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Categories Economy

GM to lay off 1,300 Michigan workers as vehicles end production

Author December 18, 2023

DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce ending production,

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Categories Economy

New Hampshire city gears up to quadruple its chipmaking for fighter jets

Author December 18, 2023

In the high-dollar, high-tech world of chipmaking, $35 million is a pittance. But the Biden administration’s first CHIPS Act grant, to BAE Systems’

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Categories Economy

New travel system for Europe delayed again, to 2025

Author December 17, 2023

Americans who are planning to visit Europe in 2024 don’t have to worry about applying to the European Union’s new travel authorization

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Categories Economy

MrBeast’s food delivery service partner denies ‘disparaging’ allegations in new legal filing

Author December 16, 2023

Virtual Dining Concepts, a brand that partnered with YouTube star MrBeast in 2020, is continuing to push back against claims he made

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Categories Economy

Federal Reserve again keeps interest rates steady as inflation cools

Author December 16, 2023

The Federal Reserve again kept interest rates steady in final meeting of the year on Wednesday. The U.S. central bank left its benchmark

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Categories Economy

Costco sold more than $100 million in gold bars last quarter

Author December 16, 2023

Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in

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Categories Economy

Coca-Cola recalled 2,000 cases of drinks due to potential contamination

Author December 16, 2023

Coca-Cola is recalling cans of Diet Coke, Sprite, and Fanta Orange that were distributed in Alabama, Mississippi and Florida, saying the cans

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Categories Economy

Rentals across the U.S. may be easing and finally giving tenants a break

Author December 14, 2023

There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic. The real estate brokerage Redfin

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Categories Economy

Dow rallies more than 500 points to record, closes above 37,000 for the first time

Author December 14, 2023

The Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several times next

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Categories Economy

FTC reveals new rule targeting auto dealership scams

Author December 14, 2023

The Federal Trade Commission announced a new rule Tuesday intended to stop auto dealers from using hidden fees and bait-and-switch price tactics

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