to six states has been recalled over possible E. coli contamination, according to the U.S. Department of Ag...