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Jobs report takes pressure off Fed to cut rates

Business / Business News /

Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.

U.S. employers added 147,000 jobs last month, exceeding estimates, while the unemployment rate ticked lower to 4.1%, according to the Bureau of Labor...Read more

Sam Panthaky/Getty Images North America/TNS

3 weeks after Air India Boeing 787 crash, industry waiting for answers

Business / Business News /

Three weeks after an Air India Boeing 787 crashed into a medical hostel in the northwestern Indian city of Ahmedabad, killing 241 of the 242 people on board and likely more than a dozen on the ground, investigators are piecing together what went wrong.

Aviation regulators from India, the U.S. and the U.K., where the London-bound flight was ...Read more

Stephen Brashear/Getty Images North America/TNS

Microsoft layoffs a reminder -- WA's job market can melt down

Business / Business News /

With Microsoft's latest layoffs Wednesday, the quickening contraction of Seattle-area tech is starting to feel like previous industry meltdowns, when mounting job losses signaled deep disruptions in the regional economy.

Since May, Microsoft has announced around 15,000 layoffs, including 4,000 in Washington, as the Redmond-based company ...Read more

Andrew Harnik/Getty Images North America/TNS

What killing tax credits means for the electric vehicle market

Business / Business News /

The Trump administration’s plan to scrap federal incentives for electric vehicles will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.

On Thursday, Republicans in the U.S. House sent a bill to President Donald Trump’s desk that kills tax credits of up to $7,500 for EV ...Read more

Chip Somodevilla/Getty Images North America/TNS

Bondi made changes to DOJ policy. Her former client Pfizer might have benefited

Business / Business News /

For the past several years, pharmaceutical giant Pfizer has been under investigation by the U.S. Department of Justice for potential foreign corruption violations related to its activities in China and Mexico, according to the company’s financial filings.

But that appears to have changed after the Trump administration tapped Pam Bondi — ...Read more

Doug Duran/Bay Area News Group/TNS

California's former insurance commissioner wants oil and gas companies to pay for the home insurance crisis

Business / Business News /

As destructive wildfires have ravaged California over the past decade, the insurance industry has dropped hundreds of thousands of homeowners statewide, raised their premiums, and, in some cases, stopped writing new home policies anywhere in the state.

Few understand the crisis better than Dave Jones, the former California insurance ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

10,000 acres of prime land sitting vacant in Las Vegas Valley: report

Business / Business News /

Approximately 10,000 acres of prime land that could be developed are sitting vacant in Southern Nevada, according to a new study.

A total of 31,650 tax lots, encompassing 78,285 undeveloped or underutilized acres, with 10,000 of those acres considered prime for residential and commercial development potential are available in the region, ...Read more

Ricardo Torres-Cortez/Las Vegas Review-Journal/TNS

Las Vegas short-term rental group challenges enforcement of rules

Business / Business News /

A group of Clark County, Nevada, property owners has filed a federal lawsuit in U.S. District Court against the county and state challenging the government’s ability to enforce restrictions on providing short-term rentals to visitors to Southern Nevada.

The Greater Las Vegas Short-Term Rental Association and several of its individual members ...Read more

Jerod Harris/Getty Images North America/TNS

Inside CBS News: Fear, anger and a silver lining after Paramount-Trump settlement

Business / Business News /

For months, CBS News has been roiled with trepidation that parent company Paramount Global would write a big check to make President Donald Trump's $20 billion lawsuit go away.

On Tuesday night, those fears came true.

Paramount Global agreed to pay $16 million to settle Trump's legal salvo against "60 Minutes" over the editing of an interview ...Read more

Bob Andres/Atlanta Journal-Constitution/TNS

Amid UPS struggles, shipper makes first-ever plans to offer buyouts to drivers

Business / Business News /

UPS is making plans to offer buyouts to its drivers for the first time ever, prompting staunch opposition from the Teamsters union.

The potential buyouts for the drivers of its iconic brown package cars comes as UPS has announced plans to slash tens of thousands of management and other jobs and automate more of its business as it slogs through ...Read more

Allison Mawn/The Atlanta Journal-Constitution/TNS

I just graduated college. Will I be able to buy a house like my parents did?

