Browsing: Economy
Home improvement chain Lowe’s is reportedly set to drop multiple diversity, equity and inclusion (DEI) programs. The retail chain is the latest major corporation to modify its DEI policies, according…
An Alaska Airlines flight bound for Oakland, California, from Seattle had to turn around Sunday afternoon following an engine issue, according to reports. Alaska Airlines Flight 1240, operated on a…
Home prices hit a new record in June amid an ongoing housing shortage, even as high mortgage rates continued to push affordability out of reach for millions of Americans. Prices increased…
The “low-hiring, low-firing” approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve President Thomas Barkin said in newly released comments, citing the…
The credibility of the Federal Reserve helped financial markets in the central bank’s multiyear battle against inflation, but it had to back up its verbal promises to restore price stability…
The United States Postal Service (USPS) is considering cost-cutting measures that could result in slower mail delivery for long-distance and rural services. If the proposed changes are implemented, which wouldn’t…
The former pilot who attempted to turn off the engines of a passenger airplane mid-flight hopes he can one day fly again. Joseph Emerson, 44, discussed the tragic lapse in…
Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. “The time has come for policy to adjust,” Powell said in his speech during the Kansas…
The two largest rail companies in Canada locked out nearly 10,000 unionized employees Thursday after failed labor talks, leading to a freight stoppage projected to cost the economy hundreds of…
A small business owner and her employee were robbed at gunpoint, and it was all caught on camera. Payton Jones has owned Revive Coffee, a drive-thru stand in Tacoma, Washington,…