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Browsing: Business

Business

Shutdown halts $18B in federal funds for two of NYC’s biggest transit projects

The Department of Transportation (DOT) is halting funding for two of New York City’s biggest infrastructure projects — the Hudson Tunnel and the Secon...

Business

Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years

Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in...

Business

Johnson says Schumer handed Trump 'keys to the kingdom' with government shutdown decision

House Speaker Mike Johnson, R-La., said Senate Minority Leader Chuck Schumer, D-N.Y., created a problematic government shutdown for the American peopl...

Business

New car down payments hit 4-year low as buyers struggle with affordability challenges

Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in fo...

Business

Back-to-back highs: August and September bring in $62.6B in tariff revenue

The U.S. government collected $31.3 billion in tariff revenue in September, highlighting the scale of President Donald Trump's tariffs as a steady sou...

Business

American Airlines jet cancels takeoff after LAX runway incursion

Passengers aboard an American Airlines jet headed from California to Massachusetts were delayed Sunday after it had to abort takeoff.American Airlines...

Business

Powerade enters new market with electrolyte-enhanced Power Water launch

As Powerade continues to grow under the BodyArmor Sports Nutrition (BASN) umbrella, they’re now entering the enhanced water sector. Powerade Power Wat...

Business

Private sector lost 32,000 jobs in September, ADP says

Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said Wednesday.The figure is below economists’ estimates of a ga...

Business

Walmart eliminating synthetic dyes from its private-label food brands

In a sweeping change for the nation’s largest retailer, Walmart U.S. will eliminate synthetic dyes along with 30 ingredients from its private food lab...

Business

Fed president warns inflation is 'going the wrong way' as tariff concerns mount

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced pri...

Business

Tom Brady says post-NFL life is about ‘building trust’ as he makes business play with Hertz

Seven-time Super Bowl champion Tom Brady may have retired from the gridiron, but he’s hardly stepped away from competition.The NFL legend is now chann...

Business

Royal Caribbean cruise struck by norovirus outbreak

Royal Caribbean International is grappling with a norovirus outbreak that has sickened nearly 100 people aboard one of its ships so far.More than 90 p...