Business

Variety Wholesalers is looking to open a handful of Big Lots locations on Thursday in the first of "four waves of openings" it has planned for the discount retailer’s stores it bought. The company detailed the plan late last week, saying the "first wave" will include nine stores across Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia.Customers can expect "remodeled stores, a large selection of closeout deals and new merchandise categories" […]

BlackRock CEO Larry Fink said that the stock market could see declines deepen by another 20% amid uncertainty over President Donald Trump's tariffs and that CEOs are telling him they think the U.S. economy is likely already in a recession."Most CEOs I talk to would say we are probably in a recession right now," Fink told the Economic Club of New York on Monday. Tariffs are expected to make a wide […]

Former Home Depot CEO Bob Nardelli called the stock market’s response to President Donald Trump’s tariffs an "over-reaction" on Monday and argued they will be very beneficial for the economy going forward.The stock market has taken a major hit since Trump announced wide-sweeping tariffs across multiple countries that are set to go into effect this week. Although fears of a recession have spiked as a result, Nardelli told "America Reports" […]

The International Brotherhood of Teamsters is launching a new billboard campaign blasting United Airlines for outsourcing their aircraft maintenance to China. The campaign will include billboards in Chicago at Willis Tower and O'Hare International Airport, as well as one at Newark International Airport and the United Airlines Flight Training Center in Denver. "Would you trust a majority Chinese-owned company with aircraft repairs?" the billboard ad questions. "United Airlines does."The campaign comes […]

U.S. markets have fallen since President Donald Trump announced reciprocal tariff policies last week. Despite the market decline over the past week, some money managers have held a strong belief that the president’s intentions will benefit U.S. markets and the economy long-term."Global markets sold off, partially in response to our market selloff on Friday. Expect to see a relief rally very soon. However, we won’t start our recovery until we get more clarity […]

With its third season wrapping up last night, "The White Lotus" has easily become one of the most talked-about television shows of 2025. Though the range of experience among the actors in the HBO series varies, every cast member shares one thing in common: their salary. In a new interview with The Hollywood Reporter, the names behind the show explain why veteran actors and newcomers are getting paid the exact same […]

Canada has initiated a complaint with the World Trade Organization over President Donald Trump imposing 25% duties on car imports from the neighboring country.The global trade body said that Canada requested consultations on Thursday as the first step in launching the formal WTO trade dispute. "Canada has requested WTO dispute consultations with the United States concerning US measures imposing a 25 percent duty on automobiles and automobile parts from Canada," the […]

Goldman Sachs updated its recession forecast on Sunday to increase the probability of a recession amid President Donald Trump's tariff war, adding that its analysis may be downgraded further if more tariffs take effect.Economists led by Jan Hatzius wrote in a note titled "Countdown to Recession" that they're increasing their 12-month recession probability from 35% to 45%. They also cut their gross domestic product (GDP) growth forecast for 2025 to […]

Walt Disney World is saying "jambo" to its "newest addition to the savanna," at Disney's Animal Kingdom theme park, Tucker.The baby boy giraffe was recently born to mother Mara, a Masai giraffe, and marks "the first giraffe calf birth at Walt Disney World Resort since 2021," according to the Disney Parks Blog.Guests can already delight seeing Tucker while on the Kilimanjaro Safaris. His birth is the third for Mara, who […]