Browsing: Economy
Boeing announced Monday a deal to purchase Spirit AeroSystems for $4.7 billion, as the plane manufacturer looks to address and resolve recent safety concerns. The company will pay $37.25 per…
John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they…
Tens of millions of Americans switched jobs during the past couple of years, lured by big pay raises and abundant job opportunities – a trend that economists dubbed the “Great…
A growing number of Americans making six-figure salaries are worried about paying their monthly bills, according to a new survey published by the Federal Reserve Bank of Philadelphia. The survey…
Sales of new vehicles in the U.S. are expected to be down this month compared to June 2023 due to the outage at software provider CDK Global that has affected…
The affordability crisis that has plagued the U.S. housing market for the last three years is unlikely to improve until at least 2026, according to new findings published by Bank…
Small business owners have been devastated over the past three years by high prices and a crisis-level worker shortage. Now they’re facing a new hurdle: rising rents.New findings published by…
Federal Reserve Governor Michelle Bowman said Tuesday that she does not expect to cut interest rates before the end of the year – and remains willing to hike again if…
Home prices reached a new record in April amid an ongoing housing shortage, even as high mortgage rates pushed affordability out of reach for more Americans. Prices increased 6.3% nationally…
Inflation has made dining out more of a luxury these days, but despite higher prices, Americans’ satisfaction with their restaurant experiences has actually risen a bit over the past year…