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Business
REI to close three Northeast stores in 2026 as it adapts to shifting markets and customer needs: report
Outdoor retailer Recreational Equipment, Inc. (REI) reportedly plans to close three of its U.S. stores next year. The closures will affect REI locations across the Northeast,…
LARRY KUDLOW: China going rogue is gonna hurt them a whole lot more than us
The long and the short of the U.S.-China fisticuffs is that no trade barriers are coming down, and no new trade openings are popping up. China has gone rogue by putting export…
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NYC mayoral candidate Mamdani doubles down on socialist policies such as free buses, universal childcare
New York City mayoral candidate Zohran Mamdani is standing by his proposal to raise taxes on the city’s wealthiest residents and corporations to fund free buses and universal…
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Trump official says federal job cuts will top 10K during shutdown as judge puts firings on hold
The top official at the Trump administration's budget office said that the number of federal job cuts during the ongoing government shutdown could exceed 10,000; while a…
Bank of America and BNY sued over financial ties to Jeffrey Epstein
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An anonymous victim of Jeffrey Epstein filed lawsuits…
Trump admin slams China’s 'global power grab' on rare earths, threatens triple-digit tariffs
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer spoke on Wednesday about what they refer to as a "global power grab" by China. The Trump…
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Stellantis unveils massive $13B US investment plan
Stellantis, the parent of Chrysler, Jeep and Ram, unveiled plans on Tuesday to invest $13 billion to boost its U.S. domestic manufacturing footprint over the next four years.…