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2 days ago
Trump announces 'Patriot Games' with 2 competitors from every state and territory
America’s 250th birthday is on July 4, 2026, and the White House is planning to go all out to celebrate, promoting new national events, such as the “Patriot Games,” that will anchor the yearlong festivities.
President Trump announced Thursday the launch of Freedom 250, “a national, non-partisan organization leading the Administration’s celebration” to “deliver the most extraordinary commemoration in American history,” according to a news release.
“These landmark events — spanning culture, faith, innovation,
America’s 250th birthday is on July 4, 2026, and the White House is planning to go all out to celebrate, promoting new national events, such as the “Patriot Games,” that will anchor the yearlong festivities.
President Trump announced Thursday the launch of Freedom 250, “a national, non-partisan organization leading the Administration’s celebration” to “deliver the most extraordinary commemoration in American history,” according to a news release.
“These landmark events — spanning culture, faith, innovation,
2 days ago
American Airlines will no longer award miles or status points to basic economy fares
Members of American Airlines' loyalty program will no longer earn miles or other travel rewards when purchasing a basic economy ticket.
People enrolled in the carrier's AAdvantage program previously earned two miles and loyalty points for each dollar they spent on a regular fare. Now they will only earn points if they buy a more expensive ticket.
The new policy, which American Airlines announced on Thursday, is effective as of December 17.
"We routinely evaluate our fare products to remain competitive in
Members of American Airlines' loyalty program will no longer earn miles or other travel rewards when purchasing a basic economy ticket.
People enrolled in the carrier's AAdvantage program previously earned two miles and loyalty points for each dollar they spent on a regular fare. Now they will only earn points if they buy a more expensive ticket.
The new policy, which American Airlines announced on Thursday, is effective as of December 17.
"We routinely evaluate our fare products to remain competitive in
2 days ago
This lake vanished from Death Valley 10,000 years ago. It's started reappearing.
Here’s what you’ll learn when you read this story:
Lake Manly hasn’t been a permanent fixture in Death Valley since the Ice Age, but recently, it has reappeared.
Record rainfall at the California site has allowed enough water to collect in the ancient lakebed.
The lake sits in Badwater Basin, the lowest point in North America at 282 feet below sea level.
A deluge of record rainfall has turned North America’s lowest point back into the lake it was during the Ice Age—even if just for a short moment in time. T
Here’s what you’ll learn when you read this story:
Lake Manly hasn’t been a permanent fixture in Death Valley since the Ice Age, but recently, it has reappeared.
Record rainfall at the California site has allowed enough water to collect in the ancient lakebed.
The lake sits in Badwater Basin, the lowest point in North America at 282 feet below sea level.
A deluge of record rainfall has turned North America’s lowest point back into the lake it was during the Ice Age—even if just for a short moment in time. T
2 days ago
Erika Kirk endorses JD Vance for president before VP announces 2028 run
PHOENIX. Arizona — Turning Point USA CEO Erika Kirk has endorsed Vice President JD Vance for president, an early sign of influential support for a likely leading candidate in 2028.
Kirk, who took over leadership of Turning Point after her husband, Charlie, was killed in September, announced her decision during a speech Thursday at the organization’s America Fest conference in Phoenix.
Vance is scheduled to speak at the conference on Sunday.
“We are going to get my husband’s friend JD Vance elected for 48 in the most
PHOENIX. Arizona — Turning Point USA CEO Erika Kirk has endorsed Vice President JD Vance for president, an early sign of influential support for a likely leading candidate in 2028.
Kirk, who took over leadership of Turning Point after her husband, Charlie, was killed in September, announced her decision during a speech Thursday at the organization’s America Fest conference in Phoenix.
Vance is scheduled to speak at the conference on Sunday.
“We are going to get my husband’s friend JD Vance elected for 48 in the most
2 days ago
How the end of extra health care subsidies could affect you, broken down by income
Extra subsidies that made Affordable Care Act plans more affordable for millions of Americans for the past five years are all but guaranteed to vanish on New Year’s Day.
