Browsing: Economy
U.S. Chamber of Commerce President and CEO Suzanne P. Clark delivered a speech Thursday on the “State of American Business” which highlighted the local impact of businesses and the importance…
President-elect Trump on Tuesday announced plans to create a new “External Revenue Service” that would be tasked with collecting revenue from tariffs, but economists are pushing back and noting that…
Inflation rose in December to its highest level since July with much of the increase driven by increasing energy and food prices. The Labor Department released the consumer price index (CPI)…
Inflation rose again in December as stubbornly high prices continued to strain consumers’ finances ahead of the Federal Reserve’s next decision on interest rates. The Labor Department on Wednesday said…
A British Airways crewmember accidentally deployed the aircraft’s emergency slide at London’s Heathrow Airport on Monday morning, delaying the flight for hours. The flight, which was scheduled to fly to…
U.S. producer prices increased moderately in December, but that is unlikely to change views that the Federal Reserve would not cut interest rates again before the second half of this…
The deadly wildfires that have devastated the greater Los Angeles region in Southern California over the last week are estimated to be the costliest in the state’s history, which will leave…
The devastating wildfires that have impacted Southern California over the last week could have insured losses topping $30 billion, according to a new analysis. At least 24 people have been killed…
Jeff Bezos, owner of aerospace company Blue Origin, is “very optimistic” about the incoming White House administration, despite President-elect Trump’s close ties with SpaceX CEO Elon Musk. Early Monday morning,…
Soaring grocery prices have wreaked havoc on Americans’ budgets in recent years, and while inflation overall has eased, the prices of some foods – particularly a handful of breakfast staples…