Business
-
Fed made ‘mistake’ slashing rates by half a point: Larry Summers
Former US Treasury Secretary Larry Summers says September’s better-than-expected jobs report shows the Federal Reserve’s half-point rate cut was “a mistake.” Following…
Read More » -
How did 50K dockworkers strike at US ports with only 25K jobs?
Nearly 50,000 dockworkers launched a strike this week at ports from Maine to Texas — but, in a bizarre quirk…
Read More » -
Dow jumps over 300 points to close at all-time high
The Dow closed at an all-time high Friday as a stronger-than-expected jobs report reassured investors who had worried the economy…
Read More » -
Millions of dollars in IRS refund checks sent through mail are being stolen
The check’s not in the mail. Tax filers who opted to get their IRS refunds sent to their homes said…
Read More » -
US economy added 254K jobs last month — blowing past forecasts
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…
Read More » -
What it really costs to live comfortably in America’s 50 biggest cities: report
A list published by GOBankingRates is going viral because it shows just how much it costs to live in America’s 50 biggest…
Read More » -
Shoppers panic buying as US ports strike sparks empty shelves and rising prices on groceries, essentials
Shoppers swarmed to big-box stores and supermarkets in a frenzy of panic buying over the US ports strike — stampeding…
Read More » -
Spirit Airlines shares rocked by possible bankruptcy filing
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways,…
Read More » -
Container ships back up at US ports amid dockworkers strike
At least 45 container vessels were anchored outside US ports on Thursday as a massive strike by dockworkers stretching from…
Read More » -
Tesla plans to build own batteries for Cybertruck, robotaxi: report
Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric…
Read More »