Here’s why inflation may look like it’s easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.…
Category: Economy
Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing…
Elliott, Southwest in early settlement talks for significant board representation, sources say
Southwest reports third quarter results before the market opens on Thursday. ...
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year. ...
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said…
Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
Record September imports at the Port of Los Angeles driven by the East Coast strike have led to two-year high…
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona. ...
Trump again refuses to release current health records, as Harris questions his fitness
Donald Trump would become the oldest person in U.S. history elected president if he beats Kamala Harris in the Nov.…
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter. ...