Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Julio Aguilar | Getty Images For decades, Major League Baseball has stood alone among the major U.S. sports leagues as the only one without a salary cap. Team owners may test […]
MLB weighs a salary cap as potential lockout looms in 2026 Read More »
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Mortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a swift pace. Mortgage rates follow loosely the yield on the 10-year Treasury. Some speculate
Here’s how China could crush the U.S. housing market Read More »
Sam’s Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane. Sam’s Club DALLAS, Texas — Walmart-owned Sam’s Club plans to supercharge its expansion by opening about
As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year Read More »
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Canada’s 25% auto tariffs took effect Wednesday on U.S.-produced vehicles and many parts in American cars and trucks, but the new levies differ in important
Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S. Read More »
A Walmart Supercenter in Burbank, California, on Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images DALLAS, Texas — Walmart on Wednesday pulled its outlook for operating income in the first quarter, citing uncertainty about the potential impact of sweeping tariffs on China, Vietnam and other key sources of goods across
Walmart pulls quarterly operating income forecast, citing Trump’s tariffs Read More »
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.”
Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast Read More »
A pedestrian passes the seal of the Office of the Comptroller of the Currency (OCC) displayed outside the organization’s headquarters in Washington, D.C., U.S., on Wednesday, March 20, 2019. Andrew Harrer | Bloomberg | Getty Images The Office of the Comptroller of the Currency on Tuesday said that a February hack of its email systems
U.S. financial regulator says email hack exposed sensitive data on banks Read More »
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates hit their highest level in over a month this week, reversing course after a period of improvement. The average rate on the 30-year fixed rate jumped 22 basis points Monday and another 3
Mortgage rates slingshot higher as tariff uncertainty roils markets Read More »
Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images As tariffs roil the U.S. economy, Walmart may find safety in a new part of its business that’s driving more store traffic and online sales:
Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record
‘Minecraft’ box office jolt offers hope for the summer slate Read More »
