Tag: United States
Boeing Begins Furloughing Employees Amid Strike Concerns
Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of
DetailThe Fed’s Tough Balancing Act: Ray Dalio’s Insights
Billionaire investor Ray Dalio recently highlighted the significant amount of debt facing the U.S. economy, as the Federal Reserve made its first interest rate cut since the early stages of
DetailTop Stocks to Watch for Maximum Returns: X, VFC, RMD, MSFT and More
Shares of United States Steel rose over 3% following news that Nippon Steel’s bid for the company will be reviewed after the November election. General Mills saw a 1% decrease
DetailTop 5 Forces Shaping the Global Economy According to Ray Dalio
U.S. billionaire Ray Dalio recently outlined the top five key factors driving the Global Economy today during his appearance at the Milken Institute’s Asia Summit in Singapore. These factors are
DetailAlaska and Hawaiian Airlines Merger Receives Approval from Department of Transportation (DOT)
Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s
DetailUAW Union Accuses Stellantis of Unfair Labor Practices
The United Auto Workers (UAW) union filed federal unfair labor practice charges against Stellantis for allegedly breaching contract terms and attempting to shift production of the Dodge Durango outside the
DetailHow a Fed Rate Cut Could Impact Chinese Stocks
The U.S. Federal Reserve is expected to begin easing its Interest rates, which could have a positive impact on Chinese Stocks. Chinese Central bank authorities may also have more flexibility
DetailStarbucks’ New CEO Brian Niccol Reveals Business Plans for Growth
Starbucks’ new CEO, Brian Niccol, is focusing on improving the chain’s U.S. business before addressing issues abroad. In an open letter, Niccol acknowledged that Starbucks needs to enhance the barista
DetailNew Bill Introduced to Regulate Sports Betting in the U.S.
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
DetailAugust Unemployment Rate Drops for Black Workers
The latest data from the Department of Labor shows that the unemployment rate for Black workers decreased in August. Black workers saw their jobless rate drop to 6.1% from 6.3%
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