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Washington, D.C., Oct. 25, 2025 — President Donald Trump abruptly halted trade negotiations with Canada, citing a recent television advertisement produced in Ontario that criticized U.S. tariff policy. The decision freezes discussions aimed at easing duties on Canadian steel and aluminum and could push up prices on products ranging from automobiles to household appliances, trade […]
More than four in ten U.S. workers now rely on every paycheck to meet basic expenses, according to a new survey released by Goldman Sachs Asset Management. The report indicates that escalating housing, childcare, education, and healthcare costs are eroding the capacity of Generation Z, millennials, and Generation X to save for retirement. Growing Financial […]
The idea of moving traditional retirement savings into a Roth account is often dismissed for households already paying the highest federal income tax rate. Yet tax professionals say the strategy can still serve specific goals, even when every additional dollar of income is taxed at the top marginal level. Below are the main factors investors […]
The rapid ascent of voice-generation company ElevenLabs began with a brief conversation in 2022, when venture capitalist Carles Reina decided to finance the firm minutes after meeting its co-founder. Reina, then a venture partner at pre-seed investor Concept Ventures and a business lead at Palantir Technologies, encountered ElevenLabs co-founder Mati Staniszewski during routine discussions at […]
Tropical Storm Melissa is forecast to strengthen rapidly into a powerful Category 4 hurricane by Sunday, posing a prolonged and dangerous threat to Jamaica, Haiti and the Dominican Republic. Late Friday, the center of Melissa was located about 215 miles southeast of Kingston, Jamaica, moving west at only 2 mph. The National Hurricane Center reported […]
President Donald Trump is expected to attach his name to a planned White House ballroom, according to a video segment released by ABC News Live. Citing unnamed officials, the report states that the president is “likely” to designate the venue in his own honor once current construction on the executive mansion is complete. The video, […]
Deckers Brands stock fell 15% in Friday trading after the footwear company reduced its long-term sales outlook for running-shoe label Hoka and boots label Ugg, the two businesses that have powered most of its recent revenue gains. Executives cited tariffs and resulting price increases as the main factors tempering consumer demand in the United States. […]
Altria Group, Inc. has increased its quarterly dividend for the 60th time in 56 years, underscoring the tobacco company’s long-standing commitment to returning cash to shareholders. The board approved a 3.9% raise, bringing the quarterly distribution to $1.06 per share. Based on the current share price, the annualized payout implies a yield of roughly 6.7%, […]
The U.S. Department of Defense confirmed on Friday, Oct. 24, 2025, that it has accepted an anonymous $130 million donation intended to help cover military salaries during the ongoing federal government shutdown. The announcement came as more than half a million civilian federal employees missed their first complete paycheck and lawmakers remained deadlocked over a longer-term […]
Amazon will shutter four Amazon Fresh supermarkets in Southern California in the coming weeks, continuing a broader review of its brick-and-mortar grocery footprint. Four locations set to wind down operations The company confirmed plans to close stores in La Verne, Mission Viejo, La Habra and Whittier. Employees at the La Verne site were informed during […]
The persistent rise in consumer prices is forcing many households to reassess how they handle day-to-day expenses. Personal finance author and television host Suze Orman recently revisited that theme in her “Money Monday” newsletter, cautioning readers that several common habits can erode long-term financial security if they are not addressed immediately. Inflation makes cost-cutting urgent […]
Humana has notified investors that only one-fifth of its Medicare Advantage (MA) membership will sit in contracts rated at least four stars by the Centers for Medicare & Medicaid Services (CMS) for plan year 2026. The figure represents a five-percentage-point decline from the current year and continues a sharp slide from 2024, when nearly all […]