In an astonishing turn of events, Shawn Fain, the head of the United Auto Workers (UAW), has aligned himself with President Donald Trump amidst the controversial realm of North American tariffs. Historically, labor unions have taken a strong stance against administrations that threaten American jobs, yet Fain’s tacit endorsement of Trump’s 25% tariffs on automotive
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The ongoing battle between American financial institutions and the Consumer Financial Protection Bureau (CFPB) has taken a dramatic turn. For years, banks have portrayed the CFPB as an overreaching watchdog, unfairly targeting them with regulations following the 2008 financial crisis. However, in the face of a severely weakened CFPB under the Trump administration—with stop-work orders
In a world where market analysts often predict with alarming precision, Costco’s recent earnings report offers a dose of unpredictability. While the wholesale giant fell short of earnings expectations with $4.02 per share against the anticipated $4.11, its revenue surpassed forecasts, coming in at $63.72 billion compared to the expected $63.13 billion. This mixed bag
Senator Richard Blumenthal’s recent inquiries into Visa’s partnership with Elon Musk’s social media platform, X, raise significant concerns regarding consumer protection and regulatory integrity. As the digital wallet services prepare to roll out, it’s crucial to scrutinize this arrangement, particularly because of Musk’s controversial actions that undermine consumer safeguarding authorities like the Consumer Financial Protection
In recent months, SpaceX’s Starship has become the talk of both the aerospace industry and the global public, albeit for troubling reasons. The Federal Aviation Administration (FAA) made headlines when it unexpectedly halted flights at multiple Florida airports after the latest Starship test flight faced catastrophic failure. What was intended to be another leap towards
When it comes to Macy’s, the iconic American department store, the path ahead appears laden with obstacles and uncertainties. After a recent quarterly earnings report, the narrative surrounding the retail giant has again become a mixed bag of optimism and skepticism. As CEO Tony Spring navigates through the murky waters of corporate restructuring and investor
In what should be a positive development for renters, new apartment construction in the United States has skyrocketed, reaching a staggering 600,000 multifamily units completed last year—an achievement not seen since 1974. One would expect this flood of new supply to ease the strain on a notoriously competitive rental market. However, a fresh report from
As Target prepares to unveil its fiscal fourth-quarter earnings, the retail giant stands at a critical juncture. This forthcoming announcement will not only highlight its sales performance but also reveal how effectively it has managed to pivot its strategy in the face of evolving consumer habits and heightened competition. Investors and analysts alike are keenly
In a watershed moment for women’s athletics, Serena Williams has secured an ownership position in the Women’s National Basketball Association’s (WNBA) newest expansion team, the Toronto Tempo. This strategic move echoes Williams’ long-standing commitment to elevating women’s sports as a viable and respectable venture. The Tempo, set to kick off its inaugural season in 2026,
In the ever-evolving world of fast food, particularly the pizza industry, having a diverse menu plays a critical role in maintaining market relevance. Domino’s Pizza, the leading pizza chain in the United States, is set to introduce its first-ever stuffed crust offering—an important decision that could reshape its competitive dynamics. For over 30 years, rivals