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MORE FROM BUSINESS

5h ago

Buy now, stock up or delay: Here's what consumers are snapping up or putting off in face of tariffs

Consumer spending, excluding autos, was lower overall nationwide, according to the Federal Reserve’s latest Beige Book report released on Wednesday.
Customers look at cars.
Customers look at cars.

What payments can be garnished for defaulted student loans? Collections questions answered

Outstanding federal education debt exceeds $1.6 trillion, with more than 42 million Americans holding the loans.
A pedestrian exits Harvard University campus in Cambridge
A pedestrian exits Harvard University campus in Cambridge

Trump calls his promise to end the Russia-Ukraine war on Day One 'an exaggeration'

President Donald Trump's effort to end the Russia-Ukraine war was just one of the areas he touched upon in a wide-ranging interview with Time magazine about his first 100 days.
Image: President Trump Hosts Prime Minister Of Norway Jonas Gahr Store To The White House
Image: President Trump Hosts Prime Minister Of Norway Jonas Gahr Store To The White House
8h ago

Ex-Disney worker sentenced for hacking menus to change allergen info

Michael Scheuer, 40, falsified food listings to indicate some items were safe from "allergies, when they were not," federal prosecutors said. 
People walk past the entrance to Walt Disney World in Orland
People walk past the entrance to Walt Disney World in Orland

Pharma tariffs would raise U.S. drug costs by $51 billion annually, report finds

Pharmaceutical products have long been spared from trade wars due to the potential harms, but Trump has repeatedly threatened a 25% tariff on pharmaceutical imports.
A pharmacy technician grabs a bottle of drugs off a shelf at a pharmacy
A pharmacy technician grabs a bottle of drugs off a shelf at a pharmacy

Product shortages and empty store shelves loom with falling shipments from China

Businesses have been canceling orders for products from China after Trump imposed a 145% tariff on most Chinese imports, risking product shortages for American consumers.
Customers shop in an aisle at the store
Customers shop in an aisle at the store

Companies are ramping up warnings about the effects tariffs may have on bottom lines — and consumers

Firms are wading through a sea of uncertainty and responding by telling investors to expect lower returns.
Customers shop in an aisle at the store
Customers shop in an aisle at the store
1d ago

USDA is withdrawing a proposal that sought to reduce Salmonella in poultry

The rule, proposed by the Biden administration last year, would have created new safety standards in an effort to prevent the sale of contaminated chicken.
Hands with blue gloves handling chickens in a butcher shop
Hands with blue gloves handling chickens in a butcher shop

'Trump 2028' apparel on sale at the Trump Organization's online store

The president and his allies have repeatedly flirted with the possibility of Trump running for a third term, even though the Constitution forbids it.
President Trump Departs White House For Florida
President Trump Departs White House For Florida
1d ago

Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs

A Federal Reserve report Wednesday indicated companies were adjusting behavior to get ahead of the Trump tariffs.
Image: A woman takes a look at the interior of a kitchen appliance
Image: A woman takes a look at the interior of a kitchen appliance
1d ago

Southwest to cut flights this year, pulls guidance, citing 'macroeconomic uncertainty'

The airline said it expects unit revenue to be flat to down as much as 4% in the second quarter from a year earlier.
A Southwest Airlines plane takes off at San Diego International Airport.
A Southwest Airlines plane takes off at San Diego International Airport.

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