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Hegseth says he wants the Pentagon to prioritize speed over cost when buying weapons
Defense Secretary Pete Hegseth unveils a major overhaul of military procurement, emphasizing speed and mass production over perfection and bureaucracy.
Trump is ramping up a new effort to convince a skeptical public he can fix affordability worries
After election losses tied to affordability concerns, Trump pivots messaging to emphasize tax cuts, lower drug prices and progress on fighting inflation.
U.S. airlines cancel 1,000+ flights on first day of cuts tied to government shutdown
Anxious travelers across the U.S. felt a bit of relief Friday as airlines mostly stayed on schedule while cutting more than 1,000 flights because of the government shutdown.
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
Despite low unemployment, job seekers face the slowest hiring pace in over a decade as economic uncertainty, tariffs and AI fears stall recruitment.
Boeing won’t face criminal charge over 737 Max crashes that killed hundreds of people
A Texas judge dropped Boeing’s criminal case over two 737 Max crashes that killed 346, approving a $1.1B settlement deal.
US holiday sales expected to rise despite economic uncertainty
NRF forecasts U.S. holiday sales of $1.01–$1.02T, up 3.7–4.2%, even amid inflation, tariffs, and the ongoing government shutdown.
Key executive convicted of defrauding JPMorgan Chase is sentenced to over 5 years in prison
NEW YORK (AP) — A top executive at a startup company that eased the process for college students applying for financial aid was sentenced Wednesday to over five years in prison for cheating JPMorgan Chase in a $175 million acquisition of the company four years ago. The Manhattan federal court sentencing of Olivier Amar came [&[...]
Starbucks union to strike on Red Cup Day over contract
Starbucks union members plan to strike Nov. 13, Red Cup Day, unless the company finalizes a contract amid stalled talks.
US flight cancellations accelerate as airlines comply with government shutdown order
The FAA will cut air traffic by 10% at 40 major U.S. airports, including New York, L.A. and Chicago, amid the government shutdown.
FAA reducing air traffic by 10% across 40 ‘high-volume’ markets during government shutdown
The FAA will reduce U.S. air traffic by 10% starting Friday to maintain safety during the government shutdown as staffing shortages hit air control facilities.
US Steel details plans to invest $11B by 2028
U.S. Steel and new owner Nippon Steel unveiled an $11 billion plan to modernize facilities and boost efficiency, aiming to protect 100,000 U.S. jobs.
Trump may become the face of economic discontent, a year after such worries helped him win big
Voters frustrated with high costs dealt Trump a political setback as Democrats swept major races nationwide, citing affordability as their top concern.
