Potential Valero Refinery Closure Leaves Benicia, State Officials Scrambling to Pick Up Pieces | KQEDValero's potential closure of the Benicia refinery could severely impact California's oil supply and local economy.
4 Issues Exacerbating the Looming AI Chip Shortage | HackerNoonThe AI chip shortage is driven by raw material scarcity and increased demand for computing power.Understanding the supply chain dynamics is crucial for managing future AI chip production bottlenecks.
Meta Faces Major Problem Amid TariffsMeta's ad revenue is at risk of losing $7 billion due to U.S. tariffs on China.
Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to Empty Shelves'Trump's tariff policy may shift due to concerns from major retailers over supply chain disruptions.
AGs from 12 states sue Trump administration over illegal tariffs and overreachNew York and a coalition of states are suing the Trump administration over allegedly illegal tariffs imposed under the International Emergency Economic Powers Act.
12 States Sue Trump Over His TariffsStates challenge Trump tariffs, claiming only Congress can legislate tariffs.Lawsuit highlights the economic harm caused by the president's tariff policies.
Could Trump's tariffs give a green light for corporate profiteering?Consumers are becoming accustomed to rising prices, and tariffs may exacerbate inflation expectations, leading companies to increase prices.
US vehicle supply falls as shoppers panic-buy cars to avoid Trump's auto tariffsInventory of new and used vehicles in the US is rapidly depleting, driven by customers buying before impending tariffs raise prices.
Meta Faces Major Problem Amid TariffsMeta's ad revenue is at risk of losing $7 billion due to U.S. tariffs on China.
Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to Empty Shelves'Trump's tariff policy may shift due to concerns from major retailers over supply chain disruptions.
AGs from 12 states sue Trump administration over illegal tariffs and overreachNew York and a coalition of states are suing the Trump administration over allegedly illegal tariffs imposed under the International Emergency Economic Powers Act.
12 States Sue Trump Over His TariffsStates challenge Trump tariffs, claiming only Congress can legislate tariffs.Lawsuit highlights the economic harm caused by the president's tariff policies.
Could Trump's tariffs give a green light for corporate profiteering?Consumers are becoming accustomed to rising prices, and tariffs may exacerbate inflation expectations, leading companies to increase prices.
US vehicle supply falls as shoppers panic-buy cars to avoid Trump's auto tariffsInventory of new and used vehicles in the US is rapidly depleting, driven by customers buying before impending tariffs raise prices.
Why Apple needs Tim Cook more than ever in the age of TrumpTim Cook should remain Apple CEO until at least January 2029 to navigate economic turmoil and supply chain challenges.
Hairdresser fears she could lose home over tax hikesKerry Larcher, a salon owner, faces severe financial challenges due to rising taxes, risking her business and home.
Tax red tape's huge cost to small firms revealed in new report - London Business News | Londonlovesbusiness.comSmall businesses incur nearly £25 billion yearly in tax compliance costs, causing increased stress for owners.The average small business dedicates significant time and financial resources to tax compliance.
Hairdresser fears she could lose home over tax hikesKerry Larcher, a salon owner, faces severe financial challenges due to rising taxes, risking her business and home.
Tax red tape's huge cost to small firms revealed in new report - London Business News | Londonlovesbusiness.comSmall businesses incur nearly £25 billion yearly in tax compliance costs, causing increased stress for owners.The average small business dedicates significant time and financial resources to tax compliance.
Airlines' turbulent start to the year shows why budget carriers are racing to overhaul their business modelsMajor airlines emphasize premium cabins as essential for revenue amid economic uncertainty, while budget carriers are gradually adopting similar strategies.
L.A.'s office market takes a hit amid trade wars, fires and economic uncertaintyTenant demand is weak, causing high office vacancies in Los Angeles, giving tenants more negotiating power against landlords.
Too Rich for TariffsNew York City's luxury real estate market demonstrated resilience despite initial fears from Trump's tariffs.
L.A.'s office market takes a hit amid trade wars, fires and economic uncertaintyTenant demand is weak, causing high office vacancies in Los Angeles, giving tenants more negotiating power against landlords.
Too Rich for TariffsNew York City's luxury real estate market demonstrated resilience despite initial fears from Trump's tariffs.
These Are the Jobs Where Pay is Falling the FastestInflation has severely impacted the purchasing power of American workers despite recent wage growth.
Just 111 companies have cost the world $28 TRILLION in climate damageA study identifies 111 companies responsible for $28 trillion in climate damage, highlighting the role of fossil fuel companies in the climate crisis.
Can the legal system catch up with climate science?The study estimates economic damages caused by emissions using models linking climate impact to financial costs.
Exclusive | EPA chief Lee Zeldin blasts NY green energy law as 'delusional' and a 'catastrophe'Critics argue New York's Climate Act lacks a feasible implementation plan, risking economic hardship for vulnerable populations.
