Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi
Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket under a federal court ruling.
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Westfield Plaza Bonita sold for $201.5M
New owners plan to improve the South Bay shopping center with enhanced entrances and customer areas, as well as expand the mall’s dining options
State AGs expand consumer work as prices rise and Trump guts federal protections
Trump administration has sought to limit authority granted to states to enforce financial services protections.
Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
The Trump Administration has announced changes to the Community Reinvestment Act, a law that requires regulators to document how well banks do in lending to low-to-middle income neighborhoods.
US economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
The economy expanded at a sluggish 1.5% pace from April-June as imports weighed on growth, and inflation remains above the Fed’s target.
Malls, once symbols of American consumer culture, are splitting. Some are dying as others thrive
The fall of the American mall has long been chronicled. But the decaying site of the Livingston Mall in New Jersey underscores how dramatically shopping has changed in the 21st century.
The Federal Reserve is expected to keep rates unchanged for now despite high prices
Federal Reserve policymakers are losing patience with inflation, but they are expected to keep the benchmark interest rate unchanged.
Paramount delays closing Warner buyout while judge considers states’ challenge
The move arrives just days after U.S. District Judge Araceli Martínez-Olguín granted a temporary restraining order requested by the states to freeze the transaction for several weeks.
Earnings at Musk’s car company fall as research spending cuts into profit from selling cars
Spending on research and development surged about 49% from a year earlier to $2.37 billion.
California ranks as nation’s 15th best business climate. Who’s No. 1?
Even with all the grumbling about its economic environment, the state’s economy keeps outperforming the critics.