Stripe and Visa are among more than 100 firms backing Open USD, a dollar‑pegged stablecoin from the Open Standard coalition. The move aims to bake programmable dollars into card, treasury and on‑chain flows.

Rising funding costs are pinching the mechanics behind the U.S. stock rally, with leveraged ETFs and dealer repo exposure at the center of the squeeze.

CPSC expanded the recall of Lomi roll‑on waxing kits to add model LOMB2004PK after overheating reports; about 14,700 additional units are now covered.

The U.S. goods trade deficit jumped to $105.8B in May as imports rose and exports fell, a 27.4% monthly surge that raises risks to second‑quarter growth.

Uniqlo is heading to Georgetown Park with a large M Street store planned as part of its 2026 U.S. expansion. Industry reports say the retailer signed a major lease in the neighborhood's main shopping corridor.

Yum! Brands agreed to sell Pizza Hut for $2.7 billion in two deals, sending most operations to LongRange Capital and Pizza Hut China to Yum China. The sale follows years of sliding sales and store closures.

Retail receipts climbed 0.9% in May, the fourth straight monthly gain, driven by autos, online and home-furnishing sales even as energy and geopolitical risks linger.

IKEA opens June 18 at the former Dulles Expo Center in Chantilly, a roughly 110,000‑sq‑ft store with a planning studio, Swedish food and same‑day pickup.

Thales added a 10,000‑sq‑ft expansion and converted office space at its Clarksburg site, doubling output as Pentagon orders for tactical radios climb. Local hiring appears to be ramping up.

Three plaintiffs have trimmed claims and NextEra agreed to a $9.5M deal as Dominion asks a judge to dismiss a national wage‑fixing suit tied to the Surry plant. The filings sharpen a legal fight over whether industry benchmarking crossed the line into an illegal conspiracy.

The Supreme Court declined to review Tata’s appeal, leaving a multimillion‑dollar trade‑secrets judgment in DXC’s favor intact and returning enforcement to the Dallas court.

Fort Worth machinists ratified a new Lockheed contract that locks in multi-year wage gains, a $6,000 ratification bonus and improved retirement and vacation benefits.

Ford has issued a fresh recall for 255,404 Focus cars for a faulty canister purge valve that can cause engines to stall; dealer fixes are free and VIN lookup opens July 6.