Business
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater returns for those who invest in America’s debt obligations. Yields on U.S. Treasurys have been elevated recently, in part due to the growth in debt, with…
Steak ‘n Shake, the fast-food chain embracing Health and Human Services Secretary Robert F. Kennedy Jr.’s Make America Healthy Again (MAHA) movement, announced that it will launch a new “Protein Steakburger” next month. The restaurant chain unveiled the Protein Steakburger, along with a Double Steakburger Double Cheese, with both menu…
President Donald Trump said late Tuesday that he is pausing 50% tariffs on Canadian goods scheduled to take effect Wednesday, saying the two countries have reached a deal pending final documentation. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three…
Costco will soon offer Medicare plans to certain members as part of a new, first-of-its-kind health insurance venture. The warehouse giant has teamed up with SCAN Health Plan, one of the nation’s largest nonprofit Medicare Advantage plans focused on senior health care, the insurance company announced Tuesday. Under the partnership, the…
Travelers can still score deals this fall, but they may have to work harder to find them as the traditional shoulder season gets squeezed. Fall travel interest on Vrbo is up 17% from a year ago, while average nightly rates after summer are now just 5% below peak summer prices…
American Airlines passengers could soon notice some big changes when they settle into their seats, as the carrier rolls out a major overhaul of the onboard experience. The company said Tuesday that more than 800 narrowbody aircraft will ultimately receive new entertainment systems featuring 4K displays, Bluetooth connectivity and USB-C…
The 25th anniversary of the September 11 attacks is approaching next month and a prominent foundation serving first responders and servicemembers is partnering with a major beer brand as the American public remembers those who stepped forward in response to the attacks. The Tunnel to Towers Foundation and Anheuser-Busch have…
Mark Walter, who sold his ownership stake in the Los Angeles Lakers and may be looking to unload his shares of Chelsea Football Club, continues to cut back amid a federal investigation. TWG Global, Walter’s holding company, said on Tuesday it had agreed to cut up to $6.5 billion of…
California regulators on Monday approved new rules that will restrict which replacement tires can be sold across the state in an effort to meet energy-efficiency standards. The new regulations, unanimously adopted by the California Energy Commission (CEC), will phase out tires that fail to meet these standards — a move…
Meta faced accusations of targeting children for addition to Facebook and Instagram in federal court on Tuesday. Deputy California Attorney General Meghan O’Neill launched her case against Meta in a trial that could reshape how Facebook, Instagram and other social media platforms are operated.O’Neill told the jury that Meta’s business…