In January, most people who buy plans on HealthCare.gov or a state-run marketplace will see a rise in their monthly premium, ranging from a modest **** p to hundreds or even thousands of dollars.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Congress has been locked in a fier
Extra subsidies that made Affordable Care Act plans more affordable for millions of Americans for the past five years are all but guaranteed to vanish on New Year’s Day.
In January, most people who buy plans on HealthCare.gov or a state-run marketplace will see a rise in their monthly premium, ranging from a modest **** p to hundreds or even thousands of dollars.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Congress has been locked in a fier
15 days ago
Bitcoin critic Peter Schiff challenged President Donald Trump to a debate on the U.S. economy Saturday after Trump blasted Fox & Friends on Truth Social for featuring Schiff, accusing the show of “heading in a different direction.
Early Saturday morning, Trump erupted on Truth Social, complaining about Fox & Friends hosting Schiff, a financial commentator and radio personality who has been vocal about America’s affordability crisis.
Trump, who has dismissed the concept of an affordability crisis as a Democratic “con job,” bristled at giving Schiff a platform to make his case.
“Why would Fox
Early Saturday morning, Trump erupted on Truth Social, complaining about Fox & Friends hosting Schiff, a financial commentator and radio personality who has been vocal about America’s affordability crisis.
Trump, who has dismissed the concept of an affordability crisis as a Democratic “con job,” bristled at giving Schiff a platform to make his case.
“Why would Fox
15 days ago
MLK Day and Juneteenth dropped as free park days. Trump's birthday added.
In 2026, Americans will get free admission to national parks on President Donald Trump's birthday but no longer on Juneteenth and Martin Luther King Jr. Day, according to the National Park Service website.
Previously, the National Park Service included these two federal holidays among its free-entry days for around 100 park sites.
National parks ordered to check gift shops for DEI-type items
Federally recognized in 2021 under the Biden Administration, Juneteenth has been celebrated for more than a century and a hal
In 2026, Americans will get free admission to national parks on President Donald Trump's birthday but no longer on Juneteenth and Martin Luther King Jr. Day, according to the National Park Service website.
Previously, the National Park Service included these two federal holidays among its free-entry days for around 100 park sites.
National parks ordered to check gift shops for DEI-type items
Federally recognized in 2021 under the Biden Administration, Juneteenth has been celebrated for more than a century and a hal
15 days ago
Bitcoin critic Peter Schiff challenged President Donald Trump to a debate on the U.S. economy Saturday after Trump blasted Fox & Friends on Truth Social for featuring Schiff, accusing the show of “heading in a different direction.
Early Saturday morning, Trump erupted on Truth Social, complaining about Fox & Friends hosting Schiff, a financial commentator and radio personality who has been vocal about America’s affordability crisis.
Trump, who has dismissed the concept of an affordability crisis as a Democratic “con job,” bristled at giving Schiff a platform to make his case.
“Why would Fox
Early Saturday morning, Trump erupted on Truth Social, complaining about Fox & Friends hosting Schiff, a financial commentator and radio personality who has been vocal about America’s affordability crisis.
Trump, who has dismissed the concept of an affordability crisis as a Democratic “con job,” bristled at giving Schiff a platform to make his case.
“Why would Fox
15 days ago
Delta CEO calls United's premium investments 'smart' - The Points Guy
Executives at American Airlines and Delta Air Lines see more premium opportunities 2026.
Both carriers expect the strong demand for premium air travel — think everything from premium economy seats up to the new Flagship Suites on American's new Boeing 787-9P planes, where the "P" stands for "premium" — to continue into next year.
"We're going to have a great year being the top end of the premium stack in travel," said Ed Bastian, CEO of Delta, at a Morgan Stanley investor conference Wednesday.
Speaking later that same
Executives at American Airlines and Delta Air Lines see more premium opportunities 2026.
Both carriers expect the strong demand for premium air travel — think everything from premium economy seats up to the new Flagship Suites on American's new Boeing 787-9P planes, where the "P" stands for "premium" — to continue into next year.
"We're going to have a great year being the top end of the premium stack in travel," said Ed Bastian, CEO of Delta, at a Morgan Stanley investor conference Wednesday.
Speaking later that same
15 days ago
Trump directs RFK Jr. to review childhood vaccine plan after hepatitis B pivot
President Donald Trump is all in on Health Secretary Robert F. Kennedy Jr.’s plan to scrutinize the list of vaccines American children get.
Trump directed Kennedy on Friday to review the childhood vaccine schedule and potentially revise it to align with those of other developed countries, most of which recommend fewer shots.
The directive, in the form of an official presidential memo, was issued hours after federal vaccine advisers downgraded decades-old guidance urging newborn immunization against hepatitis B,
President Donald Trump is all in on Health Secretary Robert F. Kennedy Jr.’s plan to scrutinize the list of vaccines American children get.
Trump directed Kennedy on Friday to review the childhood vaccine schedule and potentially revise it to align with those of other developed countries, most of which recommend fewer shots.
The directive, in the form of an official presidential memo, was issued hours after federal vaccine advisers downgraded decades-old guidance urging newborn immunization against hepatitis B,
15 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
15 days ago
K-shaped economy: Why it’s being discussed
DEC 6, 2025
WASHINGTON — From corporate executives to Wall Street ***** ysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.
So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part points to lower-income households struggling with weaker income gains and steep prices.
A big reason the term is popping up so often is that it helps explain an unusually muddy and convoluted period for the U.S. economy. Growth a
DEC 6, 2025
WASHINGTON — From corporate executives to Wall Street ***** ysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.
So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part points to lower-income households struggling with weaker income gains and steep prices.
A big reason the term is popping up so often is that it helps explain an unusually muddy and convoluted period for the U.S. economy. Growth a
K-shaped economy: Why it’s being discussed | News, Sports, Jobs - Tribune Chronicle
WASHINGTON — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferatin
https://www.tribtoday.com/news/business/2025/12/k-shaped-economy-why-its-being-discussed-2/
15 days ago
Babbel reveals the most mispronounced words of 2025
DALLAS (AP) — From the election of Zohran Mamdani to the intrigue surrounding the jewel heist at the Louvre, keeping up with this year's news also left some Americans struggling with **** unciations. That's put both the name of New York City's incoming mayor and the famed Paris museum on a list of the most mispronounced words in 2025.
The language-learning company Babbel and closed-captioning company The Captioning Group on Thursday released a list of the words that news anchors, politicians and other public figures in the U.S. struggled
DALLAS (AP) — From the election of Zohran Mamdani to the intrigue surrounding the jewel heist at the Louvre, keeping up with this year's news also left some Americans struggling with **** unciations. That's put both the name of New York City's incoming mayor and the famed Paris museum on a list of the most mispronounced words in 2025.
The language-learning company Babbel and closed-captioning company The Captioning Group on Thursday released a list of the words that news anchors, politicians and other public figures in the U.S. struggled
16 days ago
K-shaped economy: Why it’s being discussed
DEC 6, 2025
WASHINGTON — From corporate executives to Wall Street ******* ysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.
So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part points to lower-income households struggling with weaker income gains and steep prices.
A big reason the term is popping up so often is that it helps explain an unusually muddy and convoluted period for the U.S. economy. Growth
DEC 6, 2025
WASHINGTON — From corporate executives to Wall Street ******* ysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.
So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part points to lower-income households struggling with weaker income gains and steep prices.
A big reason the term is popping up so often is that it helps explain an unusually muddy and convoluted period for the U.S. economy. Growth
K-shaped economy: Why it’s being discussed | News, Sports, Jobs - Tribune Chronicle
WASHINGTON — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferatin
https://www.tribtoday.com/news/business/2025/12/k-shaped-economy-why-its-being-discussed/
16 days ago
President Donald Trump’s once-steady approval rating is finally taking a plunge.
An aggregation of polls shows that the affordability crisis—and Trump’s failure to prioritize it—is finally catching up to him, with The New York Times reporting that the president is now underwater by 14 percentage points.
Trump’s net approval rating sat around -10 for months, with his ordering of the National Guard into Democratic-led cities, his ICE crackdown, and targeting of his political enemies not causing the figure to budge.
Now, the saying that Americans vote with their wallets is proving true. This a
An aggregation of polls shows that the affordability crisis—and Trump’s failure to prioritize it—is finally catching up to him, with The New York Times reporting that the president is now underwater by 14 percentage points.
Trump’s net approval rating sat around -10 for months, with his ordering of the National Guard into Democratic-led cities, his ICE crackdown, and targeting of his political enemies not causing the figure to budge.
Now, the saying that Americans vote with their wallets is proving true. This a
16 days ago
American approval ratings of President Donald Trump, which have held relatively steady through deployments of the National Guard, unprecedented tariffs and the delayed release of the Epstein files, have fallen slightly, according to a new ****** ysis of public polling compiled by The New York Times.
The reason? A greater share of poll respondents blamed the president’s handling of the economy. At the same time, the share of respondents who disapprove of the president rose to new heights. A New York Times ****** ysis of polls found the president’s approval rating had fallen to 42%; his disappr
The reason? A greater share of poll respondents blamed the president’s handling of the economy. At the same time, the share of respondents who disapprove of the president rose to new heights. A New York Times ****** ysis of polls found the president’s approval rating had fallen to 42%; his disappr
16 days ago
“Tiny cars” which are popular in ****** an will be allowed to be built in U.S. factories, Presdient Donald Trump has announced.
“I have just approved TINY CARS to be built in America,” the president wrote on Truth Social Friday, having previously described the vehicles as “very cute.”
“Manufacturers have long wanted to do this, just like they are so successfully built in other countries. They can be propelled by gasoline, electric, or hybrid. These cars of the very near future are inexpensive, safe, fuel efficient and, quite simply, AMAZING!!! START BUILDING THEM NOW!... ENJOY!!!”
The so-ca
“I have just approved TINY CARS to be built in America,” the president wrote on Truth Social Friday, having previously described the vehicles as “very cute.”
“Manufacturers have long wanted to do this, just like they are so successfully built in other countries. They can be propelled by gasoline, electric, or hybrid. These cars of the very near future are inexpensive, safe, fuel efficient and, quite simply, AMAZING!!! START BUILDING THEM NOW!... ENJOY!!!”
The so-ca
16 days ago
US President Donald Trump’s administration has set forth a new national security strategy that paints European allies as weak and aims to reassert America’s dominance in the western hemisphere.
The document released on Friday by the White House is sure to roil long-standing US allies in Europe for its scathing critiques of their migration and free speech policies, suggesting they face the “prospect of civilisational erasure” and raising doubts about their long-term reliability as American partners.
It reinforces Mr Trump’s “America First” philosophy, which favours non-intervention overseas,
The document released on Friday by the White House is sure to roil long-standing US allies in Europe for its scathing critiques of their migration and free speech policies, suggesting they face the “prospect of civilisational erasure” and raising doubts about their long-term reliability as American partners.
It reinforces Mr Trump’s “America First” philosophy, which favours non-intervention overseas,
16 days ago
A Russian cosmonaut was recently booted from an upcoming NASA and ******* eX mission to the International ******* e Station.
Russia's ******* e agency confirmed the ******* efarer's removal and replacement on the mission, known as Crew-12, but did not provide a reason. However, multiple reports have suggested the move could be related to an alleged national security violation during training in the United States.
Due to launch early in 2026, the Crew-12 mission could send a contingent of international astronauts – including two Americans – for a six-month science rotation at the Internationa
Russia's ******* e agency confirmed the ******* efarer's removal and replacement on the mission, known as Crew-12, but did not provide a reason. However, multiple reports have suggested the move could be related to an alleged national security violation during training in the United States.
Due to launch early in 2026, the Crew-12 mission could send a contingent of international astronauts – including two Americans – for a six-month science rotation at the Internationa
16 days ago
In recent remarks at the “Revitalizing America’s Markets” event, SEC Chair Paul Atkins laid out a plan that would fundamentally redefine what it means to be a public company in the United States. He framed it as a plan to “make IPOs great again,” but beneath the rhetoric lies something far more consequential: a shift toward a marketplace where public companies behave like private ones — shielded from disclosure, insulated from shareholder input, and increasingly detached from the long-term health of the broader economy. In essence, it is a move toward absolute control by CEOs and their boards
16 days ago
Obamacare anxiety rising among House GOP centrists: 'To do this is buffoonery'
Frustration is mounting among moderate House Republicans as various competing health care plans appear to be going nowhere, with less than 10 working days left on the calendar before millions of Americans see their health insurance premiums spike.
