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Trump pauses 50% tariffs on Canada hours before deadline after announcing potential deal
President Donald Trump said late Tuesday that he is pausing 50% tariffs on Canadian goods scheduled to take effect Wednesday, saying the two countries have reached a deal pending final documentation. “I have paused the 50% Tariffs against Canada, that were…
Costco plots major expansion into senior healthcare with Medicare partnership
Costco will soon offer Medicare plans to certain members as part of a new, first-of-its-kind health insurance venture. The warehouse giant has teamed up with SCAN Health Plan, one of the nation’s largest nonprofit Medicare Advantage plans focused on senior…
American Airlines makes major cabin upgrade as it battles for premium passengers
American Airlines passengers could soon notice some big changes when they settle into their seats, as the carrier rolls out a major overhaul of the onboard experience. The company said Tuesday that more than 800 narrowbody aircraft will ultimately receive new…
Fall travel bargains are fading as shoulder-season demand drives up prices
Travelers can still score deals this fall, but they may have to work harder to find them as the traditional shoulder season gets squeezed. Fall travel interest on Vrbo is up 17% from a year ago, while average nightly rates after summer are now just 5% below…
Treasury yields hit multi-decade highs amid surging national debt
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater returns for those who invest in America’s debt obligations. Yields on U.S. Treasurys have been elevated…
Tunnel to Towers Foundation and Anheuser-Busch deepen partnership ahead of 9/11 25th anniversary
The 25th anniversary of the September 11 attacks is approaching next month and a prominent foundation serving first responders and servicemembers is partnering with a major beer brand as the American public remembers those who stepped forward in response to…
Mark Walter’s insurer to cut $6.5B in investments amid federal probe, Lakers sale
Mark Walter, who sold his ownership stake in the Los Angeles Lakers and may be looking to unload his shares of Chelsea Football Club, continues to cut back amid a federal investigation. TWG Global, Walter’s holding company, said on Tuesday it had agreed to…
States accuse Meta of targeting children for Facebook, Instagram addiction: ‘The young ones are the best ones’
Meta faced accusations of targeting children for addictions to Facebook and Instagram in federal court on Tuesday. Deputy California Attorney General Meghan O’Neill launched her case against Meta in a trial that could reshape how Facebook, Instagram and other…
Home Depot customers stick to smaller projects as housing costs stay high
Home Depot customers are still spending on their homes, with smaller projects supporting demand as Americans contend with elevated mortgage rates and high home prices. The home improvement retailer said Tuesday that second-quarter sales rose 5.7% from a year…
New York Republican congressman rips Hochul policies for sending businesses ‘don’t come here’ message
New York’s business climate is back in the spotlight after Gov. Kathy Hochul’s pause on new hyperscale data centers added to a broader debate over whether the state’s energy and economic policies are pushing investment elsewhere. Rep. Mike Lawler, R-N.Y…