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Business & Economy

Government Watchdog: DOGE Overstated Billions in Savings

and on August 6, 2026

A federal watchdog found only 4% of DOGE’s claimed $110 billion in savings had solid support, raising fresh questions about government spending claims.

Trump Administration Announces Overhaul of Rules for Head Start Preschool Program

and on August 6, 2026

A proposed 60-day public comment period could reshape staffing, transportation, nutrition and safety rules for families relying on Head Start services.

All Salad and Go Locations Are Closing Today, Aug. 5, Including in Nevada

, and on August 5, 2026

The Arizona-born chain filed for Chapter 11 bankruptcy after a cyclospora scare hit sales, leaving 70 locations and their workers without jobs.

Get Paid to Use Less Water? New Plan Aims to Help Save Colorado River

and on August 4, 2026

Colorado, Utah, Wyoming and New Mexico could pay residents and farmers for voluntary water cuts starting in 2027, before a century-old water compact expires.

Trump Says Exxon, Chevron Are ‘Making Too Much Money’ Amid Iran War

and on August 3, 2026

Exxon and Chevron posted quarterly profits up to 380% higher than last year — now Trump wants them to lower prices at the pump.

Trump Bet Tariffs Would Bring Factory Jobs Roaring Back. 5 Reasons They Haven’t.

on August 3, 2026

He promised factories would come roaring back. More than a year later, the numbers went the other way.

New Fed Chair Doesn’t Want You to Know What He’s Thinking. Here’s Why.

and on August 1, 2026

Kevin Warsh says markets are doing the Fed’s inflation-fighting work — but 30-year Treasury yields just hit their highest level since 2007.

Could Trump’s Haitian Immigrant Crackdown Hurt the Economy? What to Know

and on July 30, 2026

Economists warn ending protections for over 300,000 Haitian workers could cost the U.S. up to 600,000 jobs within four years.

Income Taxes Fall While Sales Taxes Range Higher Than Ever

and on July 30, 2026

State lawmakers have cut income tax rates over 200 times since 1990 while hiking sales taxes 68 times — see which states shifted the most

Court Limits COVID Tax Refund Claims but Americans Should Hang On

and on July 28, 2026

A new Tax Court ruling narrows which COVID-era penalty claims qualify for refunds, but lawyers say the multi-year appeals fight is just beginning.

Americans Have More Spending Power Than Ever. It Doesn’t Feel That Way

and on July 27, 2026

A 50-year analysis finds pay outpaced inflation by 73%, yet college, health care and housing costs quietly erased those gains for many.

Shein Warns of Trump Tariff Impact After Posting Quarterly Loss

and on July 26, 2026

Shoppers may soon pay more: the retailer posted a $99 million loss and plans to raise U.S. prices to offset new tariffs

Trump Unleashes New Wave of Tariffs, but Consumers Might Not Notice

and on July 24, 2026

New tariffs of 10%-12.5% just hit 80+ countries, but economists say exemptions on food, energy and tech will spare most shoppers’ wallets

Fed Chair ‘an Enigma’: Why July Interest Rate Move Is Hard to Predict

and on July 24, 2026

Forecasters are split on whether the Fed will hike, cut or hold — and Chair Kevin Warsh’s silence on forward guidance is only deepening the confusion.

Tesla Stock Drops Sharply Amid Glut of Unsold EVs, Crash Report Uptick

and on July 23, 2026

Musk downplayed a crash-report uptick and 22,000 unsold EVs even as Tesla shares sank 14% in a single trading day.

23 Governors Sign Trump’s Cost Pledge for Data Centers, Backbone of AI

and on July 23, 2026

Nearly 200 companies and 23 Republican governors have pledged to stop AI’s power-hungry data centers from raising your monthly electric bill.

Trump Plans 50 Percent Tariff on Canadian Golf Equipment

and on July 22, 2026

A new 50% duty hits everything from toys and ice skates to cement and clothing, taking effect Aug. 19.

Trump Announces 50% Tariffs on Canada. What It Means for Consumers

and on July 21, 2026

Economists say the levies exempt oil and minerals but could still raise home-building costs and grocery prices for months.

Trump Imposes New 50% Tariff on Many Imports from Canada

and on July 20, 2026

The tariffs take effect in 30 days and target wine, hockey sticks and cement — though energy, potash and fish are exempt.

Fossil Is Closing This Many More Stores in 2026, CEO Says

and on July 16, 2026

The watch and accessories retailer has shuttered more than 100 locations since 2024 as it shifts its focus to e-commerce.

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