California Loses Fortune 500 Crown to Texas
For the first time in modern history, Texas has overtaken California as the state with the most Fortune 500 company headquarters, marking a major shift in the economic geography of…
Economy
Plays the latest stories back to back
Inflation Climbs to 4.2% in May, Reaching Highest Level Since 2023
American consumers received another reminder that inflation remains a stubborn part of the economic landscape. New data released Wednesday showed consumer prices increased 4.2% annually in May, marking the highest…
Gold Plunges Into Bear Market Territory After Historic 2026 Rally
For much of 2026, gold seemed unstoppable. Investors piled into the precious metal as inflation concerns, global uncertainty, and economic volatility pushed prices to record highs. Now, the story has…
Mortgage Rates Surge Again as Global Tensions Put the American Dream Further Out of Reach
Rising oil prices, inflation fears, and growing uncertainty in the Middle East are putting fresh pressure on mortgage rates, creating new challenges for homebuyers already struggling with affordability. For millions…
SBA Says $200 Billion in Pandemic Loan Fraud Was Discovered
The debate around pandemic-era spending is heating up again after Small Business Administration Administrator Kelly Loeffler claimed the agency uncovered roughly $200 billion in fraudulent Paycheck Protection Program loans tied…
Groupon’s Latest Pivot: Hundreds of Jobs Cut as Company Doubles Down on AI
Groupon is making another dramatic shift — and this time, artificial intelligence is at the center of it all. The longtime deal-and-discount platform announced plans to eliminate up to 400 jobs…
Grocery Prices Could Surge Again as Americans Brace for Another Inflation Wave
As Americans continue to feel pain at the gas pump, economists warn that another financial strain is quietly building inside grocery stores across the country. Food prices are climbing faster…
Cloudflare Lays Off 1,100 Employees Amid AI Restructuring Push
Cloudflare is making one of the biggest workforce reductions in company history, announcing plans to lay off roughly 1,100 employees globally as the internet infrastructure and cybersecurity giant reshapes operations…
Starbucks Layoffs 2026: Company Cuts 300 Corporate Jobs and Closes Offices in Dallas, Atlanta, and Chicago
Starbucks is making another major move to reduce costs and streamline operations. The coffee giant plans to lay off roughly 300 U.S. corporate employees while shutting down regional office locations in…
Meta will Layoff 8,000 Employees Today as they Enter the Next Phase of the AI Race
Another wave of Big Tech layoffs may be about to hit — and this time, it’s reportedly coming from one of the largest companies in the world. According to reports…
Subway’s Slow Collapse: Is the Sandwich Giant Going Away for Good?
There was a time when Subway felt unstoppable. The brand was everywhere. Gas stations. Walmart entrances. Airports. Small towns. Big cities. College campuses. At its peak, Subway became the largest fast-food chain…
Global Oil Prices Surge as Trump Warns Iran: Markets Brace for More Volatility
Global markets were shaken Monday after oil prices and government bond yields climbed sharply following renewed warnings from President Donald Trump toward Iran, signaling that geopolitical tensions in the Middle…
Dow Drops More Than 500 Points as Bond Yields Rattle Wall Street
Markets took a sharp step backward today after rising Treasury yields reignited fears that borrowing costs could stay elevated longer than investors hoped. The DJIA closed down more than 500 points, while…
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