Economy

Citadel CEO Ken Griffin challenged AI hype among top CEOs and warned that socialism, high taxes and poor services are driving finance out of blue states.

San Francisco's only PetSmart location on Geary Blvd. is closing July 19, directing pet owners to the Daly City store and online delivery options.

The White House says the first Freedom Fuel gas station has opened in Philadelphia, offering gasoline for about 50 cents below the statewide average as part of a broader rollout.

Costco has expanded its digital wallet feature, allowing members to link any Visa card to the Costco app for faster checkout at registers.

It would completely cripple what’s left of Iran’s already decimated economy

FOMC minutes reveal policymakers debated rate hikes amid scenarios where AI demand, the Middle East conflict or tariffs keep inflation elevated.

New data shows 44 San Francisco homes sold over $1 million above asking price in June as the AI boom fuels fierce luxury market bidding wars.

Honda is recalling 325,588 Odyssey vehicles from model year 2018-2020 over issues with rearview image displays, increasing the risk of a crash.

Oregon's PUC approved a 29% rate hike on data centers under the POWER Act, while residential customers will see bills drop by an average of 1.3%.

Investor Brad Gerstner says he expects over $100 billion in private commitments within 12 months as Corporate America backs Trump Accounts for children.

USPS will increase the price of a Forever stamp on July 12 after federal regulators approved a new round of mailing service price increases.

Labor Department IG Anthony D'Esposito says investigators have issued dozens of subpoenas in the first major H-1B and PERM visa fraud probe.

Monthly mortgage payments are projected to decline 1.9% as home price growth slows below inflation, giving buyers more negotiating power in 2026.

Mars Petcare says two lots of Pedigree dog food were fraudulently diverted and sold after being sent for destruction over metal and plastic contamination.

It will add growth to the GOP message ahead of the midterms

Gallup data reveals 62% of laid-off workers were AI non-users, yet only 1% of respondents cited AI or automation as the primary reason for job cuts.

A calendar quirk means SSI beneficiaries will receive two payments in July, with the second going out July 31 due to August 1 falling on a Saturday.