Recession will come unless there's deescalation 'by Memorial Day'
Wilmington Trust chief investment officer Tony Roth joins Market Domination to weigh in on how prolonged tensions with China could tip the US into recession, noting that if there is no de-escalation by Memorial Day, a recession is imminent.
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Newsweek
an hour ago
- Newsweek
Costco Will Close All Stores for One Day This Month: Here's Why
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Costco shoppers planning a holiday run should prepare in advance: All locations in the United States will be closed on July 4 in observance of Independence Day. The closure marks one of just a handful of days each year when the retailer shuts its doors nationwide. The company's holiday schedule on its customer service website lists Independence Day among several annual closures, which also include New Year's Day, Easter Sunday, Memorial Day, Labor Day, Thanksgiving Day, and Christmas Day. What To Know Costco's closure for Independence Day is a routine but important part of its operations calendar. The retail chain is known for its competitive bulk pricing, generous return policy, and member-exclusive deals on a wide range of products, from groceries to electronics. The store's early closure reminds shoppers to stock up ahead of time on party food, beverages, household items, and even gasoline. Many Costco locations feature member-discounted gas stations that are popular with customers looking to save on summer travel. An American flag flies outside of a Costco in Cranberry, Pennsylvania, on March 7, 2025. An American flag flies outside of a Costco in Cranberry, Pennsylvania, on March 7, 2025. AP/Gene J. Puskar When Will Costco Reopen? Costco stores are expected to reopen on July 5. Business centers and warehouses will resume standard operating hours. Earlier this year, the retailer announced plans to grow its retail footprint to more than 900 warehouses worldwide. Which Grocery Stores Will Be Open on July 4th? Although Costco will be closed, many other grocery and retail chains will remain open on July 4, often with adjusted hours. According to USA Today, grocery stores such as Kroger, Giant Eagle, Wegmans, Safeway, and Walmart plan to operate on the holiday, although individual store hours may vary. Target and Whole Foods will also be open, offering customers alternative options for last-minute purchases or holiday supplies. CVS and Walgreens stores are expected to be open, but pharmacy hours may vary due to the holiday. Shoppers should verify local store hours online or by calling ahead, especially for regional chains or smaller outlets. What Happened on July 4, 1776? Independence Day commemorates the ratification of the Declaration of Independence on July 4, 1776, when the Continental Congress formally declared the separation of the 13 American colonies from British rule. Although the vote for independence occurred on July 2, it was the formal adoption of the Declaration's text on July 4 that became a symbolic and celebrated date in American history. The document articulated the colonies' grievances and their justification for seeking autonomy. The day has since been marked with public festivities, including fireworks, parades, barbecues, and other patriotic displays that honor the birth of the United States.
USA Today
15 hours ago
- USA Today
Is your lake impacted by closures this July 4th? Check status on this USACE list
More than 40 federally managed lakes across more than a dozen states are facing full or partial closures heading into the July 4 weekend, as the Trump administration's layoffs and funding cuts earlier this year impact recreation services. Officials at the U.S. Army Corps of Engineers said in May the agency is facing resource limitations and staffing shortages, at a time when outdoor recreation across the country was just ramping up for the summer ahead of Memorial Day. As a result, the agency says it has been forced to limit operations at certain sites or potentially close them altogether. Campgrounds, beaches, boat ramps and access points are among the sites being closed at lakes managed by the U.S. Army Corps of Engineers (USACE). July 4th: Are banks, post offices, UPS and FedEx open? Flying or driving for July 4th? Here's the best time to leave and how much it'll cost "Decisions to make operational changes at recreation areas are not made lightly, and we understand those decisions may be disruptive to the public's plans," USACE spokesperson Gene Pawlik told USA TODAY in May. A few regional offices pointed directly to staff shortages as the reason for limited public access to recreation sites going into the summer. "We continue to reassess our current operating picture as impacts from resignations and the hiring freeze are realized," Pawlik previously said. The corps manages 400 lake and river projects in 43 states, making it one of the leading providers of outdoor recreation. The agency says it sees more than 260 million visitors to its sites each year, with many located within 50 miles of major metropolitan centers from coast to coast. How is the US Army Corps of Engineers impacted by DOGE? Layoffs of tens of thousands of workers across the federal government began almost immediately after Trump assumed office earlier this year, part of a push by Trump and his former adviser, billionaire Elon Musk, to shrink the federal government and drastically reduce spending. The administration established the Department of Government Efficiency to spearhead the effort. Trump executed a presidential order Jan. 20 placing a hiring freeze on civilian workers in all executive departments and agencies, which