Just 111 companies have cost the world $28 TRILLION in climate damageA study identifies 111 companies responsible for $28 trillion in climate damage, highlighting the role of fossil fuel companies in the climate crisis.
Can the legal system catch up with climate science?The study estimates economic damages caused by emissions using models linking climate impact to financial costs.
Exclusive | EPA chief Lee Zeldin blasts NY green energy law as 'delusional' and a 'catastrophe'Critics argue New York's Climate Act lacks a feasible implementation plan, risking economic hardship for vulnerable populations.
London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggestsThe departure of millionaires from London poses a serious economic challenge for the UK.
Trump Dismisses Raising Taxes on the Rich Because a Lot of the Millionaires Would Leave the Country'Trump opposes tax hikes on high earners, citing potential negative impact on revenue if wealthy individuals leave the country.
Republicans say Central Valley congressman voted for higher taxes. Is it true?Gray voted against a Republican budget plan that could lead to tax cuts for the wealthy, not a direct tax increase.
London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggestsThe departure of millionaires from London poses a serious economic challenge for the UK.
Trump Dismisses Raising Taxes on the Rich Because a Lot of the Millionaires Would Leave the Country'Trump opposes tax hikes on high earners, citing potential negative impact on revenue if wealthy individuals leave the country.
Republicans say Central Valley congressman voted for higher taxes. Is it true?Gray voted against a Republican budget plan that could lead to tax cuts for the wealthy, not a direct tax increase.
Car crashes in S.F. cost billions, report revealsSan Francisco's vehicle crashes cost $2.5 billion over five years, calling for urgent safety improvements.
Major Tennis Tournament, the Laver Cup, Coming to Chase Center In SeptemberThe Laver Cup will debut in San Francisco at Chase Center, an exciting event for the local tennis community.
Car crashes in S.F. cost billions, report revealsSan Francisco's vehicle crashes cost $2.5 billion over five years, calling for urgent safety improvements.
Major Tennis Tournament, the Laver Cup, Coming to Chase Center In SeptemberThe Laver Cup will debut in San Francisco at Chase Center, an exciting event for the local tennis community.
U.S. Cities Losing the Most Time to Traffic Congestion, and Costing Themselves MillionsU.S. drivers average 43 hours in traffic yearly, costing $771 each; congestion is worst in the Northeast, notably in New York City.
Traffic Congestion Is Holding Back the Economy in These Massive CitiesU.S. drivers are spending an increasing amount of time in traffic, costing them economically and impacting productivity.
Council approves new plan to ease Toronto congestion, create 'traffic czar' | CBC NewsToronto city council approved measures to address traffic congestion, including a new 'traffic czar' position.
U.S. Cities Losing the Most Time to Traffic Congestion, and Costing Themselves MillionsU.S. drivers average 43 hours in traffic yearly, costing $771 each; congestion is worst in the Northeast, notably in New York City.
Traffic Congestion Is Holding Back the Economy in These Massive CitiesU.S. drivers are spending an increasing amount of time in traffic, costing them economically and impacting productivity.
Council approves new plan to ease Toronto congestion, create 'traffic czar' | CBC NewsToronto city council approved measures to address traffic congestion, including a new 'traffic czar' position.
US: States sue Trump administration over tariffs policy DW 04/23/2025States are suing the Trump administration over its tariff policy, claiming it is unlawful and disruptive to the economy.
Trump's Bad Poker HandTrump's trade policies misguide public perception, creating economic turmoil beyond just a confrontation with China.
Opinion: NYC Must Budget for Trump's ChaosNew York City's budget must adapt to economic challenges posed by the Trump administration's policies, particularly impacting tourism and local businesses.
How Have DOGE Cuts Affected Prince George's and Charles Counties?Federal job cuts under Trump are threatening the economic stability of wealthy Black communities.
US: States sue Trump administration over tariffs policy DW 04/23/2025States are suing the Trump administration over its tariff policy, claiming it is unlawful and disruptive to the economy.
Trump's Bad Poker HandTrump's trade policies misguide public perception, creating economic turmoil beyond just a confrontation with China.
Opinion: NYC Must Budget for Trump's ChaosNew York City's budget must adapt to economic challenges posed by the Trump administration's policies, particularly impacting tourism and local businesses.
How Have DOGE Cuts Affected Prince George's and Charles Counties?Federal job cuts under Trump are threatening the economic stability of wealthy Black communities.
Kathy Hochul, Letitia James join lawsuit against Trump over tariffs in latest clash with prezNew York officials are legally challenging Trump's tariffs, labeling them as a significant tax hike causing economic turmoil.
Russian oil prices are sliding. That's not enough to stop Putin's war machine - yet.Global oil prices have declined significantly following Trump's tariff announcement, impacting Russian crude oil revenues.
