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‘CFPB RIP’: Elon Musk is already descending on his next target
Elon Musk is targeting the Consumer Financial Protection Bureau (CFPB) with a tweet saying “RIP.” His team is moving into the U.S. consumer finance watchdog, and Trump is defending the billionaire. The move by Musk’s DOGE (Dogecoin) team aims to shut down the CFPB, marking a significant shift in the regulatory landscape. — news from […]
Trump pauses tariffs on millions of low-value packages from China
WASHINGTON (AP) — President Donald Trump has paused imposing tariffs on small-value packages arriving from China, apparently to give federal agencies time to sort out how to process millions of such shipments that have come through the U.S. border every day without paying taxes. The executive order, dated Wednesday, didn’t specify when the pause would […]
Trump Administration Move to Freeze E.V. Charger Funding Confounds States
The Trump administration’s decision to freeze funding for electric vehicle (E.V.) chargers has left states in a state of confusion. Automakers are urging the U.S. Department of Transportation (USDOT) to quickly restart the federal EV charging program. The move has caused significant disruption, with states and automakers alike seeking clarity and a swift resolution. — […]
Cracker Barrel fires back as Waffle House adds surcharge to eggs
Cracker Barrel leadership scrambled to make their own breakfast announcement after 24-hour restaurant chain Waffle House announced it would be tacking on a surcharge of 50 cents per egg. “Egg prices are staying put, but we’re doubling your rewards,” the company announced in a Facebook post yesterday. “Starting today through next Wednesday 2/12, all Cracker […]
Trump administration orders states to halt EV charging programs
In a memo released Thursday, the Federal Highway Administration ordered states to halt a $5 billion program to build fast EV chargers on highways nationwide — an initiative that President Donald Trump cited as an example of the “Green New Deal.” The letter informs state transportation directors, who are in charge of administering the program, […]
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Cracker Barrel fires back as Waffle House adds surcharge to eggs
Cracker Barrel leadership scrambled to make their own breakfast announcement after 24-hour restaurant chain Waffle House announced it would be tacking on a surcharge of 50 cents per egg. “Egg prices are staying put, but we’re doubling your rewards,” the company announced in a Facebook post yesterday. “Starting today through next Wednesday 2/12, all Cracker […]
Trump: Nippon Steel dropping bid for U.S. Steel, making investment instead
President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, and would instead invest in the company. The U.S. president mistakenly referred to Nippon Steel as “Nissan,” the Japanese automaker. WATCH LIVE: Trump holds news conference with Japanese Prime Minister Ishiba at the White House. But it’s Nippon […]
Jobs report shows a hiring slowdown as companies are acting like ‘they’re in a recession’
The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4%, according to data released Friday by the Bureau of Labor Statistics. Economists were projecting the unemployment rate would stay at 4.1% and 170,000 jobs would be added, according to FactSet estimates. While cold […]
All Quiksilver, Billabong and Volcom stores will close in the US
Quiksilver, Billabong, and Volcom, once a magnet for Millennials looking for surfer and skateboard-inspired clothing, are permanently closing all of their stores. More than 100 locations across the United States are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy, blaming fast-fashion rivals and other economic factors for its financial […]