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Economy
Pharma giant AstraZeneca announces $50B US investment
British biopharmaceutical giant AstraZeneca plans to invest $50 billion in the U.S. by 2030, the…
Portland General Electric hikes data center rates under Oregon law
The state of Oregon's utility regulator is implementing a new rule starting Wednesday that will…
Trump to head to Beijing for Xi summit amid AI chip and trade talks
President Donald Trump is set to travel to China this week for a summit with…
Saudi Aramco CEO warns oil markets may not normalize until 2027
The CEO of Saudi Arabia's state-owned oil company is warning that the energy sector will…
Bank of America report: gas prices squeeze lower-income household budgets
American household budgets are under pressure from higher gas prices and new data shows that…
Nike sued over alleged failure to refund tariff costs to consumers
Nike is facing a new class action lawsuit accusing the company of failing to refund…
Bay Area luxury home prices surge 13% since AI boom, Redfin finds
The artificial intelligence (AI) boom has caused a surge in luxury real estate prices in…
April 2026 jobs report: US economy added jobs at a steady
This story about the April 2026 jobs report is developing and will be updated with…
New York Fed finds surging gas prices hit low-income households hardest
A new report by the Federal Reserve Bank of New York finds that the recent…
Birmingham and Tampa top ADP’s best cities list for college grads
The slowing labor market is posing a challenge to recent college graduates looking to begin…
Tesla recalls over 218,000 vehicles over delayed rearview camera images
Tesla is recalling more than 218,000 vehicles because of ‌delayed rearview camera images that could…
Private sector adds 109,000 jobs in April: ADP
Companies in the private sector added 109,000 jobs in April, payroll processing firm ADP said…
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