Tyler Foster
Latest Articles by Tyler Foster
Traders bet Fed holds rates into 2027, with rising odds of a hike next year
Traders bet Fed holds rates into 2027, with rising odds of a hike next year Wall Street’s rate-cut dreams are fading fast. When the Federal...
Rivian paid CEO RJ Scaringe $403M in 2025 despite losses
RJ Scaringe founded Rivian Automotive more than a decade ago on a bet that electric trucks and SUVs could compete with the biggest names in...
Ford expects $1.3B refund tied to Trump-era IEEPA tariffs
Ford Motor Co. stands to collect roughly $1.3 billion from the U.S. government after the Supreme Court struck down tariffs imposed under the International Emergency...
Lammes Candies to close all stores, ending 141-year retail run
By late April 2026, the shelves at Lammes Candies on Airport Boulevard in Austin were nearly bare. Customers lined up to buy whatever remained: boxes...
Pentagon official: Iran war has cost the U.S. $25B so far
The U.S. war with Iran has already burned through $25 billion in taxpayer money, a senior Pentagon official told the House Armed Services Committee on...
Visa profit rises as payment volumes climb on steady consumer spending
Visa Inc. reported fiscal second-quarter net income of $6.0 billion, fueled by a 9% rise in payment volumes and a 12% jump in cross-border transactions,...
AARP says tariff refunds may hinge on class-action lawsuits for shoppers
AARP says tariff refunds may hinge on class-action lawsuits for shoppers Federal courts have struck down the tariffs. Refunds are being processed. But if you...
California Academy of Sciences cuts 53 jobs as deficit widens
The California Academy of Sciences, the sprawling natural history museum and research institution in San Francisco’s Golden Gate Park, has eliminated 53 positions in a...
BP profit more than doubles as oil trading gains on Iran war volatility
BP earned $3.842 billion in the first quarter of 2026, more than double the year-ago figure, after its oil trading desks turned the chaos around...
Duke Energy customers press regulators over proposed 15% rate hike
When the doors opened at the Burke County courthouse in Morganton, North Carolina, on April 28, 2026, more than a dozen residents were already waiting...
GOP backs high-deductible plans as medical debt burdens millions
When her 8-year-old son broke his arm on a school playground in rural Georgia last fall, Sarah Mitchell drove straight to the nearest emergency room....
Foreign automakers warn cheap models may exit U.S. without deal
A new Nissan Versa starts at roughly $17,000, making it one of the last new cars in America that a buyer earning the median income...
Hotter inflation outlook clouds Fed rate-cut path for 2026
Federal Reserve officials walked into their March 18 meeting expecting to debate the timing of rate cuts. They walked out having raised their inflation forecasts...
Mayor Mamdani targets NY hedge fund and private equity tax break
New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin stood together in late April 2026 and asked Albany to do something no...
OpenAI misses revenue and user goals as IPO plans intensify
OpenAI set aggressive internal targets for revenue and user growth as it barreled toward a public offering. It missed both, according to The Wall Street...
Crypto downturn is forcing some traders to cut grocery and daily spend
By the time Bitcoin crested above $100,000 in late 2024, a 23-year-old warehouse worker posting on Reddit’s r/CryptoCurrency forum said he was routing half of...