Costco says customers could stay cautious due to inflation and tariffs. ‘When it rains, it rains on everyone,’ CEO says. - MarketWatch

Treasury’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’ - New York Post

Treasury Secretary Scott Bessent stood by President Trump’s policy plans during a speech delivered to top economists on Thursday.

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power - CNBC

Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.

Tariffs or not, frustrated SF Mexican restaurants still forced to change menus - SFGATE

The White House has paused 25% tariffs on Mexican goods just two days after enacting them, sending SF Mexican restaurants into a tailspin.

A Bitcoin Reserve Launch? What To Expect From Friday's White House Crypto Summit - Investor's Business Daily

When Europe needed it most, the Ariane 6 rocket finally delivered - Ars Technica

“For this sovereignty, we must yield to the temptation of preferring SpaceX.”…

CFPB Backs Down: No Lawsuit for JPMorgan, BofA, and Wells Fargo Over Zelle Fraud - UP Excise Portal

The CFPB has dropped its lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo over Zelle fraud, sparking concerns about consumer protection. With over $870 million lost to scams since 2017, experts warn that P2P payments remain risky. Learn how to…

Bessent defends Trump tariffs: American dream doesn’t mean access to ‘cheap goods’ - The Hill

Treasury Secretary Scott Bessent defended President Trump’s global trade tariffs on Thursday at the Economic Club of New York, explaining that the Trump administration’s “America First trade policy” involves more than low prices. “Access to cheap goods is not…

Kroger Stock Pops Into Buy Range On Earnings Beat - Investor's Business Daily

Kroger earnings showed a less-than-feared decline as online grocery sales grow.

Investors are acting like recession may strike - Business Insider

The S&P 500 and the small-cap Russell 2000 have plunged. As risk appetite fades, yields have come down amid rising calls for a 2025 US recession.

Elon Musk is officially $122 billion poorer than his peak—As Tesla stock erases almost all of its election rally - Forbes Australia

The recent stock market slump took a sizeable chunk out of the net worth of the world’s richest man and Tesla founder Elon Musk.

Taco Bell Has 14 (!) New Menu Items & I Want EVERYTHING - Delish

Flamin' Hot Burrito? Umm yes, please!

Trump says he's not even looking at stock market, tariffs will make U.S. 'very strong' - CNBC

Tariff decisions have 'nothing to do' with the stock market, President Donald Trump said Thursday.

New San Francisco meme takes over social media - SFGATE

On social media, San Franciscans can't stop talking about imaginary tunnels for cars, whales and trips to their favorite taquerias.

Starbucks Shares Fall As CEO Pushes For Accountability During Reorganization, Layoffs: What's Going On? - Benzinga

Starbucks shares are trading lower Thursday following reports suggesting the company is reorganizing to hold leadership more accountable for financial and operational improvements.

FTC Challenges Medical Device Coatings Deal - Federal Trade Commission News

The Federal Trade Commission today sued to block GTCR BC Holdings, LLC’s (GTCR) acquisition of Surmodics, Inc.