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Categories Economy

Red Lobster says unlimited shrimp promotion was too popular and too cheap

Author December 2, 2023

Red Lobster’s parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the

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Categories Economy

Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen

Author December 2, 2023

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare

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Categories Economy

Thousands of autoworkers at Toyota, Honda and others move to unionize after UAW victory over the Big Three

Author December 1, 2023

The United Auto Workers union said Wednesday it is trying to unionize employees at 13 companies that build cars in the U.S. The

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Categories Economy

Walmart shifts to India from China for cheaper imports

Author December 1, 2023

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs

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Categories Economy

Poorer areas see the bulk of clean energy funds from Biden’s landmark climate law

Author December 1, 2023

President Joe Biden’s landmark climate law is driving outsized clean energy funding into low-income, less-educated and fossil fuel towns, according to a

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Categories Economy

More discounts — and pitfalls — await holiday shopping procrastinators

Author November 30, 2023

Sleep through Black Friday and Cyber Monday? Don’t worry. While the two post-Thanksgiving sales days featured plenty of discounts, retailers are still

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Categories Economy

Thousands of autoworkers at Toyota and Honda move to unionize after UAW victory over the Big Three

Author November 30, 2023

The United Auto Workers union said Wednesday it is trying to unionize employees at 13 companies that build cars in the U.S. The

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Categories Economy

Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at 99

Author November 29, 2023

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Categories Economy

Honda recalls almost 304,000 Accords and HR-Vs over seat belt defect

Author November 28, 2023

Honda is recalling 303,700 2023 and 2024 Accords and HR-Vs because of a defect that could stop some front seat belts in

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Categories Economy

If you haven’t started your Thanksgiving trip, you’re not alone. The busiest days are still to come.

Author November 28, 2023

The late crush of holiday travelers is picking up steam, with about 2.7 million people expected to board flights on Wednesday and

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