NEW YORK (AP) — American shoppers are expected to spend more during this holiday shopping season than last year, according to the 2025 forecast from the National Retail Federation. The forecast estimates that shoppers will collectively spend between $1.01 trillion and $1.02 trillion in November and December, an increase of 3.7 percent to 4.2 percent [...]
TOKYO (AP) — Honda last week reported that its profit for the first half of its fiscal year, which ended Sept. 30, fell 37 percent from the previous year, as the damage from President Donald Trump’s tariffs offset the lift from solid motorcycle sales, company officials said. Honda Motor Co., which employs more than 4,000 [...]
WASHINGTON (AP) — Near the end of his first term, President Donald Trump signed into law a bill that aimed to reduce pollutants emitted by refrigerators and air conditioners. The bipartisan measure brought environmentalists and major business groups into rare alignment on the issue of climate change and won praise across the political spectrum. Five [...]
DALLAS (AP) — Boeing will not face a criminal conspiracy charge due to two 737 Max jetliner crashes that killed 346 people, after a federal judge in Texas last week granted the federal government’s request to dismiss the case. As part of a deal to drop the charge, the American aerospace company has agreed to [...]
A 208-year-old publication that farmers, gardeners and others keen to predict the weather have relied on for guidance will be publishing for the final time. Farmers’ Almanac last week said that its 2026 edition will be its last, citing the growing financial challenges of producing and distributing the book in today’s “chaotic media environment.” Access [...]
NEW YORK (AP) — The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk last week won a shareholder vote that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade. The vote followed weeks of debate over his management [...]
NEW YORK (AP) — Peloton is recalling nearly 878,000 of its exercise bikes across the United States and Canada because the products’ seat posts can break during use, posing fall hazards. According to notices published by the U.S. Consumer Product Safety Commission and Health Canada last week, the recall covers certain “Peloton Original Series Bike+” [...]
WASHINGTON (AP) — President Donald Trump last week unveiled a deal with drugmakers Eli Lilly and Novo Nordisk to expand coverage and reduce prices for the popular obesity treatments Zepbound and Wegovy. Known as GLP-1 receptor agonists, the drugs have soared in popularity in recent years, but patient access has been a consistent problem because [...]
HONG KONG (AP) — China’s exports contracted in October, hit by a 25 percent drop in shipments to the United States, the government reported last week. Persisting trade tensions with Washington may get a respite in the final quarter of the year after President Donald Trump and Chinese leader Xi Jinping last month agreed to [...]
A federal court judge is allowing the Trump administration to reconsider a federal permit that was granted to a Massachusetts offshore wind farm days before the president’s inauguration. Developer SouthCoast Wind last week said it’s assessing the decision and possible next steps, including the pursuit of legal remedies. SouthCoast Wind is a project planned for [...]