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Economy
Cleveland-Cliffs announces layoffs of 600 Michigan plant workers
Steelmaker Cleveland-Cliffs announced this week it will idle one of its production factories and lay…
Why are Social Security benefits paid later this May?
Social Security beneficiaries will see their payments arrive a little later than normal this month…
Six Flags America in Maryland is closing — here is the final day for rides
The Six Flags theme park with the oldest roller coaster across all its properties is…
Elon Musk says DOGE should ‘definitely’ look at Federal Reserve’s costs
Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the…
US Chamber of Commerce requests Trump admin take action ‘to save America’s small businesses’
The U.S. Chamber of Commerce warned in a new letter to the Trump administration that…
Goldman Sachs CEO thinks markets will ‘settle down’ after expectations ‘reset’
Goldman Sachs CEO David Solomon said Tuesday he thinks financial markets will overcome prevailing uncertainty…
Fed’s favored inflation gauge showed price growth slowed in March
The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending…
Private sector added 62,000 jobs in April: ADP
Companies in the private sector added 62,000 jobs in April, payroll processing firm ADP said…
US first-quarter GDP: Economy contracted at a 0.3% rate
The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took…
Delta Air Lines offering pay increase to employees for fourth consecutive year
Delta Air Lines announced its employees worldwide will be receiving a pay raise this year,…
Bessent says US will weigh China’s failure on ‘phase one’ trade deal
Treasury Secretary Scott Bessent said Tuesday the Trump administration will take into account China's lack of…
Consumer confidence dipped to a five-year low in April
Consumer confidence fell to its lowest level in nearly five years in April as concerns…
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