has been extended to July 15. Though the U.S. Army Corps of Engineers is a branch of the U.S. military that primarily builds and permits infrastructure, it is a civilian workforce, and has been subject to the hiring freeze. The U.S. Army Corps of Engineers (USACE) in March notified 1,068 employees (about 3% of its civilian workforce) of their eligibility for the Trump administration's buyout program for federal workers as part of a massive downsizing of various federal agencies. Tens of thousands of federal workers lost their jobs in the first two months of Trump's second administration through layoffs of probationary employees, who are new to government work or recently moved between agencies or accepted a promotion. Additionally, about 75,000 federal employees accepted the original buyout offer Trump extended shortly after he took office in January. Which lakes are impacted by closures? Here's how to check With the Fourth of July holiday weekend ushering in the start of peak summer boating, camping trips and hiking, some favorite destinations could be off-limits for the time being. Though there are some scheduled closures and weather-based disruptions, more than 40 lakes are impacted by full or partial closures amid the agency's grappling with resignations and an ongoing hiring freeze. The USACE maintains an ongoing map and list of sites with full or partial closures, including those due to flooding or storm damage and scheduled renovations. As of Wednesday, July 2, some of the lakes with multiple site and access closures or other service disruptions include: Closures helps USACE staff other sites, spokesperson says Pawlik told USA TODAY in May the USACE is scaling back operations at some sites in order to prioritize visitor safety and well-being, as well as ensure minimum staffing requirements at other locations. Full closures are a last resort, he added. "By concentrating available staffing at fewer sites, USACE can ensure those sites are able to provide visitors with the full range of services and opportunities expected at those recreation areas," Pawlik said, adding that changes are made on a project-by-project basis. Some are required due to resource limitations such as staff shortages, while others are due to scheduled maintenance, outages or what he called "other resource restrictions." Contributing: James Sergent, USA TODAY. Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her at kapalmer@ and on X @KathrynPlmr.
Tom's Guide
a day ago
- Tom's Guide
LIVE: 4th of July mattress sales 2025 — today's best deals on beds, bedding, and sleep tech
If you're looking for the latest 4th of July mattress sales, you're in the right place. Armed with an encyclopaedic knowledge of sleep deals, our expert team has been scouring the 4th of July sales for weeks now (yes, they can start that early) to find the most exciting deals to celebrate liberty in comfort and for less. We've also been extensively researching past 4th of July mattress sales (and mattress sales in general) to help us separate the firecrackers from the duds, telling you if a deal is genuinely amazing or just a regular discount dressed up as a star-spangled saving. Below, our live hub will showcase the newest discounts on mattresses, bed toppers, bedding, and sleep tech — while also offering expert sleep advice, shopping tips, and hands-on reviews. 1. Top sales at a glance2. Best deals — editor's choice3. Latest news live 1. Saatva Classic Mattress: twin was $1,399 now $999 at SaatvaOur number one rated mattress, after seven months of testing our Sleep Editor found the Saatva Classic had "revolutionized" her sleep. Earning full marks in our Saatva Classic mattress review, this luxury hybrid innerspring has a breathable, neutral feel that's ideal for sleeping in a heatwave. It's also customizable and with three feels and two heights available, it suits most sleep styles. With our semi-exclusive links you can enjoy $400 off all sizes of the Classic, reducing a queen to $1,699 — the same price we saw for Memorial Day. That's the best Saatva mattress sale you're likely to see on the Classic and it comes with a 365-night trial, lifetime warranty and free white glove delivery. Our review: ★★★★★User score: ★★★★★ (4,000+ reviews) 2. DreamCloud Classic Hybrid Mattress: twin was $1,014 now $399 at DreamCloudDreamCloud's 4th of July discount is pretty much business as usual, but the fact is that you'll rarely pay over the odds for this bed, which we rank as the best mattress in a box. At $699 for a queen size it's $50 more than you'd have paid on Memorial Day, and we wouldn't be entirely surprised to see the DreamCloud drop to that in a flash sale on the 4th of July, but even at its current price it represents impressive value, particularly when you factor in all the extras that come with it: free mattress protector, sheets and pillows, as well a 365-night trial, lifetime warranty and free shipping and returns. Our DreamCloud mattress review can tell you more about why we rate this one so highly. Our review: ★★★★½User score: ★★★★½ (based on 9,200+ reviews) 3. Siena Memory Foam Mattress: twin was $199 now $149 at AmazonThe Siena is simply the best cheap mattress we've tested, going above and beyond its low price tag to deliver full-body support. It avoids the usual pitfalls of cheap memory foam beds, earning praise from our Siena Memory Foam Mattress review team for its breathable feel and sturdy edge support, although we found the firm feel too hard for side sleepers. The Siena mattress sale runs year-round with a queen regularly only $359, but this Amazon deal goes above and beyond and brings you a queen for just $278 — without a doubt the cheapest, better-than-Black-Friday