Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the...
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Economy
Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment...
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Trump’s tariffs on Brazil could make your coffee even more expensive
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier...
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Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of...
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Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs...
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Waymo offers teen accounts for driverless rides
Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company...
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Is a Chinese chain’s blood orange cold brew the future of coffee in America?
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can...
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Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price...
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