Retail
National Debt Tracker: American taxpayers (you) are now on the hook for $36,206,593,315,575.15 as of 1/21/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Samsung weighs relocating dryer production to US in response to Trump tariffs
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Trump considers 25% duties on imports.
Costco Teamsters vote to authorize strike
Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.
Trump speaks with Apple CEO Tim Cook, teases US investment
President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing his promise to put America first.
LA wildfires drive surge in rental housing prices, prompting price gouging concerns
The Los Angeles area wildfires that have devastated communities like Pacific Palisades and Altadena have prompted a spike in prices for rental housing, spurring price gouging concerns.
Chamber of Commerce CEO touts small business: 'State of American business is local'
U.S. Chamber of Commerce CEO Suzanne Clark delivered a "State of American Business" address that spotlighted small businesses and how all businesses have a local impact.
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.
Trump's 'External Revenue Service' will collect from importers, not 'foreign sources'
President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with economists arguing the proposed agency's name obscures who pays.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.