Business

Business
Rivian Beats Q4 Expectations and Targets Major Production Surge in 2026

Rivian Beats Q4 Expectations and Targets Major Production Surge in 2026

Rivian surpassed Wall Street’s fourth-quarter expectations and unveiled ambitious 2026 production targets, aiming to significantly increase deliveries with the launch of its highly anticipated R2 SUV.

Business
Trump Tariffs Trigger Record $3.5 Billion Customs Bond Shortfall for U.S. Importers

Trump Tariffs Trigger Record $3.5 Billion Customs Bond Shortfall for U.S. Importers

U.S. importers face a record $3.6 billion customs bond shortfall as Trump-era tariffs drive up trade costs. Federal data shows bond insufficiencies have doubled since 2019, putting pressure on supply chains and import financing.

Business
Spirit Airlines Sells 20 Aircraft and Recalls 500 Flight Attendants Ahead of Spring Travel

Spirit Airlines Sells 20 Aircraft and Recalls 500 Flight Attendants Ahead of Spring Travel

Spirit Airlines has sold 20 aircraft and recalled 500 flight attendants as part of a restructuring effort ahead of spring break travel. The move signals a strategic shift to stabilize operations and improve financial performance.

Business
U.S. Economy Adds 130,000 Jobs in January as Unemployment Drops to 4.3%

U.S. Economy Adds 130,000 Jobs in January as Unemployment Drops to 4.3%

The U.S. economy added 130,000 jobs in January — far above expectations — while unemployment dipped to 4.3%. New BLS revisions also reveal that 2025 job growth was much weaker than initially reported.