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Economy
Panasonic announces job cuts of 10,000
Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced…
Fed’s Beige Book: Tariff-induced price hikes, trade worries spotlighted
A new report from theĀ Federal Reserve showed that U.S. businesses are reporting increased costs due…
Moody’s downgrades US credit rating over persistent budget deficits
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch…
Consumer sentiment fell again in May amid inflation worries, tariff uncertainty
U.S. consumer sentiment continued to decline in May as Americans' expectations about future inflation rose…
The pope took a vow of poverty. He may still need to file US taxes.
Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow…
Federal Reserve to cut staff by 10% in coming years
The Federal Reserve is planning to reduce the workforce at the central bank by 10%…
Medicare Advantage plans may cover items not associated with health, such as pet food
SomeĀ Medicare Advantage plans are offering enrollees surprising supplemental benefits to boost their health, though a…
Jamie Dimon says a US recession is still a possibility
JPMorgan Chase CEOĀ Jamie Dimon on Thursday warned that a potential recession could still occur as…
A high school in Pennsylvania is instructing students for trades that have high demand
Some high schools have started offering shop classes again, so students can gain in-demand trade…
State Farm’s request for double-digit insurance rate hike approved by California
The state of California approved State Farm's request for a double-digit increase in home insurance…
Trump says he has ‘a little problem’ with Tim Cook looking to make iPhones in India
President Donald Trump said he had a "little problem" this week with Apple CEO Tim…
Mortgage rates rise to 6.81%: Freddie Mac
Mortgage rates increased for the first time since last month, mortgage buyer Freddie Mac said…
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