A small but animated group of GOP centrists is imploring party leaders to extend the ObamaCare tax credits set to expire at the end of the year. But they’ve run into a wall of opposition from Speaker Mike Johnson (R-La.), who’s cold to the idea, and a larger group of c
Frustration is mounting among moderate House Republicans as various competing health care plans appear to be going nowhere, with less than 10 working days left on the calendar before millions of Americans see their health insurance premiums spike.
A small but animated group of GOP centrists is imploring party leaders to extend the ObamaCare tax credits set to expire at the end of the year. But they’ve run into a wall of opposition from Speaker Mike Johnson (R-La.), who’s cold to the idea, and a larger group of c
16 days ago
The Trump administration is ramping up its immigration crackdown in ways that could alter America’s economy for years to come.
In the wake of the deadly shooting of two National Guard members in Washington, D.C., on Nov. 28 — and the arrest of suspect Rahmanullah Lakanwal, an Afghan national who worked with the CIA to battle the Taliban in his home country — director of U.S. Citizenship and Immigration Services Joseph Edlow announced he would begin a “reexamination of every Green Card for every alien from every country of concern” at Trump’s request (1).
The countries in question, which also
In the wake of the deadly shooting of two National Guard members in Washington, D.C., on Nov. 28 — and the arrest of suspect Rahmanullah Lakanwal, an Afghan national who worked with the CIA to battle the Taliban in his home country — director of U.S. Citizenship and Immigration Services Joseph Edlow announced he would begin a “reexamination of every Green Card for every alien from every country of concern” at Trump’s request (1).
The countries in question, which also
16 days ago
Dow Jones Top Markets Headlines at 3 AM ET: Dow Slips, Small Stocks Rally Amid...
Dow Slips, Small Stocks Rally Amid Mixed Signals on Economy
Bond yields rise in the U.S. and ****** an, and new data showed an unexpected drop in weekly American jobless claims.
----
Why investors see Friday's inflation report as a gut check of vibes on the economy
Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed's last policy meeting of the year.
https:
Dow Slips, Small Stocks Rally Amid Mixed Signals on Economy
Bond yields rise in the U.S. and ****** an, and new data showed an unexpected drop in weekly American jobless claims.
----
Why investors see Friday's inflation report as a gut check of vibes on the economy
Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed's last policy meeting of the year.
https:
17 days ago
A 'K-shaped' economy is emerging: What that could mean for 2026
A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped, with higher-income households powering spending while lower-income consumers struggle with affordability. It mirrors what investors have seen in the stock market, where Big Tech continues to drive the major indexes even as other sectors lag behind.
The concern: How long can those two realities coexist before something breaks?
“I don't think they're going to coexist forever,” Bank of America senior US economist Aditya Bhave told Y
A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped, with higher-income households powering spending while lower-income consumers struggle with affordability. It mirrors what investors have seen in the stock market, where Big Tech continues to drive the major indexes even as other sectors lag behind.
The concern: How long can those two realities coexist before something breaks?
“I don't think they're going to coexist forever,” Bank of America senior US economist Aditya Bhave told Y
17 days ago
Top Trump economic adviser Kevin Hassett was forced to contend with some tough economic numbers on Fox News Thursday as more Americans blame President Donald Trump for the affordability crisis.
Martha MacCallum played a clip of CNN’s data guru Harry Enten, who explained:
Google searches for affordability up 110% versus a year ago. More folks searched for affordability in the last month then at any point since the great recession. It’s the cost of living, most important to you right now, 36 percent. What’s right behind it? The economy, 20%. He won on affordability and the cost of living in 20
Martha MacCallum played a clip of CNN’s data guru Harry Enten, who explained:
Google searches for affordability up 110% versus a year ago. More folks searched for affordability in the last month then at any point since the great recession. It’s the cost of living, most important to you right now, 36 percent. What’s right behind it? The economy, 20%. He won on affordability and the cost of living in 20
17 days ago
Suspect arrested in Jan. 6 pipe bomb case, ending 5-year hunt
The FBI announced Thursday that it had arrested Virginia man Brian Cole Jr. for allegedly planting pipe bombs outside the headquarters of both the Republican and Democratic national committees the night before the Jan. 6, 2021, attack on the U.S. Capitol, concluding a nearly five-year hunt that had vexed authorities and spawned numerous conspiracy theories.
