American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in New York City. It is anticipated that the building project will be finished in 2031, the company noted. Construction is slated to start in spring of this year.”Spanning nearly two million square…

Despite mortgage rates just dipping below the 6% mark, American homebuyers aren’t retreating just yet. While high mortgage rates have historically chilled demand, the latest data reveals a defiant consumer base: new home sales remain higher than year-ago levels, and a massive surge in refinancing suggests homeowners are pouncing on…

The Trump administration isn’t letting a Supreme Court setback derail its tariff strategy. The nation’s top trade official says the White House won’t wait on Congress to restore the program. In a 6-3 ruling last week, the high court struck down President Donald Trump’s global tariff authority under the International Emergency Economic…

Certain cottage cheese products are being recalled at Walmart stores in 24 states over the possibility of liquid dairy ingredients not being fully pasteurized up to regulatory standards. Saputo Cheese USA Inc. discovered the issue during a “pasteurizer troubleshooting exercise” conducted with the California Department of Food and Agriculture, the…

FedEx announced Thursday that it will return any tariff refunds it may receive to its customers who paid them as it seeks compensation from the federal government for tariffs paid that were subsequently ruled illegal. The shipping giant said in a statement that it intends to return any tariff refunds…

Netflix dropped its bid to buy Warner Bros. after the studio announced Paramount’s latest bid to buy the entire company was “superior.” “The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match…

A Florida man was arrested on federal charges related to an alleged cryptocurrency “Ponzi scheme” that defrauded investors of at least $328 million. The U.S. Attorney’s Office for the Middle District of Florida said in a release Tuesday that Christopher Alexander Delgado, a 34-year-old from Apopka, Florida, was arrested on wire fraud…

Ford is recalling more than 4.3 million pickup trucks and SUVs due to a software issue that could cause trailer brakes not to function. The recall affects certain model year 2021 through 2026 F-150s, 2022-2026 Super Duty trucks, 2024-2026 Rangers, 2022-2026 Expeditions, Mavericks, Lincoln Navigators and 2026 Transit vehicles.When towing…

Americans are facing rising electricity costs around the country as winter weather and the rise of artificial intelligence (AI) data centers increase demands on the electric grid. Electricity prices have risen faster than the pace of inflation in the last year. January consumer price index (CPI) data from the Bureau of…

Walmart has agreed to a $100 million judgment to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Commission announced Thursday — a move FTC Chair Andrew Ferguson touted as “a huge win for American workers.” “We had been investigating Walmart and its representations…