U.S. consumer confidence ticks higher on better outlook for hiring
WASHINGTON — Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. The Conference Board, a business…
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Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
MEXICO CITY — President Claudia Sheinbaum suggested today that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose…
Trump’s sharp tariff hikes could speed up China’s shift to new markets and offshore factories
YIWU, China — Visitors who bought fridge magnets at Times Square or other tourist hotspots around New York in recent years most likely were purchasing…
Best Buy reports another quarterly sales decline as shoppers pull back spending on gadgets
NEW YORK — Best Buy, the nation’s largest consumer electronics chain, today reported another quarterly drop in sales as Americans continued to tighten their purse…
What Black Friday’s history tells us about holiday shopping in 2024
NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this…
Drake alleges Universal falsely inflated popularity of Kendrick Lamar diss track ‘Not Like Us’
Drake alleged in a court filing Monday that Universal Music Group falsely pumped up the popularity on Spotify and other streaming services of Kendrick Lamar’s…
Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans
WASHINGTON — Millions of Americans with obesity would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare or Medicaid under…
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
NEW YORK — President-elect Donald Trump threatened on Monday to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office…
Walmart becomes latest – and biggest – company to roll back its DEI policies
NEW YORK — Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that…
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
DETROIT — If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers…