The economic impact of tariffs: How local businesses can plan ahead
Square provides information on the ins and outs of what tariffs are, their potential impact on… Continue Reading
Money and Business
Where is inflation hitting consumers hardest? New data shows which goods and services have seen the biggest price hikes
GoodRx tracked how inflation is hitting consumers across different budget categories, including… Continue Reading
DOGE layoffs may have compromised the accuracy of government data
By Alicia Wallace, CNN
(CNN) — The Consumer Price Index is more than just the most widely used inflation gauge and a measurement of… Continue Reading
Why Tesla now needs the EV tax credit that Musk once said should go away
By Chris Isidore, CNN
(CNN) — It wasn’t long ago that Tesla CEO Elon Musk was advocating for ending the $7,500 tax credit for buyers of… Continue Reading
What do you do when you’re the lone Democrat on Trump’s FCC? You go on tour
By Liam Reilly, CNN
(CNN) — Anna Gomez, soon to be the lone Democrat on the Federal Communications Commission, has been sounding the alarm… Continue Reading
Chips Ahoy and Oreo maker Mondelez sues grocery chain Aldi over similar packaging
By Auzinea Bacon, CNN
(CNN) — Snack brand giant Mondelez is suing grocery chain Aldi, alleging that the grocer’s store-brand snack packaging… Continue Reading
UnitedHealthcare sues The Guardian for looking to ‘capitalize’ on CEO’s murder
By Liam Reilly, CNN
(CNN) — UnitedHealthcare sued The Guardian and its parent on Wednesday for defamation, claiming the US version of the… Continue Reading
Economic Leaders Come Together to Meet the Latest Challenges on the Central Coast
SOLVANG, Calif. – Some of the top economic minds in Santa Barbara County gathered in Solvang today for the 2025 Santa Ynez Valley Economic Summit,… Continue Reading
Rite Aid Closures Impacting Pharmacy Customers
SANTA BARBARA, Calif. – Rite Aid customers across the Central Coast are being notified by phone to fill their prescriptions before local stores shut… Continue Reading
Michaels is expanding its fabric selection following Joann’s collapse
By Jordan Valinsky, CNN
New York (CNN) — Michaels is jumping into the void left by the collapse of Joann, announcing Thursday that it’s… Continue Reading
The Nintendo Switch 2 launches today. Here’s what to know
By Lisa Eadicicco, CNN
New York (CNN) — It’s a big day for Nintendo fans. The gaming giant’s new console, the Switch 2, arrives on store… Continue Reading
Europe cuts interest rates as inflation drops below target
By Anna Cooban, CNN
London (CNN) — The European Central Bank on Thursday cut its main interest rate again, citing slowing price rises.The… Continue Reading
Hooters abruptly closes dozens of restaurants
By Jordan Valinsky, CNN
New York (CNN) — Hooters has abruptly closed dozens of locations just a few months after the chicken wing chain… Continue Reading
Friday’s jobs report could show how much US employers will bend before they break
By Alicia Wallace, CNN
(CNN) — Last June, after almost a full year on the job hunt, Jordan Williams landed a role at a high-growth, United… Continue Reading
What are stablecoins? Everything to know about the crypto being debated in Congress
By John Towfighi, CNN
New York (CNN) — Stablecoins are on the verge of going mainstream, analysts say, as a landmark regulatory bill makes… Continue Reading
EU sounds alarm to China over rare earth export controls
By John Liu and Nectar Gan, CNN
Hong Kong (CNN) — The European Union has urged China to ease restrictions on rare earth materials – critical… Continue Reading
How Trump’s tariffs and other policies are ‘raising hell,’ according to business owners
By Bryan Mena, CNN
Washington (CNN) — In the New England region, a clothing store re-tagged items to be sold during the summer to cover the… Continue Reading
The New State Street Undercrossing Officially Opens in Santa Barbara
The State Street Undercrossing ribbon cutting celebrates new designs and lighting between the waterfront and downtown Santa Barbara. It upgrades… Continue Reading
The Trump administration just doubled the tariffs on steel and aluminum imports. Here’s what that means
WDJT, KFVS, CNN
By Chris Isidore, CNN
(CNN) — US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move… Continue Reading
Private-sector firms added just 37,000 jobs in May, the lowest total in more than two years
By Alicia Wallace, CNN
(CNN) — High economic uncertainy has hiring grinding to a halt at US businesses.Job growth slowed for the second… Continue Reading