Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under the…

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies…

Waymo expands its robotaxi service in the San Francisco Bay Area

Waymo expands its robotaxi service in the San Francisco Bay Area

Waymo self-driving automobiles with roof-mounted sensor arrays touring close to palm timber and trendy buildings alongside the Embarcadero, San Francisco, California, February 21, 2025. Smith Assortment/gado | Archive Images | Getty Photographs Waymo on Tuesday introduced it’s increasing its service to incorporate one other 27 sq. miles of protection across the San Francisco Bay Space….

Big inflation report coming. What to expect

Big inflation report coming. What to expect

An individual browses a grocery retailer following the announcement of tariffs on Canadian and Mexican items by U.S. President Donald Trump, in Toronto, Ontario, Canada March 4, 2025. Arlyn Mcadorey | Reuters With considerations working excessive that President Donald Trump’s tariff insurance policies will irritate inflation, a report Wednesday might ship some mildly encouraging information….

southwest airlines

What Southwest Airlines is changing, from bag fees to basic economy

A Southwest Airways Boeing 737 MAX is pushed again from the gate at San Diego Worldwide Airport in San Diego, Aug. 24, 2024. Southwest Airways introduced Tuesday what was as soon as unthinkable: it would begin charging prospects to test their baggage. It is a $300 million gamble. Final yr, Southwest mentioned its “rigorous analysis”…

How Trump’s trade policy is putting pressure on U.S. farmers

How Trump’s trade policy is putting pressure on U.S. farmers

Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland works…

Goodyear Tire transformation plan is moving company into the future

Goodyear Tire transformation plan is moving company into the future

For over 125 years, The Goodyear Tire & Rubber Company has been a titan in the tire industry, synonymous with innovation, durability, and American ingenuity. From its humble beginnings in Akron, Ohio, in 1898, Goodyear has grown into one of the world’s leading tire manufacturers, serving consumers, commercial fleets, and even NASCAR racers. Yet, as…

AWS launches Amazon GameLift Streams for cloud gaming

AWS launches Amazon GameLift Streams for cloud gaming

Attendees stroll by means of an exposition corridor at AWS re:Invent, a convention hosted by Amazon Net Companies, in Las Vegas on Dec. 3, 2024. Amazon’s cloud unit stated Thursday that it is launching a service to permit online game publishers to stream their video games on-line. GameLift Streams will ship video games to any…

House censures Rep. Al Green for heckling Trump speech

House censures Rep. Al Green for heckling Trump speech

Rep. Al Inexperienced (D-TX) shouts out as U.S. President Donald Trump addresses a joint session of Congress on the U.S. Capitol on March 04, 2025 in Washington, DC. The Home of Representatives voted Thursday to censure Texas Democratic Rep. Al Inexperienced for heckling President Donald Trump throughout the president’s speech to Congress earlier this week….

Ethics watchdog fired by Trump drops lawsuit challenging dismissal

Ethics watchdog fired by Trump drops lawsuit challenging dismissal

A high federal ethics watchdog who was fired final month by President Donald Trump mentioned Thursday that he’s dropping a lawsuit difficult his dismissal. The announcement by Workplace of Particular Counsel chief Hampton Dellinger got here a day after a federal appeals court docket in Washington, D.C., mentioned that he could possibly be faraway from…