Browsing: Economy
A mysterious influx of more than $7 billion in estate tax payments to the Treasury Department early last year spurred a search for the billionaire responsible for the anomalous payment. The…
Donations to Harvard University and its endowment declined by a little more than $150 million in the Ivy League institution’s 2024 fiscal year amid backlash toward the administration’s handling of antisemitism…
Americans around the country are experiencing vastly different inflation rates depending on where they live in the U.S., with the latest inflation data showing that consumers in the Northeast are facing…
The family of a man killed as a result of Hurricane Helene floodwaters in Tennessee have filed a wrongful death lawsuit, alleging his employer “chose greed over the safety of…
Retail sales increased more than expected in September as the U.S. economy continued to show signs of growth in the third quarter. The Commerce Department’s Census Bureau said that retail sales…
The National Retail Federation (NRF) projected that holiday spending will increase this year to a new record, totaling between $979.5 billion and $989 billion, as consumers lean on e-commerce. This…
American consumers’ expectations about the risk of debt delinquency rose to the highest level in more than four years last month, while concerns about elevated inflation over the longer-term also…
A new cake shop, located at Disney’s Florida theme park, is opening this fall and is being criticized for its high prices, with fans calling the cost of some food…
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company. Seven & I Holdings, 7-Eleven’s Japan-based parent company, announced in an earnings report Thursday that…
Boeing will lay off 10% of its workforce, approximately 17,000 employees, in the coming months and cut its production amid an ongoing labor union strike. CEO Kelly Ortberg, who took…