Business

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President Donald Trump announced Monday, saying the move seeks to penalize Caracas’ socialist regime for deliberately sending tens of thousands of criminals to the United States.

With anecdotes of owners trading in their Teslas amid backlash over CEO Elon Musk’s unelected role as agency dismantler-in-chief for Trump 2.0, don’t be surprised to see a few more of the EVs parked under giant tube men at Chicago-area used car lots this spring.

Elon Musk put a big target on the Social Security Administration in the first weeks of the Trump administration, claiming it is plagued by “immense waste” and promising audits to root out “the extreme levels of fraud.” President Donald Trump said during his joint address to Congress earlier this month that Musk’s U.S. DOGE Service was already “identifying shocking levels of incompetence and probable fraud” at the agency.

23andMe Holding Co. filed bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki.

US manufacturing slipped back into contraction territory this month, plagued by a tariff-related rise in materials costs, while the service sector outlook deteriorated.

Photos of neon-feathered beauties beckon customers through the double doors of My First Bird. Nestled in the corner of a strip mall near Pines Road in the Spokane Valley, this tropical paradise is the only business of its type in the area. Once inside, you are instantly enveloped by the clamorous chirps, shrieks and whistles of 100-plus captivating fliers. In short time, you will likely find yourself shouting out questions to that employee perched behind the counter.

For office landlords, a bad dream that began in March 2020 seems to finally be nearing an end – but only if you’re in well-located, high-end properties in major U.S. markets.

Developers are planning a $15 million apartment building in the West Hills area of Spokane.

The phone started to ring earlier this month with home hunters looking for prospects. Then it snowed in Spokane.

Weren’t mortgage rates supposed to be lower by now? The Federal Reserve slashed the federal funds rate three times at the end of 2024, which raised expectations that the cost of borrowing would drop, too. Instead, 30-year mortgage rates did what no one wanted them to do: They went up. Today, they’re still hovering close to the 7% mark, which is significantly higher than most prospective buyers ...

Alphabet’s (Nasdaq: GOOGL) (Nasdaq: GOOG) Google was recently ranked the third most valuable brand in the world by Brand Finance. The company’s Gmail, YouTube and Google Maps services are widely used and helped Alphabet haul in $72 billion in advertising revenue last year.

The number of Tesla owners trading in their cars surged to a record high in March, compounding the troubles of an automaker that has been embroiled in controversy since CEO Elon Musk became a central figure of President Donald Trump’s administration.

YOSEMITE NATIONAL PARK, Calif. – Olek Chmura parked his blue Chevy truck alongside the El Capitan Meadow, named for its prime view of the “big wall” of granite towering in the distance. Taped to the back window of his camper top, a sign pleaded to “save our parks.”

Job cuts are coming thick and fast from Volkswagen AG. Just since December, it’s announced plans to reduce its German workforce by 35,000 over five years, to cull 1,900 positions at Porsche and 7,500 at Audi, and to shrink its software business by roughly a third.

Tesla Inc. recalled all the Cybertrucks it produced and sold in the first 15 months it’s been on the US market over a safety issue it’s having trouble resolving.