Business

President Donald Trump threatened to hit members of the BRICS alliance — including China, Russia and India — with an additional 10% tariff for being "anti-American."His announcement came as the alliance was hosting its yearly summit in Rio de Janeiro, Brazil."Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy," Trump said in a post on […]

Iconic family entertainment chain Chuck E. Cheese is leveling up — for grown-ups.The Texas-based company has launched a new spin-off concept called "Chuck’s Arcade," an adult-targeted arcade experience that blends nostalgic favorites and modern games. By opening gaming centers for older generations who grew up as lifelong fans, the kiddie arcade brand is now "bringing together gamers of all ages," according to a press release.The adult center features retro classics such […]

Several items sold at Costco have recently been recalled.The popular warehouse retailer has posted notices about recalls of some Bridgestone tires, window air conditioner units and power banks on its website. Bridgestone Americas Tire Operations said in the customer recall notice published on Costco’s website that a lack of a required Department of Transportation certification symbol had prompted certain Bridgestone Blizzak 6 tires in the size "235/40R19" with the identification numbers […]

President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported from Japan and South Korea.Trump shared letters addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung in posts on Truth Social.The new levies will take effect on Aug. 1. If either Japan or South Korea raise tariffs in retaliation, Trump said in his letters that the U.S. tariffs will increase by […]

Major corporations are stepping up support for disaster relief efforts after flash floods wreaked havoc across several central Texas communities over the Fourth of July holiday weekend, killing at least 82 people.Search and rescue operations, both on the ground and in the air, remain ongoing Monday as another flood watch has been issued for central Texas through Monday evening, according to the National Weather Service (NWS) office in Fort Worth.The […]

Tariffs will reset to President Donald Trump's original April levels if countries do not strike a new deal with the U.S. by August 1, Treasury Secretary Scott Bessent said Sunday.Bessent made the announcement during an appearance on "Fox News Sunday," telling host Shannon Bream that several trade deals are in the "home stretch.""Is it fair to say there's a bit of a pause on the July 9th deadline for some […]

President Trump said the United States has "pretty much" reached a deal for a company to acquire the U.S. assets of TikTok and plans to begin talks with China this week. "I think we're going to start Monday or Tuesday ... talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal," Trump told reporters on Air Force One on his way to […]

Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs.Rather than "a short and simple one-time shift in prices, as standard textbook models would suggest," Bostic said he expects changes in U.S. trade policy along with concurrent geopolitical developments to lead to "a longer period of elevated inflation" over the course […]

More luxury homebuyers are paying with cash to acquire properties this year, a report from Coldwell Banker Real Estate revealed.The company said in its "2025 Mid-Year Report" that more than half of over 200 surveyed Coldwell Banker luxury property specialists reported an uptick in wealthy buyers purchasing homes with cash. Roughly 34.1% said there has been a "slight increase" while 16.6% said there has been a "significant" rise in that method. Mortgage […]