COVID-19 killed millions, shattered health systems and brought the global economy to a virtual standstill. World…
Tag: Economy
Family businesses power the US economy, but succession poses a major challenge
Family-owned businesses play a major role in the economy and founders face difficult decisions when it…
Trump’s Greenland obsession isn’t random. Here’s what’s at stake
Greenland may be covered in ice, but beneath its surface could be resources critical to the…
I turned 60 and discovered the most wonderful airport perk – why don’t ALL airlines offer priority boarding to us ‘oldies’?
Standing in the economy class queue at Lisbon airport waiting to board a flight to Brazil,…
Job growth rebounded in August with solid gains
The U.S. economy rebounded in August, adding jobs at a solid pace after a surprise decline in…
Armed suspect with machete, pickaxe detained by customers during Costco jewelry heist: reports
A machete- and pickaxe-wielding man was arrested after allegedly smashing into a jewelry display at a…
Safeway closing more stores as Albertsons reshapes footprint after failed Kroger merger
Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the…
Maker of ice cream sold at grocery stores nationwide files for bankruptcy as it appeals $23.8M judgment
Rebel Creamery has filed for Chapter 11 bankruptcy protection in Utah, reporting approximately $13.78 million in…
Ford enters competition to develop new US Army tactical truck
Ford Motor Co. is pursuing what could be its biggest military contract in decades as it…
Harvard makes massive $2.2B SpaceX bet on Elon Musk’s rocket company
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from…
New York Fed finds credit card and auto loan delinquencies remain elevated
New data from the Federal Reserve Bank of New York found that while overall delinquency rates…
Ramsey personality took Trump’s $1,000 for his son — then warned parents about one big mistake
When the federal government began depositing a $1,000 seed contribution into newly launched Trump Accounts for…
200K magnetic ‘Goody King’ building block toys recalled over ingestion hazard that led to surgery for 2 kids
More than 200,000 magnetic building toys were recalled over an ingestion hazard after two children who…
Meta taps skilled trades workers to power America’s AI infrastructure boom
Meta is partnering with North America’s Building Trades Unions (NABTU) to expand the pipeline of skilled…
Inside Ford’s $2B overhaul of its 3-million-square-foot Louisville plant
Ford Motor Co. is giving its Louisville Assembly Plant a massive makeover as it prepares to…
Mortgage rates fall for first time in 6 weeks
Mortgage rates fell for the first time in six weeks, mortgage buyer Freddie Mac said Thursday.Freddie…
Dallas emerges as magnet for wealthy buyers as high taxes weigh on luxury markets, broker says
Wealthy homebuyers are increasingly looking to lower-tax, business-friendly states such as Texas as taxes and regulation…
Costco brings back fan-favorite Kirkland treat after two-year absence
A fan-favorite Costco baking staple is returning to warehouse shelves after a two-year hiatus, drawing celebrations…
New Social Security COLA estimates released after fresh inflation data
Social Security beneficiaries are still expected to see a larger cost-of-living adjustment (COLA) in 2027 than…
Slowing labor market creates new hurdle for first-time homebuyers facing affordability squeeze
The slowing U.S. labor market is presenting more challenges for a housing sector facing affordability challenges,…
Inflation cooled in July but remained elevated as Fed weighs rate hikes
Inflation cooled slightly in July even as the pace of consumer price growth from a year…
US soybean farmers race to meet global demand as farmland shrinks
The U.S. soybean industry is working to meet growing global demand despite operating with less farmland…