deal we've ever seen on this Siena bed. At either retailer, you'll get a 180-night trial and a 10-year warranty (excellent benefits from a budget bed.) Our review: ★★★★User score: ★★★★½ (3,000+ reviews) 4. Nectar Classic Mattress: twin was $998 now $349 at NectarLike its sister company DreamCloud, Nectar isn't one to mix up its deal prices when it doesn't have to. And so its 4th of July deal is what you'll pay pretty much every other day of the year; fortunately at $649 for a queen it's an excellent price for the best memory foam mattress on the market. In our Nectar Classic Mattress review we were impressed by its mix of pressure relief and full-body support, and found that its medium-firm feel would be suitable for just about everyone except perhaps lighter side sleepers, who might need just a little more cushioning. As well as a great night's sleep you'll get a 365-night trial, forever warranty and free shipping and returns. Our review: ★★★★½User score: ★★★★½ ( based on 51,000+ reviews) 5. Helix Midnight Luxe Mattress: twin was $1,436 now $1,048 at Helix with code TOM27Its plush top and joint-soothing comfort earned it the best mattress for side sleepers title. Our Helix Midnight Luxe mattress review team also found it to have good lumbar (lower back) support to prevent aches and has strong edges for sitting. You can now grab this at 27% off using the code TOM27, which drops the MSRP of a queen Helix Midnight Luxe from $2,398.66 to $1,751.03, which is the same price drop we saw for Memorial Day (though the Memorial Day sale did throw in some bedding freebies, too). This also includes the 100-night sleep trial, lifetime warranty and free shipping. Our review: ★★★★ User score: ★★★★½ ( based on 7,500+ reviews) 6. Leesa Original Mattress: twin was $879 now $609 at LeesaThis all-foam medium-firm mattress is another great choice for side sleepers thanks to the pressure relief and contouring support it offers. Our Leesa Original mattress review team was impressed by its excellent motion isolation, making it an ideal option for couples. Stomach sleepers, however, might require something with firmer support. While the standard discount at Leesa is around 20% to 25%, you can now find the Leesa Original at up to 30% off. This drops the MSRP of a twin from $879 to $609 while a queen is currently $929 (was $1,332). It also comes with a 100-night sleep trial, lifetime warranty and free shipping. Our review: ★★★★ User score: ★★★★★ 7. Sleep Innovations 10' Gel Memory Foam Cooling Mattress: twin was $249.99 now $178 at WalmartHere's a medium-firm mattress suitable for all sleeping styles with both supportive innersprings and a gel memory foam layer for added breathability. This affordable mattress is ideal for anyone looking for an adaptive bed, complete with a cooling antimicrobial top cover made with recycled fibers. You can now save up to $81.99 which drops the MSRP of a queen Sleep Innovations 10' from $299.99 to $228 on Walmart. User score: ★★★★★ 8. Bear Elite Hybrid Mattress: twin was $1,998 now $1,299 at BearLet's get to the point: the Bear Elite Hybrid mattress is our #1 best cooling mattress of the year, making it THE mattress for hot sleepers looking for a cooling sleep solution. During testing, it kept our lead reviewer comfortably cool through a warm July in Texas, likely thanks to its Celliant infused cover (for which you must pay an extra fee), which converts body heat into infrared energy to aid thermoregulation and muscle recovery — yes, it's the brainbox of mattresses. The current Bear mattress sale takes 35% off, reducing a queen size to $1,578 (was $2.427) as standard or $1,773 (was $2,727) with the Celliant cover. You can pick your firmness level and a lifetime warranty and free shipping is included. Our review: ★★★★½ User score: ★★★★½ (based on 3,900+ reviews) 9. Brooklyn Bedding CopperFlex Pro Hybrid Mattress: twin was $932 now $652.40 at Brooklyn BeddingThe CopperFlex Pro Hybrid is a recent addition to the Brooklyn Bedding range and it's a strong option if you're in search of a luxurious feel and cooler sleep at a price that won't break the bank. We think it's the best cooling mattress you can get for under $1,000: our testers found that it delivered reliable temperature regulation as well as providing zoned lumbar support and plenty of cushioning thanks to its plush pillow top. Combination sleepers should get on well with this one, although heavier back and stomach sleepers might find it a little too soft to provide adequate support. Brooklyn Bedding is offering a 30% discount for the 4th of July (it's usually 25% off), bringing a queen size down from $1,332 to $932.40; it comes with a 120-night trial, which isn't the longest, but you'll also get a lifetime warranty and free shipping. Our review: ★★★★½User score: ★★★★½ (based on 550+ reviews) 10. Tempur-Pedic Tempur-Breeze Mattress: twin long was $4,099 now $3,599 at Tempur-PedicThe 4th of July event at Tempur-Pedic takes $500 off its cooling Tempur-Breeze mattress in all sizes, which sounds like an outstanding deal until you realize that you're still going to have to fork out a lot of money for this bed. Tempur-Breeze is one of the best luxury mattress brands and isn't even its most expensive bed - that would be its Tempur-ActiveBreeze smart bed with prices starting at $9,298 - but with a queen size coming in at $4,099 (reduced from $4.599) the Tempur-Breeze is still a serious investment. It's cheaper than it was on Black Friday, though, when it had just $300 off, and satisfied customers have plenty of good things to say about this luxury mattress' cooling powers and uniquely contouring feel. User score: ★★★★½ (based on 2,100+ reviews)
