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News Articles: Business

Prosecutors say 25 Canadians have been charged in connection with a multimillion dollar "grandparent scam" targeting elderly Americans nationwide.

Tagged as: 

  • National

Dozens of Canadians are charged for scamming American grandparents out of $21 million

The 25 Canadians are accused of calling seniors in over 40 states, pretending to be their grandchildren and asking for bail money. Authorities warn such scams are getting increasingly sophisticated.

March 05, 2025
|
By:
  • Rachel Treisman
The Theodore Roosevelt Federal Building headquarters of the U.S. Office of Personnel Management is seen on Monday in Washington, D.C.

Tagged as: 

  • Politics

OPM alters memo about probationary employees but does not order mass firings reversed

The Office of Personnel Management has revised a Jan. 20 memo asking federal agencies to identify probationary employees ahead of a mass firing. The reissued memo does not order fired workers reinstated.

March 04, 2025
|
By:
  • Andrea Hsu
On Tuesday, President Trump imposed tariffs of up to 25% on imports from Mexico and Canada, two of the United States' biggest trading partners — while also increasing tariffs on China.

Tagged as: 

  • Economy

American businesses reel as Trump tariffs start to bite

Business owners across the U.S. worry they will also suffer the impact from President Trump's tariffs on imports from Mexico, Canada and China.

March 04, 2025
|
By:
  • Scott Horsley
Traders work on the floor of the New York Stock Exchange in the Financial District in New York City on Tuesday.

Tagged as: 

  • Business

U.S. stock markets plunge as Trump's tariffs spark fears about a trade war

U.S. stock markets plummeted on Tuesday morning as a new global trade war began.

March 04, 2025
|
By:
  • Maria Aspan
The Consumer Financial Protection Bureau has dropped its lawsuit against the payment network Zelle and three of its owner banks.

Tagged as: 

  • Your Money

The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot

It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the bureau.

March 04, 2025
|
By:
  • Laurel Wamsley
While many museums have their guests exit through the gift shop, patrons of the American Prohibition Museum in Savannah end their journey at a "speakeasy," run by bar manager Nicole Price.

Tagged as: 

  • Business

Mocktails stir change in Savannah's tourism scene amid America's alcohol retreat

Why Savannah's tourism economy may be well-positioned to weather young adults' slow but steady decline in alcohol consumption

March 04, 2025
|
By:
  • Benjamin Payne
President Trump speaks in the Roosevelt Room of the White House on Monday after announcing that Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in new manufacturing facilities in the U.S.

Tagged as: 

  • Politics

Canada and China retaliate after Trump's tariffs take effect

Canada and China hit back swiftly after Trump's sweeping tariffs took effect Tuesday, raising fears of a global trade war. International markets, meanwhile, continued to slide.

March 04, 2025
|
By:
  • Asma Khalid and
  • Rebecca Rosman
Canadian Prime Minister Justin Trudeau described President Trump's fentanyl accusations as false and said his country would retaliate with trade tariffs phased in over the next month.

Tagged as: 

  • Politics

Canada and China say the fentanyl crisis is only a 'pretext' for Trump's new tariffs

Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."

March 04, 2025
|
By:
  • Brian Mann
A car carrier trailer drive to cross to the U.S. at Otay Commercial port in Tijuana, Mexico on January 31. President Donald Trump's threatened tariffs on Mexico and Canada, set to go into effect on Tuesday, would hurt the Mexican economy — but also hurt auto plants in the U.S.

Tagged as: 

  • Business

Auto industry braces for a blow from 25% tariffs on Canada and Mexico

The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.

March 04, 2025
|
By:
  • Camila Domonoske
President Trump talks to reporters from the Resolute Desk on Jan. 30.

Tagged as: 

  • Analysis

Trump is asserting extraordinary power over independent agencies. Is the Fed next?

The rise and potential fall of independent agencies.

March 04, 2025
|
By:
  • Greg Rosalsky
A photo illustration shows a representation of cryptocurrency coins with the $Trump meme coin (collection coin) in Brussels, Belgium, on Monday.

Tagged as: 

  • Economy

4 things to know about Trump's plan for a 'crypto strategic reserve'

The prospect of a federal strategic reserve is a major step in President Trump's vision to establish the U.S. as the crypto capital of the world and could be a game changer for the industry.

March 04, 2025
|
By:
  • Juliana Kim
Kroger CEO Rodney McMullen has resigned after an investigation into his "personal conduct" found it counter to the company's ethics policy.

Tagged as: 

  • Business

Kroger CEO resigns abruptly after 'personal conduct' investigation

The country's largest supermarket chain is shaking up its leadership after Rodney McMullen had led the company since 2014.

March 03, 2025
|
By:
  • Alina Selyukh
On Feb. 13, a customer walks out of a JOANN Fabric and Crafts store slated to close in Miami, Fla. The company announced it will close all of its roughly 800 stores across 49 U.S. states.

Tagged as: 

  • Economy

Fabric giant Joann is closing down. What happens to those who relied on the retailer?

Joann, the major national retailer of fabric and craft supplies, is going out of business and closing all of its roughly 800 stores. What does that mean for professionals who relied on the chain?

March 03, 2025
|
By:
  • Barry Gordemer and
  • Carla Esteves
File photo shows the Voice of America building in Washington.

Tagged as: 

  • Media

Voice of America bias inquiry sparks concerns of political meddling

Voice of America is reviewing the social media posts of a reporter for possible bias against the Trump Administration. The review is sparking concerns of political meddling.

March 01, 2025
|
By:
  • David Folkenflik
Farmworkers pick cilantro in a field early in the morning mist in Southern California in July 2024.

Tagged as: 

  • National

In child care centers and on farms, businesses are bracing for more immigration raids

The Trump administration's immigration positions — including mass deportation — have put businesses that employ people without legal status on notice.

February 28, 2025
|
By:
  • Ximena Bustillo
  • Load More

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