California Files Lawsuit Against Trump to Block TariffsCalifornia challenges Trump's tariffs, asserting he lacks unilateral authority under the International Economic Emergency Powers Act.
Kathy Hochul, Letitia James join lawsuit against Trump over tariffs in latest clash with prezNew York officials are legally challenging Trump's tariffs, labeling them as a significant tax hike causing economic turmoil.
Russian oil prices are sliding. That's not enough to stop Putin's war machine - yet.Global oil prices have declined significantly following Trump's tariff announcement, impacting Russian crude oil revenues.
California Files Lawsuit Against Trump to Block TariffsCalifornia challenges Trump's tariffs, asserting he lacks unilateral authority under the International Economic Emergency Powers Act.
Increasing number of healthy NYC buildings land in special servicingEven well-performing office properties face financial distress due to economic fluctuations and rising interest rates.
Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-OffMortgage rates are inching towards 7% amid rising Treasury yields, influenced by global trade tensions, with a notable increase seen this month.
Increasing number of healthy NYC buildings land in special servicingEven well-performing office properties face financial distress due to economic fluctuations and rising interest rates.
Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-OffMortgage rates are inching towards 7% amid rising Treasury yields, influenced by global trade tensions, with a notable increase seen this month.
Only 3,000 staff quit SAP after 10,000 earmarked for cutsSAP has seen 3,000 employees leave due to restructuring and is adapting to global economic uncertainties caused by US tariffs.
Mortgage demand drops, but ARM applications hit recent peakMortgage rates surged, causing a notable drop in refinancing and purchase activities, reflecting borrower hesitation amidst economic uncertainty.
Mortgage demand sinks 13% as rates soarMortgage application activity fell last week due to rising rates, with refinance applications down significantly.
Mortgage demand drops, but ARM applications hit recent peakMortgage rates surged, causing a notable drop in refinancing and purchase activities, reflecting borrower hesitation amidst economic uncertainty.
Mortgage demand sinks 13% as rates soarMortgage application activity fell last week due to rising rates, with refinance applications down significantly.
Fires, tariffs and high interest rates: L.A. housing construction plunged at start of yearHousing construction in Los Angeles dropped nearly 57% in Q1 2025, exacerbating the city's affordability crisis.
Education Department Restarting Loan Collections for First Time Since 2020The U.S. Department of Education is restarting student loan collections, including wage garnishments, affecting millions of borrowers facing financial hardship.
Millions of Student Loan Borrowers Are Behind on PaymentsThe federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.
Trump Administration to resume collections on student loan borrowers in defaultThe U.S. Department of Education will resume collections of defaulted student loans beginning May 5 after a five-year pause.
Student loans in default to be referred to debt collection, Education Department saysThe Education Department is resuming collections on defaulted student loans, allowing wage garnishments starting May 5, 2024.
Education Department Restarting Loan Collections for First Time Since 2020The U.S. Department of Education is restarting student loan collections, including wage garnishments, affecting millions of borrowers facing financial hardship.
Millions of Student Loan Borrowers Are Behind on PaymentsThe federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.
Trump Administration to resume collections on student loan borrowers in defaultThe U.S. Department of Education will resume collections of defaulted student loans beginning May 5 after a five-year pause.
Student loans in default to be referred to debt collection, Education Department saysThe Education Department is resuming collections on defaulted student loans, allowing wage garnishments starting May 5, 2024.
Markets Slump on Persistent Concern That Tariffs Will Hurt GrowthPresident Trump's trade war is impacting global markets, leading to declines in stocks and major currencies.
Opinion: Oregonians can't afford the Trump administration's costly trade warsEconomic warning signs are alarming, with significant stock losses and rising costs impacting Oregon families due to tariff wars.
On a Planet All by Himself': CNN's Harry Enten Warns Trump of Consequences of Historic Stock Market FreefallPresident Trump has led the largest S&P 500 decline of any president, with predictions of a recession in the near future.
Markets Slump on Persistent Concern That Tariffs Will Hurt GrowthPresident Trump's trade war is impacting global markets, leading to declines in stocks and major currencies.
Opinion: Oregonians can't afford the Trump administration's costly trade warsEconomic warning signs are alarming, with significant stock losses and rising costs impacting Oregon families due to tariff wars.
On a Planet All by Himself': CNN's Harry Enten Warns Trump of Consequences of Historic Stock Market FreefallPresident Trump has led the largest S&P 500 decline of any president, with predictions of a recession in the near future.
How Immigrant Entrepreneurs Build Lasting BusinessesImmigrant entrepreneurs significantly contribute to economic growth, owning a large share of new businesses and driving innovation despite rising anti-immigrant sentiment.
Deepfake-enabled fraud caused more than $200 million in lossesDeepfake-driven fraud resulted in $200 million in losses in Q1 2025, indicating a significant threat.
