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Economy
Amazon plans largest layoffs in company history: report
Amazon is planning to cut nearly 10% of its corporate workforce beginning Tuesday as part…
March 2026 CPI: Inflation surged as Iran war took a toll on consumer prices
This story on the March 2026 CPI inflation report is developing and will be updated…
US economy grew 1.5% in second quarter, Commerce Department estimates
This story about the advance estimate of second-quarter GDP will be updated with further details.…
July FOMC: Fed holds interest rates steady
This story about the Federal Reserve's July 2026 interest rate decision is breaking news. Please…
Mark Zuckerberg says AI power should be distributed, not centralized
Meta CEO Mark Zuckerberg wrote in a new op-ed published on Tuesday that the rise…
Albertsons cuts outlook as ‘cautious consumer’ pressures grocery sales
Albertsons lowered its fiscal 2026 sales and earnings outlook Thursday after weaker grocery demand and…
Freddie Mac says 30-year fixed mortgage rate reaches 11-month high
Mortgage rates rose again this week and reached the highest level in nearly a year,…
Fidelity says retiree healthcare costs hit $185,500 in 2026 report
Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant…
Florida’s $1.8 trillion economy surpasses Australia to rank 14th globally
Pulling in capital, talent and corporations at a historic clip, Florida is no longer just…
Land Rover Discovery Sport recall targets rearview camera water damage
Jaguar Land Rover is recalling more than 15,000 vehicles over an issue that could affect…
Disney layoffs hit Pixar, ESPN and National Geographic employees
Disney laid off several hundred employees Tuesday morning across multiple divisions, with Pixar absorbing the…
Mortgage rates and rising inventory push 9 cities to buyer’s market
Americans in the market for buying a new home are seeing the markets in some…
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