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Economy
Port strike grinds coffee shipments to a halt at East and Gulf Coast ports
The ongoing strike by unionized dockworkers at East and Gulf Coast ports has ground to a…
Former White House economist warns Biden’s budget catalyzes an ‘economic disaster’
Tax hikes, handouts and living with debt instead of the American dream – one former…
Mega Millions jackpot grows to $800 million after no grand prize winner
The Mega Millions jackpot jumped to an estimated $800 million after no tickets matched the…
August jobs report breakdown: Which industries hired the most workers?
Job growth ticked up in August even though it fell short of economists' expectations as…
Mortgage rates stall as home sales remain ‘lackluster’
Long-term mortgage rates remained unmoved this week while shorter notes fell some, but did little…
Volvo reverses goal to make only EVs in 2030
Volvo on Wednesday announced that it's dropping its goal of making only electric vehicles by…
Cathay Pacific grounds planes after finding 15 with faulty parts
Cathay Pacific, Hong Kong's flagship airline, has grounded most of its Airbus A350-1000 fleet and…
Smokers under 30 must show ID to purchase tobacco products, FDA says
The U.S. Food and Drug Administration announced that people who appear under 30 will now…
Pay for new hires is falling in some blue-collar jobs
Some jobs just don't pay what they used to. Data from ZipRecruiter shows the wages…
Mega Millions jackpot balloons to $681 million after no grand prize winner
The Mega Millions jackpot rose to an estimated $681 million after no tickets matched the…
Cash in money market accounts at record level as rate cuts loom
The amount of cash held by investors in money market accounts reached a record level…
There are more 401(k) millionaires in the US than ever before
The number of 401(k) plan participants with balances of $1 million or more rose to…
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