Business
Americans are poised to set a new record for travel over the upcoming Memorial Day holiday weekend, according to projections from AAA. AAA forecasted on Monday that a total of 45.1 million people will take trips at least 50 miles from where they live between Thursday, May 22, and Monday,…
Stocks soared Monday amid news of a 90-day pause on U.S.-China tariffs, and former Trump economic advisor Stephen Moore believes it could be the start of a financial revolution. “I’m not a big tariff guy. I’m much more in favor of free trade and lower tariffs,” Moore said Monday on…
Tech giant Apple is reportedly weighing a plan to raise prices on new iPhones this fall with new features that can be cited as driving the higher prices, rather than attributing steeper prices to tariff costs. The Wall Street Journal reported Monday, citing people familiar with the matter, that Apple,…
Americans have trillions of dollars of wealth locked up in their homes, and passing it on at death can get messy quickly. The typical way of outlining who should get the house in a will can cause delays after death—so much so that most states have set up a new…
Transportation Secretary Sean Duffy laid out the plans the Trump administration has for fixing the nation’s air traffic control system, while blaming the previous administration for its failures impacting Newark Liberty International Airport (EWR). Duffy held a press conference Monday afternoon, after the FAA imposed the latest of several recent…
McDonald’s will hire a lot of new employees at its U.S. restaurants in the coming months. The fast-food giant announced Monday that it and its franchisees anticipate they will hire up to 375,0000 workers at McDonald’s restaurants across the country during the summer. McDonald’s called the move “one of its biggest…
JetBlue decked out one of its planes with a Dunkin’ Donuts-themed livery. The orange and pink-painted plane was revealed by the two companies on Monday in Boston, a significant city for JetBlue’s operations and not far from the coffee and donut chain’s headquarters. The aircraft is an Airbus A320 called “Brewing…
President Donald Trump said Monday that his administration reached an agreement with China to temporarily lower tariffs while the two sides negotiate a final agreement, which the president says will open the Chinese market for U.S. firms. “The biggest thing that we’re discussing is the opening up China, and they’ve agreed…
Health and Human Services Secretary Robert F. Kennedy Jr. said the timeline to see U.S. drug prices fall to the same level as those seen in European countries will largely depend on how enthusiastically drug companies cooperate. “There are a series of escalating steps that we will take if they…
President Donald Trump announced plans to cut prescription drug prices, claiming the U.S. will begin paying the “lowest price there is in the world” for medications. On Monday, he signed a “most-favored nation” executive order, which aims to ease the burden of prescription drug costs, a long-standing concern for many…