Browsing: Economy
The Biden-Harris administration took an aggressive stance in scrutinizing proposed mergers and acquisitions in recent years, which resulted in several deals being blocked or paused due to regulatory action. The Federal…
Mortgage rates spiked this week to the highest level in five months, ending the year slightly higher than where they started. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday,…
Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is basically unlimited potential for creating jobs and businesses. “The ‘fixed pie’ fallacy is at the…
Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, according to the union, which represents more than 10,000 baristas. The…
Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world’s third-largest automaker. The two companies said in a…
Shoppers are ready to drop some cash this holiday season as total spending this year is expected to be at least $24 billion higher than last year, according to the National Retail…
Amazon workers at a warehouse on Staten Island in New York will join thousands of disgruntled workers as the strike against the retail giant entered its second day Friday. The…
Native-born American men have been fleeing the workforce in droves in a decades-long trend that coincides with a rise in immigration, according to a new analysis sounding the alarm on…
The Federal Reserve’s favored inflation gauge came in lower than expected in November, but it still remains above the central bank’s target level as they continue efforts to wrestle inflation…
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on…