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Economy
India considering tariffs on US goods to counter Trump’s levies
India is considering placing tariffs on some goods produced in the U.S. to counter the…
Retail job cuts spike as major chains close stores amid economic pressure
The number of job cuts announced in the first five months of 2025 increased 80%…
Mortgage rates rise for second straight week, highest since July
Mortgage rates spiked this week to the highest level in five months, ending the year…
Mergers that were blocked or challenged by the Biden admin in 2024
The Biden-Harris administration took an aggressive stance in scrutinizing proposed mergers and acquisitions in recent years,…
Elon Musk shoots down ‘wrong-headed economic thinking,’ says there’s ‘infinite potential’ for job creation
Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is…
Starbucks workers expand strike, closing nearly 60 stores in several US cities
Starbucks workers have expanded their strike to more cities and closed 59 stores across the…
Nissan, Honda announce plans to consider merger
Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint…
In-person shopping makes a comeback amid record-spending holiday season
Shoppers are ready to drop some cash this holiday season as total spending this year…
Amazon strike expands to Staten Island, New York, warehouse
Amazon workers at a warehouse on Staten Island in New York will join thousands of…
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
Native-born American men have been fleeing the workforce in droves in a decades-long trend that…
Fed’s preferred inflation gauge came in less than expected
The Federal Reserve's favored inflation gauge came in lower than expected in November, but it…
Mortgage rates rise, hitting demand
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing.…
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