Unlike everyone else, Americans and Britons still shun the officeThe rapid shift back to in-office work reveals tensions between managers and remote work preferences.
Which countries most love working from home?The backlash against remote work has led to many companies demanding employees return to the office.
Unlike everyone else, Americans and Britons still shun the officeThe rapid shift back to in-office work reveals tensions between managers and remote work preferences.
Which countries most love working from home?The backlash against remote work has led to many companies demanding employees return to the office.
Perfect Storm Of Events Are Happening Right Now: For Future Boston Condo Sellers Boston Condos For Sale Ford RealtyThe Boston real estate market presents unique selling opportunities amidst the current economic uncertainty.
Can tax credits save California's film and TV industry? Here's what legislators have proposedHollywood's film and television industry is at risk due to production companies relocating for lower costs.
In a difficult year being unemployed, I learned what success really means | Sunil BadamiFreelancers face significant challenges in job hunting, with declining opportunities and changes in employment laws affecting contract work.
Famed AI researcher launches controversial startup to replace all human workers everywhere | TechCrunchMechanize aims for the full automation of all work, sparking significant controversy and debate.
17 Americans Are Revealing How Their Everyday Lives Look After Trump's Presidency BeganTrump's presidency has created feelings of instability and anxiety for many Americans.
The top 10 US airlines of 2025, rankedUS airlines face a slow summer travel season due to economic factors and rising ticket prices, with Spirit Airlines ranked highest for affordability and reliability.
Hobby Inflation Is HereRising costs of hobbies like shooting clays impact accessibility, community, and skill development.
SFO's dominant carrier scales back flights as recession loomsUnited Airlines anticipates a potential recession impacting domestic air travel and plans to reduce capacity during peak season.
Is the US dollar at risk of a confidence crisis'?Investors are losing faith in the US dollar due to unpredictable trade policies and the potential for a recession.
Big Tech has officially entered its quantum era - here's what it means for the industry2025 is considered a pivotal moment for advancements in quantum technology, attracting significant investment and interest.Major tech companies are betting heavily on quantum advancements amidst dwindling overall tech investments.
Trump's popularity in his first quarter is lower than that of any other presidentAmericans largely disapprove of Donald Trump's performance, marking him as a deeply polarizing figure in recent politics.
To Avoid Electrocution In PR And Marketing, Approach AI-Powered Tools As AccelerantsAI tools can enhance PR and marketing but shouldn't replace human expertise and oversight.
Battling Eat and Flee' Tourists, Venice Brings Its Entrance Fee BackVenice introduces entrance fee to combat short-term tourism and protect local economy.
Helicopter Deaths, Fast and Slow - Streetsblog New York CityHelicopter noise from joyrides has significant financial and social costs, culminating in $60 million in noise-related impacts over five years.
Battling Eat and Flee' Tourists, Venice Brings Its Entrance Fee BackVenice introduces entrance fee to combat short-term tourism and protect local economy.
Helicopter Deaths, Fast and Slow - Streetsblog New York CityHelicopter noise from joyrides has significant financial and social costs, culminating in $60 million in noise-related impacts over five years.
Popular Steam Game Lowers DLC Price Due To Everything Else Getting More ExpensiveEverspace 2's upcoming expansion price decreased due to economic conditions, reflecting developers' understanding of player financial concerns.
The 10 most expensive US cities for commuting by car, rankedReturn-to-office policies are increasing commuting costs for workers in various cities.
5 Ways Artificial Intelligence Can Help Democratize Access to Quality Education | HackerNoonQuality education's rising cost stems from access issues, not just price.53% of children globally affected by learning poverty impact economic growth.Distance, funding, and educator shortage are primary barriers to education access.
How mobile casinos are redefining the UK's gaming economy - London Business News | Londonlovesbusiness.comMobile casino platforms are transforming the UK's gaming sector and economy.They enhance user experience with innovative technologies and features.
Universal Epic Studios Orlando Opening in May 2025: Photos | EntrepreneurEpic Universe, opening on May 22, is the first new major U.S. theme park in 25 years, promising economic impact and job creation.
Car rental startup Turo cuts 15% of workers after icing IPOTuro Inc. is cutting 150 jobs, representing 15% of its workforce, after withdrawing IPO plans amid economic uncertainty.
JPMorgan: How Small and Mid-Sized Businesses Make Healthcare Decisions - MedCity NewsMany small to mid-sized businesses are discontinuing health insurance coverage due to rising costs, risking employee health benefits.
The reason Brits will have to pay more for chocolate at all major supermarketsChocolate prices are expected to rise due to poor cocoa harvests and extreme weather.
Mexico's Reliance on U.S. Natural Gas Could Be Its Achilles' HeelMexico fears a trade war with the U.S. could lead to blackouts due to energy dependency.