Economy

Economy
Economy

Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup

When the U.S. men’s national soccer team plays at home, its most loyal fans traditionally sit right behind a goal to cheer on the team or intimidate the opposition. But when the Americans kick off a once-in-a-generation World Cup in Southern California next week, many of those die-hard supporters may be harder to hear because

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Economy

Trump administration cites forced labor concerns as grounds for new tariffs

The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in goods ‌made with forced labor, an assertion that was rejected by its trading partners. The proposal from the U.S. Trade Representative’s office, issued late on Tuesday, comes from a Section

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Economy

Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

NFL Commissioner Roger Goodell has been invited to testify before Congress as the league faces increasing federal scrutiny about its broadcast deals and its recent practice of airing games on paywalled streaming services. Rep. Jim Jordan, R-Ohio, the chairman of the House Judiciary Committee, sent a letter to the commissioner Monday requesting his appearance at

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Economy

Jerome Powell warns politicizing the Federal Reserve would cost public trust

Federal Reserve Governor Jerome Powell warned Sunday about the impact of a politicized Fed and made a broader call for the defense ‌of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank. “Democratic institutions take much time, effort, and patience to build but can

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Economy

MLB owners have proposed a salary cap for the first time since baseball’s 1994-95 strike

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed never to accept, setting the sides on course for a confrontation that threatens the 2027 season and perhaps beyond. Baseball owners hadn’t proposed a firm cap since 1994. Their effort prompted a 7

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Economy

Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The recall covers approximately 5.8 million

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Economy

Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk

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Economy

Trump briefed on options for Iran as energy prices soar to 4-year high

President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Adm. Brad Cooper, the commander of U.S.

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Economy

Big Tech earnings test record stock market rally as AI spending takes center stage

Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Instead, four leading tech companies reported quarterly results that beat Wall Street’s

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Economy

What falling wage growth says about where the U.S. economy is heading

Americans are getting smaller pay raises while tariffs and higher gas prices are threatening to make everything more expensive. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Translation: The affordability problem isn’t improving. New government data released Friday showed non-supervisory workers getting a 3.4% pay raise on average

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