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Categories Business

Despite layoff headlines, there’s still plenty of hiring going on in the U.S. economy

Author February 4, 2023

The past several months have been dominated by headlines of layoffs at high-profile companies, particularly in the tech industry. But Friday morning,

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Categories Business

U.S. added 517,000 jobs in January as employers drove unexpected hiring surge

Author February 4, 2023

The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since last July. Nonfarm payrolls

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Categories Business

Jury finds Elon Musk did not defraud Tesla investors with infamous ‘funding secured’ claim

Author February 4, 2023

A jury found Elon Musk not liable for costing investors millions of dollars when he issued a series of tweets saying he

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Categories Business

Class-action lawsuits alleging deceptive practices by Beyond Meat will be combined in Chicago

Author February 3, 2023

A series of class-action lawsuits alleging deceptive practices by Beyond Meat will be heard as a single case in Chicago, a court

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Categories Business

Biden administration moves to curb credit card late fees

Author February 2, 2023

The Biden administration on Wednesday proposed new rules that would limit the fees credit card companies charge for missed payments. The move was

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Categories Business

Bed Bath & Beyond closing 87 more stores as it looks toward bankruptcy

Author February 2, 2023

Bed Bath & Beyond is closing an additional 87 stores, as the troubled home goods retailer seeks to consolidate its assets ahead

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Categories Business

Conagra recalls 2.6 million pounds of canned meat and poultry

Author February 2, 2023

Conagra Brands is recalling some 2.6 million pounds of canned meat and poultry that were potentially spoiled due to a packaging defect. The

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Categories Business

Fed’s interest rate hike means pricey mortgages aren’t going away anytime soon

Author February 2, 2023

The Federal Reserve is still raising interest rates, meaning homebuyers will still face high mortgage rates after a rough 2022 for the

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Categories Business

Federal Reserve raises key interest rate 0.25%, signals more hikes likely

Author February 2, 2023

The Federal Reserve announced Wednesday that it had raised its key federal funds rate by 0.25% as it seeks to keep putting

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Categories Business

Is the U.S. economy really heading for a recession? Here’s what economists think

Author February 1, 2023

Here’s the good news about the U.S. economy right now: Despite a wave of high-profile layoff announcements, most workers are still employed.

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