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Women’s sports bar The Sports Bra set to expand to four new cities

Women’s sports bar The Sports Bra set to expand to four new cities

By ANNE M. PETERSON, Associated Press

The Sports Bra, the nation’s first sports bar dedicated to women’s sports, is expanding to four new locations in Boston, Indianapolis, Las Vegas and St. Louis.

The original Sports Bra, which opened in Portland, Oregon, in April 2022, was the brainchild of entrepreneur Jenny Nguyen, who wanted to create a space that celebrated women and girls in sports.

A customer leaves The Sports Bra sports bar
FILE – A customer leaves The Sports Bra sports bar on April 24, 2024, in Portland, Ore. (AP Photo/Jenny Kane, File)

Other women’s-centered sports bars have sprung up across the country since then, including The 99ers Sports Bar in Denver, Rough & Tumble in Seattle and Title 9 Sports Grill in Phoenix.

“The first four franchises of The Sports Bra will join our OG Portland location to become the ‘Starting Five.’ Together, we’re serving fans nationwide who are hungry for spaces that not only champion women’s sports, but create a community where everyone feels like they belong. There is no better moment than this to open these places,” said Nguyen, the Sports Bra’s CEO.

Two employees react as an interview with The Sports Bra founder and CEO Jenny Nguyen airs on a screen during their shift
FILE – Bartender M.J. Jones, left, and fellow employee Allison Clarke, right, react as an interview with The Sports Bra founder and CEO Jenny Nguyen, center, airs on a screen during their shift at the sports bar on April 24, 2024, in Portland, Ore. (AP Photo/Jenny Kane, File)

Last year Reddit co-founder Alexis Ohanian’s 776 Foundation invested in The Sports Bra with the intention of expanding through franchising. Potential investors were invited to apply for franchises in October. read more

Inflation data threatened by government hiring freeze as tariffs loom

Inflation data threatened by government hiring freeze as tariffs loom

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the quality of the inflation figures just as they are being closely watched for the impact of tariffs.

The department’s Bureau of Labor Statistics, which produces the monthly consumer price index, the most closely watched inflation measure, said Wednesday that it is “reducing sample in areas across the country” and stopped collecting price data entirely in April in Lincoln, Nebraska, and Provo, Utah. It also said it has stopped collecting data this month in Buffalo, New York.

In an email that the BLS sent to economists, viewed by The Associated Press, the agency said that it “temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage” in April. The reduced data collection “will be kept in place until the hiring freeze is lifted.” read more

Part toy, part fashion, the arrival of the viral Labubu was a long time in the making

Part toy, part fashion, the arrival of the viral Labubu was a long time in the making

By MICHELLE CHAPMAN, AP Business Writer

Labubu, the plush toy from China’s Pop Mart is a social media darling, but the toothy little monsters are far from an overnight success. Having appeared a decade ago, Labubus may have finally cemented their place in the collectible toy market for years to come.

The Labubu, by artist and illustrator Kasing Lung, first appeared with pointed ears and pointy teeth, in three picture books inspired by Nordic mythology in 2015.

In 2019 Lung struck a deal with Pop Mart, a company that caters to toy connoisseurs and influencers, to sell Labubu figurines. But it wasn’t until Pop Mart started selling Labubu plush toys on key rings in 2023 that the toothy monsters suddenly seemed to be everywhere, including in the hands of Rihanna, Kim Kardashian and NBA star Dillon Brooks. K-pop singer Lisa of Blackpink began posting images of hers for her more than 100 million followers on Instagram and on TikTok, where Labubu pandemonium has broken out.

There are 1.4 million #Labubu TikTok posts and counting, videos of fans unboxing them, showing styles inspired by them, and of course, Labubu cosplay. read more

Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

By FATIMA HUSSEIN

WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall, according to an analysis released Wednesday by the Congressional Budget Office.

The numbers were revealed in a letter sent to Democratic congressional leadership outlining how the Trump administration’s plan to impose wide-ranging tariffs on countries around the world will affect American households.

Baked into the CBO analysis is a prediction that households would ultimately buy less from the countries hit with added tariffs. The budget office estimates that the tariffs would increase the average annual rate of inflation by 0.4 percentage points in 2025 and 2026.

The budget office’s model also assumes that the tariffs, announced through executive action between January and May, will be in place permanently.

FILE – Bicycles are displayed at a Walmart, Wednesday, April... FILE – Bicycles are displayed at a Walmart, Wednesday, April 16, 2025, in Groton, Conn. (AP Photo/Julia Demaree Nikhinson, File) FILE – Empty shopping carts are collected from the parking... FILE – Empty shopping carts are collected from the parking lot at Walmart store in Burbank, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File) FILE – President Donald Trump speaks to reporters in the... FILE – President Donald Trump speaks to reporters in the Oval Office of the White House, Friday, May 23, 2025, in Washington. (AP Photo/Evan Vucci, File)

Since the analysis was conducted, a federal court struck down sweeping tariffs that Trump invoked under an emergency-powers law. An appeals court allowed the Trump administration to continue collecting the tariffs while the case goes through appeals. read more

Tax deductions might go up. Would you benefit?

Tax deductions might go up. Would you benefit?

By Lauren Schwahn, NerdWallet

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22.

This meaty budget reconciliation bill includes a provision to increase the state and local tax, or SALT, deduction limit. If the changes make it through the Senate, certain taxpayers could see big tax breaks.

What is the SALT cap?

The SALT deduction is a tax break that allows people who itemize to deduct certain taxes from their federal taxable income. Eligible deductions include property taxes and a choice of state and local sales taxes or state and local income taxes.

The SALT deduction is currently capped at $10,000 ($5,000 for those married filing separately) and is set to expire at the end of 2025.

What might change?

The House bill would raise the SALT cap to $40,000 ($20,000 for those married filing separately), four times higher than the current limit. The cap and income thresholds would increase by 1% annually through 2033. Taxpayers with a modified adjusted gross income over $500,000, would have a reduced deduction, but it would not go lower than $10,000. read more