Business

The Trump administration said Tuesday that it is providing a $1 billion loan to Constellation Energy to help restart the nuclear reactor at the former Three Mile Island plant in Pennsylvania.Constellation reached an agreement in late 2024 with Microsoft to restart the 835-megawatt reactor, which ceased operations in 2019 but wasn't fully decommissioned, and would offset the electricity consumption of Microsoft's data center. The other unit at the power plant, which […]

More than half of homes in the U.S. lost value over the past year, marking the highest share of properties to depreciate in more than a decade. Research from Zillow revealed that approximately 53% of all U.S. homes have lost value since last year, up 14% from a year ago. It's notable given that a share this big has not been seen since the tail end of the Great Recession – […]

As the holiday season approaches, every major company and brand in the country will be putting together activations and campaigns.For Toyota, its annual Toyotathon sales event is all about slashing prices, but it also has an NFL tie. At least, Green Bay Packers fans made it that way when they noticed something oddly specific about their star quarterback.Since 2023, Jordan Love has thrived during Toyotathon. This year, Toyota took notice […]

Honda announced Tuesday that it is recalling roughly 256,000 Accord Hybrid vehicles in the U.S. due to a software glitch that could cause "loss of power while driving," increasing the risk of a crash or injury.The recall covers certain Honda Accord Hybrids between the 2023 and 2025 model years, the supplier said in a press release."Due to a software error, the integrated control module (ICM) central processing unit (CPU) may […]

The so-called affordability crisis is nearly overshadowing massive Wall Street betting on whether the Fed will cut its target rate a quarter point at its next meeting December 9 and 10 — because some Fed heads have been mouthing off about inflation and buying into the lefty media’s attack on President Trump. In the last few trading sessions, investors have been selling because they think there will be no rate cut. Baloney.First […]

Almost everything has lined up for bonds lately.The Federal Reserve has been cutting interest rates. Jobs growth and consumer spending are slowing, keeping hopes for further cuts alive, but not pointing to an imminent recession that would threaten corporate balance sheets. Inflation pressure has continued to moderate, despite fears that President Trump’s tariffs will drive prices higher.The widely tracked Bloomberg U.S. Aggregate Bond Index has returned around 6.7% in 2025, accounting for […]

Panera Bread is launching a multimillion-dollar initiative to overhaul its operations to boost traffic and reverse years of stagnant sales growth. Panera, one of many fast-casual restaurants contending with a challenging landscape, announced its transformation strategy on Tuesday, dubbed "Panera RISE," which is focused on refreshing the menu, boosting its value proposition and customer experience by enhancing the look of its restaurants and expanding its network. The company aims to use this […]

Billionaire investor Bill Ackman unveiled a plan on Tuesday he says would help the Trump administration meet its goals for Fannie Mae and Freddie Mac, the two giant mortgage companies still under government control since the 2008 financial crisis.Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises that sit at the heart of the U.S. housing-finance system.Rather than making home loans directly […]

Property taxes in the Windy City are freezing over, and one Chicago city leader is making a plea for brands and businesses to bring back their headquarters and alleviate homeowners’ frostbite."The reason that our property taxes have gone up astronomically is because of the legislation that's coming out of the Illinois Statehouse, specifically the SAFE-T Act, that has made us a lot less safe," resident and ChicagoRED founder Patricia "P-Rae" […]