GM and UAW Reach Tentative Agreement, Averting Strike and Ensuring Labor Peace
Members of the United Auto Workers union have voted in favor of a new contract that might put an end to a protracted labor battle and a string of severe strikes.
Nov 17, 2023 6:07 AM EST
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Jobless Claims Jump to Highest Level in Three Months, Signaling Cooling Labor Market
The number of Americans filing new jobless claims reached a three-month high last week. The number of Americans filing new jobless claims reached a three-month high last week, indicating that the labor market was progressively cooling, adding to the Federal Reserve's fight against inflation.
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Inflation Eases as Supply Chains Smooth, Workforce Expands and Housing Market Cools
Inflation in the United States may be slowly returning to pre-pandemic levels. Long beyond its unpleasant peak, inflation in the United States may be slowly returning to pre-pandemic levels, without the need for further Federal Reserve interest rate rises.
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Inflation Cools, Stocks Surge: Dow Rebounds with 489-Point Jump
Tuesday saw a sharp increase in US stock prices as investors cheered the release of the October Consumer Price Index, which shocked them with lower-than-expected inflation statistics.
Latest News
Terrapay-Maya Partnership: Filipinos Gain Easier Access to Global Money Transfers
TerraPay and Maya announce a groundbreaking international alliance during the Singapore Fintech Festival, improving accessibility, convenience, and security of international remittances for Filipinos everywhere.
Nov 15, 2023 8:10 AM EST
Truth Social On the Brink of Collapse as Losses Mount
The statement also included a warning that Trump Media's own management is concerned about the firm's capacity to pay for its liabilities and to satisfy its responsibilities to lenders.
Nov 15, 2023 7:29 AM EST
Japan's Economy Shrinks for the 3rd Quarter This Year as Exports Plummet
Japan's economy shrank from July to September, ending two-quarters of growth fueled by exports and tepid consumption.
Nov 15, 2023 6:34 AM EST
Disney's $40 Billion Impact in Florida Faces Uncertainty Amidst Legal Battle
Disney issued a report on Tuesday that estimated its economic effect in Florida at $40.3 billion, as the business battles Florida Gov. Ron DeSantis and his appointees
Nov 14, 2023 9:25 PM EST
New Report Finds China's Development Banks Are Lagging Behind on Green Energy Finance
China's promise to stop financing coal from abroad has not yet resulted in more money going into renewable projects.
Nov 14, 2023 6:16 PM EST
Students' Political Travel Dreams Shattered as Politrip Goes Bankrupt
According to insolvency filings, the company had £2,000 in bank accounts, but it owed HM Revenue and Customs £8,000 and individual clients about £60,000.
Nov 14, 2023 9:51 AM EST
US Treasure Secretary Yellen Urges APEC Finance Ministers to Embrace Sustainable Growth Strategies
U.S. Treasury Secretary Janet Yellen urged the finance ministers of the Pacific Rim to increase their economies' potential for productivity.
Nov 14, 2023 6:40 AM EST
David Cameron's Return Stirs up Memories of Greensill Financial Controversy
Dive into the Greensill financial scandal, encompassing David Cameron's involvement, the collapse of Greensill Capital, Credit Suisse's losses, GFG Alliance's loan, and ongoing investigations, revealing the intricate fallout and controversies.
Nov 14, 2023 5:45 AM EST
JP Morgan ESG Head Urges Governments to Do More to Support Green Tech
Umunna also stated that the transition to a greener, lower-carbon economy presents a big opportunity for banks like JP Morgan.
Nov 13, 2023 7:50 PM EST
Emirates Makes Massive Aircraft Purchase from Boeing, Boosting U.S. Jobs
Emirates kicked off the Dubai Air Show, demonstrating how aviation has recovered from the coronavirus epidemic despite Israel's conflict with Hamas casting a shadow over regional stability.
Nov 13, 2023 10:30 AM EST
Zelle Finally Reimburses Customers for Imposter Scams
Banks using the payment app Zelle have started compensating victims of imposter frauds in response to worries about consumer protection expressed by US politicians and the federal consumer watchdog.
Nov 13, 2023 10:05 AM EST
EU Makes Significant Financial Commitment to COP28 Climate Damage Fund
The European Union would contribute financially in a "substantial" amount to a new worldwide fund that addresses the devastation brought about by climate change.
Nov 13, 2023 8:01 AM EST