Economy
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Tesla stock drops 8% after Musk starts third party amid Trump feud
Tesla shares dropped about $26 each since Thursday’s close, to $289.75
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UPS slashes 20,000 jobs and offers voluntary buyouts to drivers
The American parcel company is looking to cut costs after reducing Amazon deliveries.
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Strong job growth puts Federal Reserve in a pickle as Trump's pressure escalates
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
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Conservative Amazon alternative to go public
The platform is an online marketplace made up of vendors whom the company has vetted as abiding by core conservative principles.
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US economy added roughly 200,000 jobs in June, Labor Department report
The unemployment rate fell to 3.6% from 3.7%, resulting in a five-decade low, according to reports.
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UPS strike draws closer as negotiations between company and Teamsters Union falter
If the Teamsters decide to strike, it would be one of the largest in U.S. history.
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Bud Light turns to Travis Kelce to win back customers after conservative boycott
Anheuser-Busch blamed the disastrous Mulvaney campaign on an ad agency, but also placed several marketing executives on leave amid the boycott.
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Sheetz lowers gas prices to $1.776 per gallon for 4th of July
"We hope this discount helps our customers keep a little more change in their wallets as they travel to celebrate the 4th of July with friends and family, with an obvious nod to our nation’s birthday," said Travis Sheetz.
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UPS Teamsters threaten strike if contract not reached by July 5
"Every UPS Teamster expects this by July 5 or we will be ready to strike," part-time UPS Teamster Cesar Castro said.
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U.S. poverty increased for first time in 10 years due to pandemic
The national poverty rate has not increased since the wake of the 2008 recession.
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Starbucks union calls strike over Pride displays, but company calls it misinformation
Many of the demonstrators carried signs and wore shirts with the phrase, "Workers rights are trans & queer rights."
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Anheuser-Busch says, 'We hear you,' pledges to give money to wholesalers as Bud Light sales tank
"We are a beer company, and beer is for everyone," Anheuser-Busch CEO Brendan Whitworth said.
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Bud Light loses top-selling U.S. beer spot to Mexico's Modelo Especial after Dylan Mulvaney debacle
Bud Light sales fell 24.4%, putting the St. Louis-based beer in second place as it accounted for 7.3% of all beer sales in America.