American Airlines flight attendants union issues historic no confidence vote against CEO Robert Isom, citing operational…
Tag: inflation
Super Bowl LX players lose thousands to California’s ‘jock tax’ on athlete income
Players competing in Super Bowl LX in Santa Clara will face California's jock tax, which subjects…
Stellantis takes massive $26B hit after moving away from EVs
Stellantis shares plunged after announcing a massive writedown, raising questions about whether EV struggles stem from…
Who is Kevin Warsh, Trump’s pick to succeed Jerome Powell as Fed chair?
President Donald Trump announced on Friday that he is nominating former Federal Reserve Governor Kevin Warsh…
Citi to match federal government’s $1K Trump Account contributions for employees’ children
Citi announced it will match the federal government's $1,000 deposits to Trump Accounts for children born…
Homebuyers gain upper hand in 3 major cities as inventories grow
Housing inventory surges in major American metro areas, and buyers gain more choices. Seattle leads with…
January layoffs rose to the highest level for the month since 2009
Major employers including UPS and Amazon announced significant job cuts in January, with transportation and tech…
Nike’s diversity initiatives under EEOC scrutiny for alleged discrimination against White workers
Federal EEOC launches investigation into Nike over allegations that diversity initiatives discriminated against White employees and…
Chrysler recalls more than 450,000 vehicles over brake light failure
Chrysler recalled more than 450,000 vehicles and more than 2,000 tow-trailer modules due to a brake…
Some Social Security beneficiaries to receive payments early for February and March
The Social Security Administration shifts SSI benefit disbursements when the first of the month falls on…
Netflix co-CEO Ted Sarandos faces Senate hearing over massive $72B Warner Bros takeover deal
Netflix co-CEO Ted Sarandos faces Senate questioning over the streaming giant's proposed $72 billion Warner Bros.…
Energy giant bets big on US, says its electricity market ‘hottest’ in the world
Siemens Energy announced a $1 billion investment to expand U.S. grid equipment and turbine production, citing…
Fed’s Miran maintains call for aggressive interest rate cuts this year
Federal Reserve Governor Stephen Miran is calling for aggressive interest rate cuts exceeding one percentage point…
Florida city sees double home value return as wealthy buyers consolidate fortunes in luxury markets
Five Florida cities are seeing explosive home value growth as sunshine and low taxes draw buyers…
Government shutdown will delay release of January jobs report
The partial government shutdown that began over the weekend will delay the release of the January…
Costco issues recall notice for bakery item due to undeclared allergen
Costco has recalled mislabeled "Mini Beignets filled with Caramel" that could cause allergic reactions due to…
Fed holds interest rates steady, pausing rate cuts amid economic uncertainty
Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its…
Economist warns coming financial crisis will make 2008 look like ‘Sunday school picnic’
Economist Peter Schiff warns that gold's rally signals a looming U.S. dollar crisis and economic reckoning…
Heating bills expected to spike for American households nationwide this winter
Winter heating bills climb to $995 average as utility rate hikes hit low-income families hardest, as…
Miami moves ahead of New York in $1M-plus homes after nearly a decade
Miami overtakes New York in million-plus home listings for the first time in nearly a decade,…
Business leaders celebrate Trump’s Fed chair pick
Business leaders praised Trump's nomination of Kevin Warsh as Federal Reserve chairman, citing his extensive experience…
Lawmakers react to Trump nominating Kevin Warsh for Federal Reserve chairman
President Donald Trump nominated Kevin Warsh as Federal Reserve chair to replace Jerome Powell, sparking mixed…