Bessent warns China on currency moves, says bond market ‘deleveraging’ isn’t systemic issueApril 23, 2025
Inflation increased at a slower pace in March Economy April 15, 2025 Inflation rose in March at a slower pace than expected but remained well above the Federal Reserve’s goal as the…
GM temporarily lays off 200 workers at all-EV plant Economy April 14, 2025 General Motors is temporarily laying off 200 workers at the company’s all-electric plant in Detroit as it adjusts to market…
Mortgage rates tick lower for third straight week Economy April 13, 2025 Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released…
US corporate bankruptcies rise to highest Q1 level since 2010 Economy April 12, 2025 Corporate bankruptcies among U.S. companies increased in the first quarter to their highest level since 2010, new data showed. S&P…
Egg prices crack records ahead of Easter holiday, but relief may be on the horizon: ‘The plan is working’ Economy April 11, 2025 Egg lovers are scrambling as prices may have cracked all-time highs ahead of Easter, but federal officials say relief is…
Elon Musk reassures Tesla workers with all-hands meeting, admits it ‘feels like Armageddon’ Economy April 9, 2025 Tesla CEO Elon Musk urged his company’s staff to “hang onto your stock” during an all-hands meeting in which he…
Businesses may have to pass high beef prices on to consumers Economy April 8, 2025 High beef prices have been weighing on U.S. businesses and consumers. They have forced some businesses to make tough decisions…
Small Business Administration to cut about 2,700 jobs as part of restructuring Economy April 7, 2025 The Small Business Administration (SBA) announced it will cut about 2,700 jobs, which make up about 43% of its workforce,…
Risks of buy now, pay later: ‘Ticket to overspending,’ expert says Economy April 6, 2025 Buy now, pay later payment solutions have surged in popularity in the current economy, with the industry projected to grow…
UK orders investigation after Heathrow airport shutdown Economy April 5, 2025 Britain’s government and London’s Heathrow Airport have ordered looks into the handling of a power outage that shuttered Europe’s busiest…