The U.S. economy will be hampered by the Trump administration's tariffs in the coming months, which along with interest rate cuts could lead to a "stagflation-lite" scenario of modestly elevated inflation and unemployment, according to the UCLA Anderson Forecast released Wednesday.

The fourth-quarter estimate also predicts that rising layoffs ...Read more

General Motors Co. more than doubled its electric vehicle sales in the third quarter compared to the same period a year ago, while increasing its overall U.S. sales by 7.7%.

The Detroit automaker sold 710,347 vehicles — the most of any automaker — in the July-September period. That included 66,501 EVs, which were up 107% year-over-year. The...Read more

Sales of Ford Motor Co.'s electric vehicles surged in the third quarter, contributing to an 8.2% increase in U.S. sales for the July-September period.

The up-to-$7,500 federal tax credit for plug-in vehicles expired on Tuesday, resulting in a burst of EV buying activity before consumers lost their chance. Ford EV sales rose 85% in September and...Read more

Minimum-wage earners in Florida will take home bigger paychecks as of Tuesday.

The state’s minimum wage increased by $1 per hour, as it has each year for the last five years, to $14. Tipped employees also received a base hourly pay bump to $10.98, plus tips.

Back in 2020, Floridians voted to gradually increase the state’s wage floor, then ...Read more

On Monday, YouTube became the latest media and tech company to settle one of President Donald Trump's lawsuits.

The Google-owned streamer agreed to pay $24.5 million to settle a lawsuit Trump filed after his account was banned following the Jan. 6, 2021, riots at the U.S. Capitol. That brings Trump's haul from media and tech companies to more ...Read more

As the country lurches from the Biden administration — perhaps the most pro-labor White House in American history — to the ferociously anti-labor Trump administration, one agency stands in the way of the transition.

It's the National Labor Relations Board, created in 1935 as a quintessential New Deal regulatory agency. Unfortunately for ...Read more

Payrolls at U.S. companies unexpectedly dropped in September, due at least in part to issues with data analysis.

Private-sector payrolls decreased by 32,000 after a revised 3,000 decline a month earlier, according to ADP Research data released Wednesday. The figure was below all estimates in a Bloomberg survey of economists.

ADP periodically ...Read more

Target is rolling out new self-checkout kiosks designed for blind and low-vision shoppers — and the retailer isn’t keeping the technology to itself.

The Minneapolis-based company says the “first-of-its-kind” stations are now in 200 stores and will expand to all locations by early 2026. Target has chosen not to patent the tactile ...Read more

Be prepared.

That’s the Boy Scouts motto, and even though I dropped out of scouting when I was a cub scout, I’ve always tried to be prepared.

Compiling a toolkit to keep in my vehicle is something I love to do. I’m not a master mechanic, so I don’t carry a huge toolbox, but I want to be prepared if there’s a situation that might ...Read more

EDEN PRAIRIE, Minnesota — Agiliti has invested more than $35 million to develop a next-generation hospital bed, one that fits the needs of all kinds of patients and the health care workers taking care of them.

The company that rents and services hospital equipment has moved into manufacturing its own bed after years of handling models from ...Read more

Police in San Bruno, California, were patrolling for drunk drivers when they observed a car traveling erratically.

But this couldn't be chalked up to an impaired or distracted driver. There wasn't anyone behind the wheel at all.

Officers were bewildered to see the car — a self-driving Waymo robotaxi — make an illegal U-turn at a traffic ...Read more

The U.S. government agreed to acquire a stake in Lithium Americas Corp., Secretary of Energy Chris Wright said, giving a boost to the Canadian company as it develops its Thacker Pass lithium project in Nevada.

The U.S. will take a 5% stake in the Vancouver-based company, as well as a 5% stake in the company’s mining project of the largest ...Read more

When Amazon.com Inc. recruited longtime Microsoft Corp. product chief Panos Panay in 2023 to run its devices division, his new colleagues thought the e-commerce giant was preparing to take its consumer gadget line upscale.

Panay pushed back on the idea during an all-hands meeting with thousands of engineers from the Alexa, Echo and Fire TV ...Read more

Responding to the Trump administration‘s hampering of federal regulators, Gov. Gavin Newsom on Tuesday signed a bill greatly expanding California’s power over workplace disputes and union elections.

The legislation, Assembly Bill 288, gives the state authority to step in and oversee union elections, charges of workplace retaliation and ...Read more

In the latest salvo between Hollywood and artificial intelligence companies, tech start-up Character.AI has removed many Disney characters from its chatbot platform after the Burbank entertainment giant sent the firm a cease-and-desist letter, alleging copyright infringement.

Chatbots on the Character.AI platform impersonated well-known Disney ...Read more

Nintendo of America will advance to the next level with a leadership change after its president and chief operating officer, Doug Bowser, retires at the end of the year.

Nintendo of America, the Redmond, Washington-based subsidiary of Japanese video game company Nintendo, will promote two insiders to take the helm. Satoru Shibata will be CEO, ...Read more

The Federal Trade Commission is suing Zillow and Redfin for allegedly conspiring to eliminate competition for rental housing listings.

In a lawsuit filed Tuesday in the United States District Court for the Eastern District of Virginia, the FTC claims the real estate giants violated federal antitrust laws by entering into an illegal agreement to...Read more

The city of Los Angeles is exploring what would happen if the minimum wage of workers on residential construction projects was raised to more than $32 an hour.

At Tuesday morning's city council meeting, councilmembers Curren Price and Hugo Soto-Martinez introduced a motion to have the city commission a study on the effects of establishing a $32...Read more

Lockheed Martin Marietta has been a fixture in Cobb County, Georgia, for more than seven decades. And that hasn’t been by accident.

As American military needs have changed, so have the defense and aerospace contractor’s manufacturing lines and workforce training to make sure that the site and its 5,600-member team remain prepared for what�...Read more

The White House came to farmers’ rescue during President Donald Trump’s first trade war.

This second time around: A bailout isn’t so simple.

That’s because this summer, Trump’s big tax and spending bill drained the Commodity Credit Corporation (CCC), a $30 billion financing arm of the U.S. Department of Agriculture (USDA), to instead...Read more