Tag: business

Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on Wednesday.

The United Auto Workers (UAW) threatened Tuesday night to stage a strike against major automaker Stellantis due to allegations of failing to meet certain contract requirements on plant openings.

The Federal Reserve announced Wednesday that it would lower its federal funds rate target range by 0.50% in a move that could bolster economic growth and, consequently, Vice President Kamala ...

The religious advocacy group Center for Christian Virtue (CCV) launched a campaign Tuesday criticizing certain diversity, equity and inclusion (DEI) initiatives and support for LGBT causes at top U.S. insurer ...

Three Democratic senators urged the Federal Open Market Committee (FOMC) to aggressively cut its federal funds rate at its September meeting in an effort to jolt the economy as the ...

Americans are having an increasingly hard time making their credit card and car payments as Biden-era price increases and a worsening labor market have decimated their pocketbooks, according to The ...

Tens of thousands of Boeing factory workers went on strike shortly after midnight on Friday in another blow to the beleaguered airplane maker, which has spent months battling a wave ...

Former President Donald Trump proposed Thursday during a campaign rally in Tucson, Arizona, to eliminate taxes on overtime pay should he win the election this November.

The Biden-Harris administration released new draft rules Thursday that could hike taxes on roughly 100 companies in the White House's latest push to increase government tax revenues, according to the ...

The board of Norfolk Southern — the railroad responsible for spilling toxic chemicals in East Palestine, Ohio, during a February 2023 train derailment — ousted the company's CEO Wednesday for ...

Vice President Kamala Harris's tax plan would effectively vaporize nearly 800,000 full-time equivalent jobs, according to studies published by the Tax Foundation Tuesday.

Housing costs surged in August despite a broader drop in inflation, according to the latest Bureau of Labor Statistics (BLS) release on Wednesday

Inflation fell in August amid fears of an economic slowdown following disappointing job gains in previous months, according to the latest Bureau of Labor Statistics (BLS) release on Wednesday.

State and local government workers were roughly 40% more expensive to employ than private sector employees in the second quarter of 2024, largely due to generous benefit plans, according to ...

The Federal Reserve Board's Vice Chair for Supervision, Michael Barr, announced on Tuesday in a speech that the Fed was watering down a proposed regulation hiking the amount of cash ...

Southwest Airlines Executive Chairman and former CEO Gary Kelly will retire following a Monday meeting with activist investor Elliot Investment Management, according to a letter from Kelly shared with shareholders ...

U.S. discount retail chain Big Lots filed for bankruptcy Monday as Biden-Harris era inflation continues to weaken consumer spending and push retailers out of business.

The U.S. economy lost hundreds of thousands of full-time jobs in August in a shift that suggests the U.S. is hemorrhaging higher-paying jobs.

The U.S. economy hemorrhaged manufacturing jobs in August despite the Biden administration's attempt to boost the industry with hundreds of billions of dollars in subsidies.

Nonprofits are ditching Environmental, Social and Governance (ESG) policies at a stunning rate, according to a 2023 report by the Council on Foundations and The Commonfund Institute.