According to a US administration official, President Joe Biden will issue a final regulation as early as this week that would make it harder for businesses to designate people as independent contractors rather than employees, who usually cost a business more.

Jan 08, 2024 07:56 PM EST

Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.

Jan 08, 2024 11:50 AM EST

It seems that the aviation industry's incredible rise from the pandemic's lowest points is coming to an end. A thorough examination of many data reveals a tendency toward stabilization in multiple important indicators, indicating the end of fast expansion and the beginning of a new routine.

Jan 08, 2024 11:30 AM EST

The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.

Jan 08, 2024 10:28 AM EST

The Securities and Exchange Commission is presently reviewing 13 spot Bitcoin (CRYPTO: BTC) ETFs before approving them.

Jan 08, 2024 06:44 AM EST

A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.

Jan 07, 2024 09:17 PM EST

U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.

Jan 04, 2024 10:20 AM EST

With the gross national debt of the federal government at above $34 trillion, it is a record level that portends political and economic obstacles to improving America's balance sheet in the years to come.

Jan 04, 2024 09:46 AM EST

A U.S. labor agency accused rocket and satellite manufacturer SpaceX on Wednesday of forcibly terminating eight workers for distributing a letter denouncing founder and CEO Elon Musk as a "distraction and embarrassment."

Jan 04, 2024 05:46 AM EST

Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.

Jan 03, 2024 09:50 AM EST

Even with attempts to shield commercial vessels from assaults by Iranian-backed Houthi insurgents headquartered in Yemen, there is still a significant risk to international trade in the Red Sea.

Jan 03, 2024 09:10 AM EST

Lower gasoline prices could aid individuals in recuperating from excessive holiday spending.

Jan 03, 2024 08:24 AM EST

Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.

Jan 03, 2024 06:41 AM EST

Wall Street on Tuesday gave back some of its significant gains from the previous year due to a poor start to 2024.

Jan 02, 2024 08:07 PM EST

With hope around the potential approval of exchange-traded spot bitcoin funds, the world's largest cryptocurrency, bitcoin, kicked out the New Year with a bang on Tuesday, surging above $45,000 for the first time since April 2022.

Jan 02, 2024 10:10 AM EST