“We solved it,” FBI Director Kash Patel said at a news conference, adding that “the American public and the world will learn even more information” when Cole has “his day in
The FBI announced Thursday that it had arrested Virginia man Brian Cole Jr. for allegedly planting pipe bombs outside the headquarters of both the Republican and Democratic national committees the night before the Jan. 6, 2021, attack on the U.S. Capitol, concluding a nearly five-year hunt that had vexed authorities and spawned numerous conspiracy theories.
“We solved it,” FBI Director Kash Patel said at a news conference, adding that “the American public and the world will learn even more information” when Cole has “his day in
17 days ago
Americans’ confidence in the economy slipped in November to negative 30, according to the latest Gallup poll, the lowest level recorded since July 2024.
Gallup’s Economic Confidence Index — which combines Americans’ ******* sments of current economic conditions and the economic outlook — dipped 7 points from negative 23 in October, after standing at negative 20 in September and August of this year.
November revealed the index’s worst showing since July 2024, when it stood at negative 35. The index was negative 19 when President Trump took office in January and has hovered in the negative tee
Gallup’s Economic Confidence Index — which combines Americans’ ******* sments of current economic conditions and the economic outlook — dipped 7 points from negative 23 in October, after standing at negative 20 in September and August of this year.
November revealed the index’s worst showing since July 2024, when it stood at negative 35. The index was negative 19 when President Trump took office in January and has hovered in the negative tee
17 days ago
President Donald Trump announced a major reset of federal fuel economy standards on Wednesday, rolling back Biden-era regulations that would have pushed automakers toward electric vehicles.
The move will save American families an average of $1,000 per new car purchase, the White House said. The policy reversal represents Trump’s latest effort to combat what he calls “hidden cost-of-living increases” from the previous administration. His reset of Corporate Average Fuel Economy (CAFE) standards marks a significant victory for traditional automakers struggling to meet aggressive EV targets.
The
The move will save American families an average of $1,000 per new car purchase, the White House said. The policy reversal represents Trump’s latest effort to combat what he calls “hidden cost-of-living increases” from the previous administration. His reset of Corporate Average Fuel Economy (CAFE) standards marks a significant victory for traditional automakers struggling to meet aggressive EV targets.
The
17 days ago
Alongside Walmart and Dollar Tree, value-oriented chain Dollar General just posted one of its strongest quarters in years. And just as with those other retailers, the results point to a consumer economy under significant strain.
The discount giant on Thursday reported almost 5% sales growth to almost $11 billion, with same-store sales up 2.5%. This kind of trade-down activity, which sees shoppers moving from middle-of-the-price-point chains to more value-oriented stores, is often ****** ociated with economic downturns.
In other words, Dollar General's quarter shows that Americans are still b
The discount giant on Thursday reported almost 5% sales growth to almost $11 billion, with same-store sales up 2.5%. This kind of trade-down activity, which sees shoppers moving from middle-of-the-price-point chains to more value-oriented stores, is often ****** ociated with economic downturns.
In other words, Dollar General's quarter shows that Americans are still b
17 days ago
A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped, with higher-income households powering spending while lower-income consumers struggle with affordability. It mirrors what investors have seen in the stock market, where Big Tech continues to drive the major indexes even as other sectors lag behind.
The concern: How long can those two realities coexist before something breaks?
“I don't think they're going to coexist forever,” Bank of America senior US economist Aditya Bhave told Yahoo Finance during the firm’s 2026 outlook call this week. “Our vi
The concern: How long can those two realities coexist before something breaks?
“I don't think they're going to coexist forever,” Bank of America senior US economist Aditya Bhave told Yahoo Finance during the firm’s 2026 outlook call this week. “Our vi
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