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The headquaters of US auto company General Motos (GM) in Detroit, Michigan.Uli Deck | Picture Alliance | Getty ImagesDETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits.The impacted employees were largely Computer-Aided Design, or CAD, engineers who worked at the company’s global tech campus in metro Detroit, according to GM.”We’re restructuring our design engineering team to strengthen our core architectural design engineering capabilities,” GM said in an emailed statement. “As a result, a number of CAD execution roles have been eliminated. We…

Monthly checks for nearly 71 million Americans receiving Social Security benefits will increase by 2.8% next year, a slightly larger adjustment than seen in 2025.The cost-of-living adjustment, known as COLA, will apply to Social Security benefits starting in January and increase the average benefit for retired workers by about $56 per month to $2,071, the Social Security Administration said Friday. Higher payments for Supplemental Security Income recipients will begin on Dec. 31.  The Bureau of Labor Statistics issued its September consumer price data earlier Friday, despite the government shutdown, to ensure the SSA could meet statutory requirements related to the upcoming…

The new inflation report will probably be the last for a while — and it could leave markets and Americans in the dark about how much prices are rising.”Democrats choosing to keep the government closed will likely result in no October inflation report, which will leave businesses, markets, families, and the Federal Reserve in disarray,” Karoline Leavitt, the White House press secretary, said on X following the release of September’s consumer price index report Friday morning.That would make the consumer price index report yet another casualty of the ongoing government shutdown, which has left thousands of federal workers working without…

IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept.The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of the year, Taco Bell is projecting that it will have 30 Live Más Cafés in its portfolio, across Southern California, Dallas and Houston.Unlike McDonald’s now-defunct CosMc’s spinoff, which had its own standalone locations, the Live Más Café lives inside existing Taco Bell restaurants. Customers order at…

2025-10-24T14:27:32Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. AI is transforming the advertising and marketing industries. Startups developing tools such as AI agents and AI-generated video platforms are raising millions. Take a look at the pitch decks of 11 media and advertising AI startups shared with Business Insider. AI is reshaping the media and marketing industries at…

Tensions between the US and Canada have intensified after President Donald Trump called off trade talks following an ad released in Canada featuring former President Ronald Reagan.The minute-long video, posted by Ontario Premier Doug Ford on X on October 16, uses excerpts from Reagan’s 1987 “Radio Address to the Nation on Free and Fair Trade,” in which he spoke about the dangers of tariffs.The ad highlights Reagan’s warning that while tariffs may seem “patriotic” for protecting American jobs, they ultimately “hurt every American worker and consumer” and “inevitably lead to retaliation by foreign countries and the triggering of fierce trade…

America’s retirees will get an extra $56 in their wallets monthly, as Social Security checks adjust to keep up with rising prices.Social Security’s annual cost-of-living adjustment, which is tied to a key inflation measure, will be 2.8% for 2026. That will shake out to an additional $56 a month for nearly 71 million beneficiaries starting in January, according to the Social Security Administration, with Supplemental Security Income recipients getting their beefed-up checks starting at the end of December.”Social Security is a promise kept, and the annual cost-of-living adjustment is one way we are working to make sure benefits reflect today’s…

Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesProcter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products.Despite higher costs from tariffs and what CEO Jon Moeller called a “challenging consumer and geopolitical environment,” P&G reiterated its forecast for all-in sales and earnings for the fiscal year, which began in July.Shares of the company rose 3% in premarket trading.Here’s what the company reported for the quarter…

Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Family offices have been investing with more caution since President Donald Trump’s tariff announcement in early April, according to a recent survey released by RBC Wealth Management and research firm Campden Wealth.In a poll of 141 investment firms of ultra-wealthy families in North America, the majority (52%) of respondents said cash and other liquid assets would offer the best returns over…

This as-told-to essay is based on a conversation with Kay Richards, in her 60s, based in Manassas, Virginia. It’s been edited for length and clarity. Business Insider reached out to Amazon for comment, but did not receive one prior to publishing.When my husband and I moved into our home over a decade ago, there were no data centers to be found. It was just an idyllic little neighborhood full of trees. It was our dream place.Today, there are 14 data centers within a mile radius of our home, belonging to various companies.The constant buzzing and smell of what I believe…