Tag: business

The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate despite recent changes in inflation and slow economic growth.

Sky-high inflation since President Joe Biden took office in January 2021 reached a new milestone as Americans continue to have their finances strained due to the uptick in prices.

Homeownership costs have surged since pandemic lockdowns began four years ago due to inflation, soaring insurance premiums and rising utility costs, according to a study from personal finance website Bankrate.

The union representing around 45,000 dockworkers on the East and Gulf Coasts canceled contract negotiations that were set to start this week with a group representing the ports, the Wall ...

Millions of Americans are struggling to afford necessities like food, rent, insurance and a car payment.

The Biden administration has pushed for easier home financing for higher-risk borrowers amid surging housing costs, increasing the risk of a wave of defaults, experts told the Daily Caller News ...

Native-born American workers are taking a beating in the job market from gains by foreign-born workers, according to the data released by the Bureau of Labor Statistics (BLS) on Friday.

Americans took up part-time jobs in huge numbers in May as full-time jobs evaporate under President Joe Biden's economy, according to data from the Bureau of Labor Statistics (BLS) released ...

Unemployment Ticks Up As Job Growth Beats Expectations

The circus came to California a long time ago, and there are no signs it's packing up any time soon.

A group of Republican lawmakers is urging the Department of Homeland Security (DHS) to effectively ban imports from two Chinese battery companies with business interests in the U.S.

President Joe Biden's latest immigration move expressed that he wants to stem illegal immigration, but his economic policies have relied on it to mask the true health of the economy, ...

New York City's economic rebound since the COVID-19 pandemic has been fueled by health care jobs largely fueled through government funding, according to Bloomberg.

Amazon shareholders shot down a proposal Wednesday requesting a report be done on the effects of the company's climate change policies on current workers' jobs.

Persistently high inflation led a large number of Americans to say that it had made them worse off in 2023, according to a survey conducted by the Federal Reserve.

Electric vehicle (EV) maker Lucid Motors announced that the company would be laying off staff in a bid to lower expenses amid a slowdown in the market.

Former Republican presidential candidate Vivek Ramaswamy used his recently purchased activist stake in BuzzFeed to urge the media outlet to issue an apology for what he referred to as repeated ...

Home Prices Under Biden Hit Yet Another All-Time High

China's largest electric vehicle (EV) manufacturer, BYD, announced Tuesday that two of its new hybrid models have ranges that far exceed those of American competitors, The Wall Street Journal reported.

American oil and gas company ExxonMobil fended off a major push to unseat all of its board directors after suing two activist investors who sought to put emission standards on ...