Real estate experts say taxes, crime and shrinking services are driving Angelenos out of La La…
Category: Finance
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90B
Goldman Sachs said it has completed its acquisition of active ETF provider Innovator Capital Management, expanding…
US workers increasingly trapped in the ‘Great Detachment’ as hiring slows, report shows
A new report reveals a "Great Detachment" among U.S. workers, with declining job optimism and rising…
Jamie Dimon says New York, other cities face worker ‘exodus’ as lawmakers push higher taxes
JPMorgan Chase CEO Jamie Dimon said that high taxes and regulatory burdens in places like New…
US gas tops $4 a gallon as Iran conflict drives sharp rise in fuel costs
U.S. gas prices climbed above $4 a gallon as Iran conflict disrupts oil supply, with GasBuddy…
Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue
Toyota is recalling more than 73,000 vehicles over a pedestrian warning sound not being loud enough…
Rising healthcare costs, insurance premiums now worry Americans more than any other domestic issue: poll
Rising health insurance premiums and expired Obamacare subsidies are driving healthcare affordability to the top of…
Air Canada CEO announces his retirement 1 week after deadly crash
Air Canada CEO Michael Rousseau will retire by Q3 2026 after facing backlash over an English-only…
Blockchain analysts say traders may have used insider information to profit on Iran conflict bets
Suspected insider traders allegedly made $1.2 million betting on Iran strikes hours before they happened, sparking…
US ‘sitting on significant proven reserves’: Analyst says America can withstand Iran energy shock
U.S. energy security proves resilient, according to one analyst, as Iranian attacks disrupt Qatar LNG production…
US taps millions more barrels from strategic reserve as critics warn drawdown could fuel vulnerabilities
The U.S. Energy Department plans to loan 10 million more barrels from the Strategic Petroleum Reserve…
American workers’ wage gains lost momentum in March despite strong hiring, economists say
Average hourly earnings rose just 0.2% in March, missing expectations as analysts warn softer wage growth…
US economy added 178,000 jobs in March, well above expectations
The Labor Department released the March jobs report on Friday which showed the economy added jobs…
Retirement ‘magic number’ jumps as Americans grow anxious about their financial futures
Americans now believe they need $1.46 million to retire comfortably, up $200,000 from last year, according…
Mortgage rates rise for fifth straight week as Iran war continues to roil markets
The average rate on a 30-year fixed mortgage rose this week to 6.46%, according to the…
GM to boost pickup truck production in Michigan amid strong demand
GM plans to run its Flint Assembly plant six days a week starting in June, mandating…
Private sector added 62,000 jobs in March, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 40,000 jobs. The…
Maine lobster industry hit by harsh winter, falling catch and rising costs
A decline in lobster catch because of brutally cold temperatures this season may have the price…
Mercedes-Benz to pour $4B into Alabama plant as Trump tariffs reshape US auto strategy
Mercedes-Benz North America CEO Jason Hoff says tariffs are driving the GLC SUV production shift to…