President Biden visits Philly shipyard as he courts organized labor and pushes green jobs
President Joe Biden has paid a visit to Philadelphia's shipyard to make a pitch that unions will be building America’s renewable energy future. He's courting organized labor at a moment when some major unions are weighing strikes that could disrupt the growth he wants to campaign on in 2024.
Orange County task force on tourism development makes final recommendations on tax-funded projects
The Orange County Tourist Development Tax Citizen Advisory Task Force presented its final recommendations on how to spend tourist tax dollars, which amounts to more than $300 million.
Florida's new Chinese land ownership law debated in federal court
A federal judge listened to more than two hours of arguments Tuesday about whether he should block a new Florida law that restricts people from China from owning property in the state.
Taylor Swift gets nod from Federal Reserve for revenue boost during Eras Tour
One Federal Reserve office is recognizing Taylor Swift for boosting revenue during the Eras Tour.
US inflation believed to have slowed in June in sign of easing price pressures
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
Americans say they will need $1.27 million to retire comfortably, study finds
The new report sheds light on financial aspirations and concerns people have planning for life after working.
Orange County's Tourism Development Tax advisory task force meets to weigh applications for grants
The Tourism Development Tax Citizen Advisory Task Force met on Monday to discuss how Orange County tourism tax funds will be used.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads
Biden vows to bring high-speed internet access to all Americans by 2030
President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
Student loan repayments could slam big-name retailers this fall
Target and Nordstrom, especially, face a potential big hit when student loan payments resume this fall.
California governor proposes rolling back access to police misconduct records
California Gov. Gavin Newsom’s administration has proposed an end to public disclosure of investigations of abusive and corrupt police officers, handing the responsibility instead to local agencies in an effort to help cover an estimated $31.5 billion budget deficit.
Inflation cools sharply in May to 4%, lowest in 2 years
Last month marked the slowest pace of inflation since March of 2021.
NYC restaurant delivery workers to get big raise, but not everyone is happy
The Department of Consumer and Worker Protection found on average, a delivery worker makes around $7.09 per hour. But now the city is forcing the apps to raise that to $17.96 by July 12.
'Lightyear' director and producer who saved Toy Story 2 among Disney Pixar layoffs
The layoffs are part of job cuts across Disney, including film and television, streaming services, and theme parks.
LA Times layoffs expected to impact 13% of newsroom
The Los Angeles Times confirmed it will lay off more than 10% of the newsroom.
Egg prices are finally dropping after record highs
With the cost of eggs falling, here's what you can expect the next time you visit the grocery store.
Gas prices could spike after Saudi Arabia oil production cut
According to AAA, drivers are currently paying an average of $3.55 for a gallon of regular gasoline. That is more than $1 lower than a year ago.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.