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Ford, GM likely scratching heads over latest White House message

During his 2024 presidential campaign, President Donald Trump had a moment of self-awareness when he gave his unique speaking style an official name: the weave. According to Trump, the weave is when he “talks about nine different things and they all come back brilliantly together.” But it isn’t just him who has noticed it. Trump […]

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Apple announces store closures amid major retail problem

Just months after temporarily shuttering all its retail stores in the United Arab Emirates amid escalating geopolitical tensions, Apple is making another significant adjustment to its retail footprint, this time in the U.S. The technology giant has confirmed plans to permanently close three Apple Store locations in three states later this month. While the closures

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White House sends blunt message to Warsh as Fed rate fears rise

The White House is rapidly pushing forward with its longtime campaign for drastically lower interest rates to ensure Fed Chair Kevin Warsh gets the message as his first policymaking meeting looms. President Donald Trump, in an oft-confrontational interview with NBC News’ “Meet the Press,” blasted the growing consensus from Main Street to Wall Street that

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National mall footwear giant closes 82 stores as shoppers trade up

If you think inflation means stores are dropping prices to win consumers back, think again. One of America’s historic footwear giant is actually betting on higher-priced products, and closing stores at your local malls. The way we buy shoes has radically transformed. Stiff dress shoes have been replaced by versatile comfort, according to the US

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New study: Purchasing power is shrinking across the country

Consumers feel the “pinch” of inflation when prices rise faster than income, and Florida residents are the hardest hit. A recent study from the fintech company SensaPay estimated that from 2023 to 2026, Floridians lost the equivalent of $8,222 in income to increasing costs on a range of necessary expenses, including housing, insurance, healthcare, groceries

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