Business
The U.S. has collected more than $200 billion in tariff revenues this year, underscoring the scale of President Donald Trump’s trade duties as a significant source of government income. Tariff revenues hit $31.4 billion in August, the largest monthly total in 2025. September has already climbed to $29.7 billion and…
Costco Wholesale announced its fourth quarter and fiscal year 2025 earnings results Thursday, touting its new global locations, digital upgrades and the impact of its expanded hours for executive members. The retailer launched exclusive morning hours for executive members in June, along with an additional Saturday evening hour for all…
The Ryder Cup is underway at Bethpage Black, and it is set up to be an unforgettable event. Tickets went on sale roughly a year ago, and the magnitude of the event saw initial ticket prices at roughly $700 for a grounds pass.Volunteers actually had to pay $400, but their…
Google’s plan to remove Spanish-language network Univision from its core bundle of channels on YouTube TV at the end of this month is drawing pushback from a Republican attorney general in a politically significant state. Alphabet, the parent company of Google and YouTube, is planning to shift Univision from its basic package…
High-profile defense attorney Alan Jackson said he would choose to represent ABC and Nexstar Media Group over Jimmy Kimmel if the late-night host’s suspension ever turned into a courtroom battle. Jackson, who recently helped secure Karen Read’s acquittal in the death of her Boston police officer boyfriend, joined Billy Bush…
President Donald Trump on Thursday signed an executive order that allows TikTok’s U.S. operations to be moved away from the social media app’s China-based owner ByteDance. The deal will see TikTok’s U.S. operations separated from ByteDance to comply with a law that bans social media platforms subject to control by adversarial foreign…
Amazon has agreed to pay $2.5 billion to settle a lawsuit alleging it misled customers into paying for Prime subscriptions, the Federal Trade Commission (FTC) announced Thursday. The announcement came days into a trial between the tech giant and the FTC. Under the terms of the settlement, Amazon will be…
Mortgage rates rose this week for the first time since mid-July, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.3% from last week’s reading of 6.26%. The average rate on a 30-year…
The Securities and Exchange Commission (SEC) is accusing the men who bought bankrupt chains RadioShack, Modell’s Sporting Goods, and Pier 1 Imports of running a Ponzi scheme that duped investors out of tens of millions of dollars. A complaint filed in the U.S. District Court for the Southern District of…
Metros in Virginia, Colorado and North Carolina with younger, more mobile populations stand to benefit the most as mortgage rates drift into the low 6% range, according to a new report from Realtor.com. The Federal Reserve announced the first interest rate cut of the year last week with policymakers lowering its…