ECONOMY
Business Desk
Live- Economy
OPEC+ keeps oil output policy unchanged for October
The meeting of seven core OPEC+ members comes as the Iran war continues to disrupt oil exports through the Strait of Hormuz, limiting OPEC+'s influence over prices and market share.
Republican Ledger staff · 1:18 PM ET
- Economy
Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage — with no prenup in place: report
Chip Wilson, whose net worth is valued at $6.1 billion, and his wife Shannon "Summer" Wilson are calling it quits, according to a report.
Republican Ledger staff · 11:22 PM ET
- Economy
California-based diner chain files for Chapter 11 bankruptcy after 36-year run
It's not the first restaurant chain to go the Chapter 11 route as of late.
Republican Ledger staff · 10:30 AM ET
- Economy
Lululemon shares plunge 17% as retailer slashes outlook ahead of CEO handoff
Shares of the pricey yoga pants-maker plunged nearly 18% on Friday to an eight-year low after weak Americas sales forced it to slash its full-year outlook.
Republican Ledger staff · 3:51 PM ET
- Economy
America’s population of 401(k) millionaires hits record high — thanks to strong market
The number of 401(k) millionaires has soared to a record high -- buoyed by a strong stock market and robust employee contributions.
Republican Ledger staff · 3:00 PM ET
- Economy
FIFA boss Gianni Infantino targeted by Times Square billboard demanding his ouster
The digital display, which went live at 6 a.m. at the corner of Broadway and 43rd, flashed messages including "FIFA DESERVES A LEADER NOT A DEALER."
Republican Ledger staff · 1:24 PM ET
- Economy
Dutch Bros expands SoCal empire with new sprawling South Bay location
A three-lane drive-thru is planned for the LA-area outpost.
Republican Ledger staff · 12:03 PM ET
- Economy
OpenAI CEO Sam Altman says 38K ChatGPT queries only use amount of water it takes to grow an almond
The billionaire tech leader was discussing rampant backlash online against AI companies during an appearance on a Tuesday episode of the new “Sources” podcast with host Alex Heath.
Republican Ledger staff · 11:59 AM ET
- Economy
Job growth rebounded in August with solid gains
The Labor Department released the August 2026 jobs report on Friday, with Bureau of Labor Statistics data showing solid job gains last month.
Republican Ledger staff · 8:31 AM ET
- Economy
National average price for diesel hits new record high amid Iran conflict
The AAA national average price for diesel fuel has reached a new record high of $5.85 as of Sept. 4, 2026, beating the prior record from June 2022.
Republican Ledger staff · 6:08 AM ET
- Economy
Popular squishy toys recalled over potentially deadly water bead hazard
More than 15,000 popular squeeze toys containing water beads face recalls as federal regulators warned of choking and death hazards for children.
Republican Ledger staff · 12:57 AM ET
- Economy
Goldman Sachs exec touts Dallas' 'really bright future' as new campus takes shape
Ericka Leslie says Goldman Sachs sees Dallas as a growth opportunity, citing vibrant talent pools along the Katy Trail and the Texas Stock Exchange.
Republican Ledger staff · 3:04 PM ET
- Economy
Mortgage rates jump to highest level in over a year
The average rate on a 30-year fixed mortgage rose this week to 6.71%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.
Republican Ledger staff · 12:22 PM ET
- Economy
AI infrastructure investment projected to top $31T by 2050
PwC projects AI infrastructure investment will reach $31.6 trillion by 2050, with the U.S. alone accounting for nearly half of global spending.
Republican Ledger staff · 4:27 PM ET
- Economy
Treasury yields hover near multi-year highs as energy prices and government debt fuel bond sell-off
The 10-year Treasury yield hit its highest level since November 2023 as energy prices and government debt concerns fuel a global bond market selloff.
Republican Ledger staff · 2:30 PM ET
- Economy
Uber to cut thousands of jobs in sweeping restructuring effort
The ride-hailing giant's CEO said Uber is cutting management layers, consolidating teams and requiring most remote workers to relocate to key office hubs.
Republican Ledger staff · 1:56 PM ET
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