Simone Del Rosario
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NYC rakes in $49 million in January from congestion tolls. Trump says it’s ‘DEAD’
New York’s congestion pricing program generated $48.6 million in January, the Metropolitan Transportation Authority (MTA) announced Monday, Feb. 24. But the controversial policy intended to reduce traffic has been declared “dead” by the Trump administration. The toll charges most vehicles $9 during peak hours driving south of 60th Street in Manhattan. It took effect on… -
Starbucks slashes 1,100 corporate jobs, tells execs to be in office 3 days
The federal government isn’t the only major employer trimming headcount. On Monday, Feb. 24, Starbucks CEO Brian Niccol announced the company would cut 1,100 corporate employees this week. In a letter to employees, Niccol said the company would notify affected workers by midday Tuesday, Feb. 25. The job cuts do not affect baristas and in-store… -
Coinbase says SEC is dropping its lawsuit, ‘righting a major wrong’ for crypto
The Trump administration is set to drop a Biden-era lawsuit against Coinbase, the company announced Friday, Feb. 21. The decision comes as President Donald Trump promises to make the United States “the crypto capital of the planet.” Coinbase said Securities and Exchange Commission (SEC) staff agreed to drop the case, “righting a major wrong.” Commissioners… -
CEO confidence soars to highest level in 3 years in Trump’s first weeks
Confidence among chief executives shot up to levels not seen in three years during President Donald Trump’s first weeks in the White House. The Conference Board’s measure of CEO confidence went up nine points in the first quarter of 2025. Any measure above 50 reflects more positive than negative responses. In the latest survey of… -
Is gold missing at Fort Knox? Trump and Musk want to make sure it’s all there
President Donald Trump wants to ensure the nation’s 147 million ounces of gold are still housed at Fort Knox. The increased interest in the gold depository comes as Elon Musk puts it in the Department of Government Efficiency’s sights. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold… -
Why Walmart’s signal of a slowdown has investors on edge
Walmart’s stock sank Thursday morning, Feb. 20, after the company announced lower-than-expected profit growth expectations for the upcoming year. Walmart said the projections did not factor in possible tariffs. Within the first 30 minutes of trading on Feb. 20, Walmart’s stock fell nearly 7%, even though Walmart’s quarterly earnings beat expectations. Walmart said it saw… -
More Americans now disapprove of how Trump is handling the economy
President Donald Trump’s approval rating dropped slightly after just shy of one month in the White House. Concerns about the economy are weighing the president down. Forty-four percent of respondents approve of the job Trump has done so far, according to the latest Reuters/Ipsos poll taken from Feb. 13 to 18. His approval fell one… -
Delaware weighs changes to business court after high profile companies leave
Lawmakers in Delaware proposed changes to the state’s corporate law structure as some high-profile companies look to move out of the state. The bipartisan bill would limit the impact of shareholder lawsuits. Delaware has long been America’s corporate headquarters. In 2024, a Delaware judge sided with a Tesla shareholder and struck down a $56 billion… -
Leadership shift at the National Archives as Trump looks to clean house
The remaining lead archivist of the National Archives is walking out the door, as are several senior staff members, according to multiple media reports. Sources told The Washington Post William “Jay” Bosanko announced his retirement on Friday, Feb. 14. The departures come as White House officials make it clear they want to clean house at… -
India commits to doubling trade with US after meeting with Trump
The United States and India committed to a massive increase in trade on Thursday, Feb. 13. The leaders of the two nations announced the agreement the same day President Donald Trump signed a memo applying “reciprocal tariffs” on all trading partners. “We have also set ourselves the target of more than doubling our bilateral trade… -
Elon Musk says he’ll drop his $97 billion OpenAI bid on one condition
Full Story Elon Musk’s investor group claims it will withdraw its $97.4 billion bid to buy ChatGPT-maker OpenAI if OpenAI drops its plan to shift to a for-profit model. However, the company said it’s not for sale and called the offer “an improper bid to undermine a competitor.” “If OpenAI, Inc.’s Board is prepared to… -
Inflation back up to 3%, a bad sign for near-term rate cuts
Full Story Consumer prices rose at a faster pace than expected in January, the Bureau of Labor Statistics reported Wednesday, Feb. 12. The 3% annual rise in inflation was the highest since June 2024 and follows an increase of 2.9% in December. On the month, prices rose 0.5%, the highest monthly rise since August 2023.… -
What Powell said to the Senate about interest rates, tariffs and debanking
Federal Reserve Chair Jerome Powell made his semiannual trip to the U.S. Capitol Tuesday, Feb. 11. In his testimony in front of the Committee on Banking, Housing, and Urban Affairs, the head of the central bank addressed tariffs, debanking, and interest rate cuts. The Federal Reserve has a dual mandate of maintaining price stability and…
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Reuters
Questions surround ICE detention of Univ. of Minnesota graduate student
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Mike Stobe via Getty Images
MLB says the Yankees’ ‘Torpedo’ bat conforms to league regulations
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Reuters
Trump’s ‘not joking’ about potential 3rd term, despite constitutional barriers
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REUTERS/Adam J. Dewey/NurPhoto
Minority Lyft drivers ‘unequivocally’ profiled by law enforcement: Study
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