Browsing: Economy
Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality workers walked off the job at Virgin Hotels Las Vegas…
Federal Reserve Chair Jerome Powell said Thursday that the central bank’s policymakers aren’t in a rush to reduce interest rates to the so-called “neutral rate” and feel comfortable making adjustments…
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 and Midwest…
Americans’ credit card debt continues to climb, hitting a fresh record at the end of September, according to a new report from the New York Federal Reserve. Total credit card…
Boeing said it is issuing layoff notices to employees who are included in the aerospace giant’s broader workforce reduction plan. The approximately 17,000 employees included in the cuts were notified…
The union representing dockworkers at East and Gulf Coast ports walked away from the negotiating table with port employers this week over concerns about automation as the two sides face a…
Inflation ticked slightly higher in October as prices remained stubbornly high for consumers, giving Federal Reserve policymakers more data to consider ahead of their meeting next month. The Labor Department…
Wall Street firms are expected to pay out higher bonuses this year in what would be the first increase since 2021, according to a report by compensation consulting firm Johnson…
The U.S. government’s highway safety agency is investigating as many as 1.4 million Honda and Acura vehicles after complaints that the engines could fail. The probe by the National Highway…
It hasn’t even been a week since Donald Trump was declared the winner of the 2024 presidential election, and investors have high hopes for the president-elect’s second term in the…