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91-year-old supermarket chain closes stores, lays off employees
Raley's, a 91-year-old supermarket chain, is closing multiple stores in California, including locations in the Bay Area and Petalu
topicTop Retailers Report More Than $5 Billion In Tariff Refunds. They’re Mostly Keeping The Money.
Major US retailers have received over $5 billion in tariff refunds and most are choosing to keep the money. The refunds are a resu
topicTrump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway
In June, Trump made significant changes to his portfolio, selling stocks like Meta and buying Berkshire Hathaway. This reshuffling
topicThere isn't just one AI bubble, strategist says
Apple is cutting over 200 jobs within its Siri AI and Vision Pro teams as part of a major reshuffle. This occurs while some analys
topicFDA upgrades massive egg recall to highest-risk warning over salmonella concerns
The FDA has upgraded a large-scale egg recall to Class I status, the agency's highest risk category, due to salmonella concerns. T
topic'Where's the bottom': Economics professor addresses Seattle area's shrinking job market
Starbucks is laying off 224 employees from its Seattle headquarters, including tech roles, as the company concludes a restructurin
topicPro Farmer estimates 2026 U.S. corn crop at 15.344 billion bushels; soybeans at 4.572 billion bushels
Pro Farmer estimates the 2026 U.S. corn crop at 15.344 billion bushels and the soybean crop at 4.572 billion bushels. These final
topicFerrari's first EV sells for staggering $40M at Monterey auction
An 87-year-old billionaire from Florida purchased Ferrari's first electric vehicle, the Luce, for $40 million at a Monterey auctio
Iconic West Coast beer brand Stone Brewing to leave SoCal while laying off hundreds of workers
Stone Brewing is laying off over 200 employees and moving its production out of San Diego County, California. The company, an icon
topicTrump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
Matt Zames, former JPMorgan Chase executive, has joined the Social Security Administration as an unpaid advisor to help with moder
topicStock Market News, Aug. 17, 2026: 30-Year Treasury Yield Hits Fresh High
The US bond market is showing signs of distress as the 30-year Treasury yield hit 5.31%, the highest level since 2007. While risin
topicOpenAI is gaining on Anthropic with business users, new data indicates
OpenAI is increasing its share of business users and closing the gap with Anthropic, according to data from Ramp. While the compan
topicWalmart stock drops 9% as sales growth slows, customers make 'trade-offs' amid high fuel costs
Walmart stock dropped 9% as the company reported its slowest sales growth in over six years. High fuel costs are forcing customers
topicSpaceX Stock Gets Another Sell Rating. Why It Could Fall 25%.
SpaceX stock is declining after 319 million new shares entered the market. The stock has fallen below its IPO price, with some ana
topicBitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
Bitcoin is approaching $80,000 following a 22% weekly surge, marking its strongest weekly rally since 2024. This price action coin
topicBig Manufacturers Find New Demand in Equipping AI Data Centers
The growth of AI infrastructure is driving demand for industrial assets and manufacturing equipment beyond data centers. Large man
topicModerna shares surge as melanoma vaccine with Merck succeeds in large trial
An experimental personalized mRNA vaccine developed by Moderna and Merck successfully completed Phase 3 clinical trials. This mile
topicAmerica's capital crunch: Soaring debt collides with AI spending spree
The United States is facing a capital crunch as massive spending on artificial intelligence and defense fuels a growing debt crisi
topicTesla recalls nearly 3m vehicles in China over door handle safety risks
Tesla is recalling nearly 3 million vehicles in China to address safety risks associated with flush door handles and driver monito
topicS&P 500 falls, hurt by elevated global bond yields and oil prices: Live updates
The S&P 500 fell as elevated global bond yields and oil prices pressured equities. Semiconductor stocks led a tech sell-off at the
topicThe simple fixes conservatives say could make life cheaper for Americans
Conservatives are suggesting several simple fixes to make life cheaper for Americans, amid an affordability crisis. The proposals
topicCases of ‘scromiting’ condition tied to cannabis use spike among teens, young adults: New study
A recent study has found a significant increase in cases of 'scromiting', a condition characterized by severe vomiting, among teen
topicPublix rolls out major change to express checkout lanes
Publix has changed its express checkout lane policy, ditching the longtime rule of 10-items or less. The new policy does away with
topicOil Bulls Take Control as Iran Deal Collapses and Hormuz Stays Restricted
Oil prices have jumped to a three-week high amid rising tensions between the US and Iran, with the collapse of the Iran deal and r