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Tariffs have surprising effect on unemployment and inflation patterns, Fed analysis reveals14:17 The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain. HP to slash up to 6,000 jobs by 2028 in massive AI transformation push4:07 HP announced plans to cut 4,000 to 6,000 jobs by 2028 as part of an AI transformation push. Layoffs could affect up to 10% of the workforce at the PC and printer maker. Consumer confidence falls sharply as Americans worry about the economy22:48 Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board. Builders cut prices and offer new home incentives as affordability gap shrinks21:44 The housing affordability gap narrows as new home prices become competitive with existing properties, especially in South and West where inventory increased, a new report found. Over 41,000 bottles of Walgreens nasal spray recalled over contamination risk21:44 The FDA recalled 41,328 bottles of Walgreens nasal spray due to possible contamination. Check your bottle for specific lots that expire in 2027. Dick's Sporting Goods plans to close some Foot Locker stores20:08 Dick s Sporting Goods plans to close underperforming Foot Locker stores following its $2.4 billion acquisition to boost profitability and growth. Richard Branson confirms death of wife Joan: 'My best friend, my rock'19:03 Richard Branson announces his wife Joan has died at 80 after 50 years of marriage. The Virgin founder called her his best friend and guiding light. Cracker Barrel CEO says she felt like got 'fired by America' after redesign backlash18:32 Cracker Barrel CEO Julie Masino reflected on being "fired by America" after massive customer backlash over the restaurant s remodeling earlier this year. Thanksgiving gas prices fall to lowest levels since pandemic, with nearly 30 states below $3 a gallon17:59 Nearly 30 states now offer gas under $3 per gallon for Thanksgiving travel, with Oklahoma leading at $2.50 while California tops out at $4.63 per gallon. Fed governor says current economy is 'calling for large interest rate cuts' to help job market16:55 Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Target bets on $5B store revamp plan to revive sales16:23 Target announced a $5 billion investment to expand with larger stores and revamp existing locations despite ongoing sales challenges and market pressures. Nearly 1 in 4 American households living paycheck to paycheck, report reveals15:19 A new Bank of America Institute report shows 24% of U.S. households live paycheck to paycheck in 2025, up from last year as inflation continues to outpace wages. 5 onboard American Airlines flight hospitalized after odor diverts plane25.listopadu American Airlines Flight 2118 was diverted to Houston, Texas, after the crew "reported fumes in the flight deck and cabin," according to the FAA. Tom Brady, Druski and Gopuff team up with nonprofit dedicated to making day after Super Bowl national holiday25.listopadu Tom Brady and Druski teamed up with Gopuff and The Super Monday Off Coalition to push for Super Bowl Monday as a national holiday in the United States. Campbell Soup executive allegedly calls company products 'sh-- for poor people' in secret recording25.listopadu Campbell Soup executive caught on secret recording calling products shit for poor people and making racist comments about coworkers in explosive lawsuit. |
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