Capital One CEO says US consumers are in ‘good shape,’ but there are ‘worrying signs’
Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the financial…
Category: Business
Tariff-induced price hikes, trade worries highlighted in Fed’s Beige Book
The Federal Reserve's Beige Book found that businesses around the U.S. are seeing costs rise due to tariffs, which will…
White House says Trump administration has 18 trade proposals ‘on paper’
White House press secretary Karoline Leavitt said the Trump administration has "18 proposals on paper" and is "setting the stage"…
Los Angeles sees continuing decline in film and television production
Los Angeles has seen a decline in local film and TV production, causing some to worry that the city could face…
Americans trimming back wage expectations for new jobs: NY Fed
The New York Federal Reserve's consumer expectations survey found Americans are lowering their expectations for starting wages at a new…
Foreign and domestic investments totaling over $5T under Trump, adds 451k jobs for Americans
U.S. investment under President Donald Trump's administration has reached more than $5 trillion, and is expected to generate hundreds-of-thousands of…
Tesla earnings fall short; Elon Musk says DOGE time will ‘drop significantly’
Tesla generated $13.97 billion in automotive revenue in the first three months of 2025, marking a drop of nearly 20%…
CoinsPaid raises doubts about its claims of significant growth in 2021
CoinsPaid, a cryptocurrency payment processor, operates through legal entities in Estonia, Lithuania, and El Salvador. The Estonian entity, Dream Finance…
Trump’s tariffs projected to increase unemployment, but escape mass layoffs: Allianz
Allianz economists are forecasting that the unemployment will rise to 5% by early 2026, though mass layoffs aren't expected as…