Business / Business News /

Since graduating college in May, I’ve been thinking about my future a lot. One question has stood out: Am I going to be able to buy a home like my parents did less than 30 years ago?

Pretty much everywhere, home prices have climbed in recent years. The median price for metro Atlanta, which spans multiple counties, grew from $190,634 in April ...Read more

Justin Sullivan/Getty Images North America/TNS

Why the trucking industry celebrated a star moment amid Republicans' EV policy rollbacks

Business / Business News /

WASHINGTON — As the Republican campaign to halt ambitious electric vehicle policies mostly spotlighted the cars and light trucks in personal garages and driveways across the country, a less-discussed part of the auto industry celebrated a center-stage moment last month.

"The trucking industry has America's back, and we are grateful that a ...Read more

Chase Stevens/Las Vegas Review-Journal/TNS

Dealers' advice on cheap used cars: Buy them while you still can

Business / Business News /

Pete Kelly, the used car manager at Jim Marsh Kia and Jim Marsh Chrysler Jeep in Las Vegas, hasn’t bought a used car for less than $20,000 at auction in over two years, and it’s not for lack of trying.

Since the pandemic, he said, there are fewer options for used cars under $20,000 and he’s having to compete with national chains willing ...Read more

James Lipman/Nissan/TNS

Auto review: Struttin' down the runway in the stylish, Nissan Murano

Business / Business News /

FARMINGTON HILLS, Michigan — You don’t so much drive the Nissan Murano as wear it. It’s a fashion statement.

Even coated in salt from a days’ drive across Metro Detroit’s wintry tundra, my Aurora Blue Pearl Metallic Murano looked ready for the Detroit Auto Show Charity Preview. Bezeled silver roofline like a Saarinen arch, muscular ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Honda Ridgeline Trailsport exceeds consumer expectations

Business / Business News /

When the Ridgeline entered Grasso’s Garage for the first time back in 2023, we recognized a mid-sized truck that had the ability to handle a lot of chores and things around the house. Fit for the honey-do list but with tons of comfort and style, the Ridgeline adds an additional trim level to enhance its capability and utility. I give you the ...Read more

Honda/TNS/TNS

Auto review: 2026 Honda CR-V TrailSport values fashion over function

Business / Business News /

With more than 400,000 units sold last year, the Honda CR-V is among America’s most-popular compact SUVs. Of course, a true off-road enthusiast will wince upon hearing the CR-V called an SUV. This is more the suburban family-friendly wagon that overcomes inclement weather than a true boulder basher.

Yet Honda’s announcement of a TrailSport ...Read more

Real estate Q&A: Does HOA's definition of commercial vehicle override state law?

Business / Business News /

Q: Our community does not allow “commercial vehicles” to remain overnight. However, the association documents define what a commercial vehicle is differently from our city, and the state has yet another definition. The Board is attempting to have the homeowner remove his “commercial vehicle,” as defined in our documents; however, ...Read more

Shari L. Gross/The Minnesota Star Tribune/TNS

Black Friday-like sales are now in summer too, as Target, Best Buy compete with Amazon Prime Days

Business / Business News /

America’s big retailers, including Best Buy and Target, continue to lean into big mid-summer events to boost sales as the back-to-school season begins.

Amazon Prime Days is the impetus for the dayslong sales, but each retailer has done things to stand out.

“We try to do everything that is the best of who Best Buy is, so it’s the mixture ...Read more

Leila Navidi/The Minnesota Star Tribune/TNS

Inside a Minnesota Amazon warehouse, new state law puts spotlight on worker safety

Business / Business News /

SHAKOPEE, Minnesota — About 20 workers at the Amazon fulfillment center in this suburb southwest of Minneapolis gathered around a supervisor early one morning before starting another shift.

Yelling above all the commotion of a 855,000-square-foot facility, the manager told workers they were in for another busy day before he launched the group...Read more

Justin Sullivan/Getty Images North America/TNS

Tesla sales continue to slide amid competition and backlash against Elon Musk

Business / Business News /

As Elon Musk scrambles to restore Tesla's reputation and deliver on promises of autonomous driving technology, vehicle sales for the company continued to fall last quarter.

Tesla delivered 384,122 vehicles in the quarter through June, down 13% from 443,956 deliveries a year ago.

The drop in deliveries is a result of increased competition, ...Read more