Federal Reserve holds interest rates steady
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, amid a softening labor market and growing uncertainty over the war in Iran. Fed...
Author : Robert B. Hambrick
Dell workforce shrinks by 10% for third consecutive year
Dell’s workforce has fallen by 10% for a third year in a row, according to annual reports filed Monday. As of Jan. 30, the Texas-based...
The US housing markets that are seeing the largest drops in rent prices
American renters got some price relief in February as the national median asking rent dipped to the lowest level in four years, with some metro...
Cruise lines face fuel cost surge as oil prices jump on Iran tensions
Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see...
‘Empty refrigerators and eviction notices’: TSA union leaders demand end to DHS shutdown
Union leaders representing Transportation Security Administration (TSA) workers in Atlanta called on lawmakers Monday to end the Department of Homeland Security (DHS) shutdown, saying the...
Iran war unlikely to trigger global supply chain crisis, Goldman Sachs says
The war in Iran is pushing oil and gas prices higher, and while the world economy faces a shock from energy prices, an analysis by Goldman...
Trump admin invokes Defense Production Act, directs oil company to restart California operations
The Trump administration invoked the Defense Production Act to order an oil company to restart shuttered offshore operations in California, saying the move is necessary...
Egg prices plunge as avian flu impact eases, but risks remain
Egg prices have declined rapidly over the last year as the market normalizes following a significant avian flu outbreak that began in 2022, though the...
Austin airport gridlock: Security lines stretch outdoors as DHS shutdown hits one-month mark
Airport security lines in Austin stretched outside the door early Friday with passengers waiting hours to board their flights amid pressure on Congressional lawmakers to...
US economic growth revised lower in fourth quarter
The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross...