Business News
Sprinkles Cupcakes Founder Reveals Company Abruptly Closed All Locations
Pastry chef Candace Nelson, who sold Sprinkles to a private equity firm in 2012, said all locations closed on Dec. 31.
USPS Clarifies Postmark Timing, Operational Changes Raise Deadline Concerns
A federal clarification on postmark timing is prompting warnings for voters and taxpayers who rely on mailed documents to meet legal deadlines.
Americans Will See Effects of National Economic Policy Shifts in 2026: Expert Outlines What to Expect
Rod D. Martin, the founder and CEO of Martin Capital, discussed shifts in U.S. federal policies and global dynamics going into 2026.
Italy Says US Has Sharply Cut Proposed Pasta Tariffs
In October, the United States said that 13 Italian pasta companies would face an extra 92 percent duty.
US Grants TSMC Annual Licence to Import Chipmaking Tools Into China
South Korea's Samsung Electronics and SK Hynix have also received similar import licences.
Trump Delays Tariff Hike on Furniture, Cabinets by 1 Year
The delay postpones a scheduled increase from 25 percent to higher rates on upholstered furniture, kitchen cabinets, and vanities, originally set for Jan. 1.
Here’s What Farmers Can Expect to Receive in Payments From Trump’s Aid Package
The president unveiled the $12 billion package this month to ease the strain on farmers stemming from the U.S.-China trade war.
What's Open and Closed on New Year's Day 2026
National chains that are closed for New Year's Day include Trader Joe's, Aldi, Costco, and Sam's Club.
Warren Buffett Steps Down as CEO of Berkshire Hathaway After 60 Years
The 95-year-old has served as CEO for 60 years.
US Stocks on Track for 3rd Year of Gains
Three straight years of double-digit gains is relatively rare, happening only five times since the 1940s.
China Imposes Curbs on Beef Imports
The measure takes effect on Jan. 1 for three years, with the total quota set to increase annually.
China's Currency Hits 15-Month-High Against Dollar
Official records show the RMB has reached its strongest level against the dollar in 15 months.
China to Allocate $8.9 Billion for Trade-In Program to Boost Domestic Consumption
China plans to allocate nearly $9 billion in subsidies for its consumer goods trade-in program next year in an effort to boost domestic spending.
Meta to Acquire Chinese-Founded AI Startup Manus for Over $2 Billion
Meta is set to buy Manus, a Chinese-founded AI startup known for its autonomous 'AI agents' that can handle complex digital tasks with minimal instructions.
Billionaires Threaten to Leave California Over Proposed Wealth Tax
Billionaires and entrepreneurs in Silicon Valley are reacting to a new tax proposal in California that targets the wealthy.
Federal Reserve Minutes Reflect Ongoing Divergence Over Interest Rates
Monetary policymakers continued debating whether employment or inflation were greater risks to the U.S. economy.
Former IBM Chief Louis Gerstner Dies at 83
IBM’s current CEO credited Gerstner with reshaping the company during a period of crisis.
Starbucks Ends 2025 With Hundreds Fewer Stores, More Changes Ahead in 2026
The coffee chain plans to launch a variety of new food and beverage offerings next year.
Costco Offers Rare Limited-Time Incentive for New Members as Year-End Deadline Approaches
Under the current promotion, prospective members choosing the Gold Star membership tier receive a $40 Digital Costco Shop Card, while those opting for the Executive membership level unlock a $60 Digital Costco Shop Card.
Trump Admin Launches $50 Billion Rural Health Transformation Program
Authorized under the One Big Beautiful Bill Act, the initiative aims to undo decades of declining rural health outcomes without rolling out new infrastructure.
Sprinkles Cupcakes Founder Reveals Company Abruptly Closed All Locations
Pastry chef Candace Nelson, who sold Sprinkles to a private equity firm in 2012, said all locations closed on Dec. 31.
USPS Clarifies Postmark Timing, Operational Changes Raise Deadline Concerns
A federal clarification on postmark timing is prompting warnings for voters and taxpayers who rely on mailed documents to meet legal deadlines.
Americans Will See Effects of National Economic Policy Shifts in 2026: Expert Outlines What to Expect
Rod D. Martin, the founder and CEO of Martin Capital, discussed shifts in U.S. federal policies and global dynamics going into 2026.
Italy Says US Has Sharply Cut Proposed Pasta Tariffs
In October, the United States said that 13 Italian pasta companies would face an extra 92 percent duty.
US Grants TSMC Annual Licence to Import Chipmaking Tools Into China
South Korea's Samsung Electronics and SK Hynix have also received similar import licences.
Trump Delays Tariff Hike on Furniture, Cabinets by 1 Year
The delay postpones a scheduled increase from 25 percent to higher rates on upholstered furniture, kitchen cabinets, and vanities, originally set for Jan. 1.
Here’s What Farmers Can Expect to Receive in Payments From Trump’s Aid Package
The president unveiled the $12 billion package this month to ease the strain on farmers stemming from the U.S.-China trade war.
What's Open and Closed on New Year's Day 2026
National chains that are closed for New Year's Day include Trader Joe's, Aldi, Costco, and Sam's Club.
Warren Buffett Steps Down as CEO of Berkshire Hathaway After 60 Years
The 95-year-old has served as CEO for 60 years.
US Stocks on Track for 3rd Year of Gains
Three straight years of double-digit gains is relatively rare, happening only five times since the 1940s.
China Imposes Curbs on Beef Imports
The measure takes effect on Jan. 1 for three years, with the total quota set to increase annually.
China's Currency Hits 15-Month-High Against Dollar
Official records show the RMB has reached its strongest level against the dollar in 15 months.
China to Allocate $8.9 Billion for Trade-In Program to Boost Domestic Consumption
China plans to allocate nearly $9 billion in subsidies for its consumer goods trade-in program next year in an effort to boost domestic spending.
Meta to Acquire Chinese-Founded AI Startup Manus for Over $2 Billion
Meta is set to buy Manus, a Chinese-founded AI startup known for its autonomous 'AI agents' that can handle complex digital tasks with minimal instructions.
Billionaires Threaten to Leave California Over Proposed Wealth Tax
Billionaires and entrepreneurs in Silicon Valley are reacting to a new tax proposal in California that targets the wealthy.
Federal Reserve Minutes Reflect Ongoing Divergence Over Interest Rates
Monetary policymakers continued debating whether employment or inflation were greater risks to the U.S. economy.
Former IBM Chief Louis Gerstner Dies at 83
IBM’s current CEO credited Gerstner with reshaping the company during a period of crisis.
Starbucks Ends 2025 With Hundreds Fewer Stores, More Changes Ahead in 2026
The coffee chain plans to launch a variety of new food and beverage offerings next year.
Costco Offers Rare Limited-Time Incentive for New Members as Year-End Deadline Approaches
Under the current promotion, prospective members choosing the Gold Star membership tier receive a $40 Digital Costco Shop Card, while those opting for the Executive membership level unlock a $60 Digital Costco Shop Card.
Trump Admin Launches $50 Billion Rural Health Transformation Program
Authorized under the One Big Beautiful Bill Act, the initiative aims to undo decades of declining rural health outcomes without rolling out new infrastructure.
