Trump announces $100B investment in the U.S.

Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.

Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.

In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.

Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs

Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.

Walmart warns of higher prices if Trump implements proposed tariffs

Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.

These Long Island restaurants are slashing prices to boost business amid inflation

While many Long Island restaurants struggle with high menu prices, spots like Tony’s Tacos and Lucharitos are finding success by slashing prices and boosting volume, with experts suggesting that price cuts may be key to small business survival.

Target quarterly results fall as holiday discounts and dockworker strike hit profits

Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

Trump's Treasury secretary pick: Who are the contenders?

President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.

Meatpacking company illegally hired minors in MN, fined $2 million

A meatpacking company with operations in St. James has been fined $2 million after an inspection found it was illegally employing underage workers that were also dealing with hazardous materials and operating machinery.

Where was inflation the highest in October? Northeast and Midwest cities near the top

The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.

Federal Reserve cuts its key interest rate by a quarter-point on heels of election

The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.

TGI Fridays files for bankruptcy: Details

According to the filing, the company is exploring options to remain in business while keeping 39 of its restaurants open.

A closer look at how Trump's economic plan could impact inflation

Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.

Holiday spending projected to hit new record this year

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

Walgreens to close 1,200 stores, likely including locations in NY, NJ, CT

Walgreens will close nearly 1,200 locations over the next three years in response to a $3 billion quarterly loss and ongoing challenges in its U.S. retail and pharmacy sectors. Here’s what stores the company says are closing.

Inflation reaches lowest point in 3 years; here's what prices came down most

The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.

Dockworkers' union to suspend strike until Jan. 15: What's next?

The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.