Browsing: Economy
The Biden administration’s Federal Trade Commission (FTC) has used its regulatory authority on numerous occasions in recent years to challenge proposed mergers and acquisitions. The FTC’s Bureau of Competition is…
Discount retailer Big Lots expects to close “35 to 40” stores by the end of the year, according to a U.S. Securities & Exchange Commission (SEC) filing last month. In…
American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the past two years has prevented many of them from tapping…
There is a “historic surge” of corporate bankruptcies underway in the U.S., as debt-saddled companies struggle to adjust to the new era of high interest rates. New figures published by…
A new survey by Bank of America finds that nearly half of adult members of Gen Z are relying on financial help from their parents and family members to get…
A closely watched inflation report due Thursday is expected to show that price pressures within the economy continued to ease in June. Economists expect the consumer price index, which measures…
Alaska’s largest oil company has filed a lawsuit against the Department of the Interior, asking a judge to toss out new rules imposed by the Biden administration that they say…
Federal Reserve Chair Jerome Powell said Tuesday that policymakers have been encouraged by recent data that suggests inflation is receding, and that continued progress would strengthen the case for an…
More than 2 million homes and businesses across Texas were left without power Tuesday morning after Beryl slammed into the state as a Category 1 hurricane. As of 8 a.m.…
The cost of buying a new house just hit another all-time high, according to new data. Findings from Redfin show the median U.S. home sale price soared to $397,954 in…