Tag: business news

Inflation ticked up in July, as indicated by a measure favored by the Federal Reserve ahead of its anticipated interest rate cut – the first in over four years. The

Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,

JPMorgan Chase shares experienced a 5% decline after the bank’s president expressed concerns about overly optimistic expectations regarding net interest income and expenses for 2025. While aiming to be near

U.S. factories continued to experience a slowdown in August, raising concerns about the direction of the economy, according to various manufacturing indicators. The Institute for Supply Management’s monthly survey of

Ford Motor’s Ford Pro commercial and fleet business will see a change in leadership at the end of this month. After 35 years with the company, CEO Ted Cannis will

China’s retail sales, industrial production, and urban investment all grew slower than expected in August, according to data released by the National Bureau of Statistics. Retail sales increased by 2.1%

Atlanta Federal Reserve President Raphael Bostic suggested on Wednesday that he is prepared to begin lowering Interest rates despite ongoing Inflation exceeding the Central bank‘s target. Previously considered a more

Two lawmakers, Rep. Paul Tonko, D-N.Y., and Sen. Richard Blumenthal, D-Conn., introduced the Supporting Affordability and Fairness with Every Bet, or the SAFE Bet Act, to implement federal regulations on

Hedge fund billionaire John Paulson, known for his successful bets against the housing market during the financial crisis and a vocal supporter of former President Donald Trump, expressed concerns about

Job openings reached a 3 1/2 year low in July, according to the latest data from the Labor Department, indicating slack in the labor market. The Job Openings and Labor