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Browsing: Business

Business

Should the Social Security COLA be measured with a senior-focused inflation metric?

Social Security benefits will get a boost for next year following the announcement of the annual cost-of-living adjustment (COLA) on Friday, a debate...

Business

Coca-Cola officially rolls out cane sugar soda across US markets following Trump's urging: report

Coca-Cola has reportedly begun rolling out soda made with cane sugar across the U.S., months after President Donald Trump urged the beverage giant to...

Business

Bessent fires back at Warren’s $20B Argentina deal critique, invokes infamous fascist leader

Treasury Secretary Scott Bessent hit back at Sen. Elizabeth Warren, D-Mass., defending the Trump administration’s decision to provide Argentina a $20...

Business

Molson Coors to cut hundreds of jobs in restructuring plan

Molson Coors Beverage Company announced Monday that it plans to eliminate about 400 jobs by the end of the year, as part of a sweeping corporate restr...

Business

Bessent spars with Elizabeth Warren over 'mission-critical' $20B lifeline to struggling Latin American country

Treasury Secretary Scott Bessent hit back at Sen. Elizabeth Warren, D-Mass., defending the Trump administration’s decision to provide Argentina a $20...

Business

Trump administration hits Russia's top oil firms with sanctions to stunt war funding, urges ceasefire

The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Tuesday escalating pressure...

Business

Tesla recalls thousands of vehicles over battery defect that increases crash risk

Tesla is recalling 12,963 vehicles in the U.S. over a battery pack defect that could cause a sudden loss of power.The recall affects certain 2025 Mode...

Business

Molson Coors to cut hundreds of jobs in major restructuring plan

Molson Coors Beverage Company announced Monday that it plans to eliminate about 400 jobs by the end of the year, as part of a sweeping corporate restr...

Business

National debt surpasses $38 trillion milestone for first time in US history as spending surges

The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continue...

Business

Amazon defends ambitious AI strategy that could prevent 600,000 future hires through innovation

Amazon is not wasting any time on its future ambitions for automation and how artificial intelligence (AI) technology could reshape its workforce.The...

Business

Walmart halts hiring workers who need H-1B visas after Trump administration imposes new fee

Following the Trump administration’s decision to add a $100,000 fee to H-1B visa applicants, one retail giant has reportedly paused job offers to cand...

Business

State treasurers push CFPB on third-party financial data access rule

A dozen state financial officers are writing to the Consumer Financial Protection Bureau (CFPB) to uphold consumers' right to share financial data wit...