The San Diego City Council agreed Tuesday to raise the minimum wage for some hospitality workers in the city to $25 an hour, phased in over several years.
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California’s biggest pension fund and markets around the world learned to live with President Trump’s tariff threats. CalPERS gained 11.6% on investments in 2024-25.
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The Pangaea Chula Vista Sports Entertainment District would include a tennis center, three hotels with up to 700 rooms (in the project's first phase), a multiple-use stadium, a 300,000-square-foot retail area, two golf courses, an IMAX theater and other amenities.
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Consumer prices were up 2.7% from a year ago — a larger annual increase than the month before.
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The private crew included Ax-4 mission commander and former NASA astronaut Peggy Whitson. It was her fifth trip to space and extended her record-setting duration to 695 days, the most of any American.
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President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.
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Stablecoins are meant to be a safer type of cryptocurrency. Now, Congress is preparing some rules around it.
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In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
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Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.
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The case, which stems from a deadly crash in 2019, raises broader questions about the safety of Tesla's driver-assistance systems and whether the company has exaggerated their capabilities.
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