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Categories Economy

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

Author October 10, 2023

Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor

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Categories Economy

Mack Trucks employees go on strike after rejecting contract

Author October 10, 2023

Workers at Mack Trucks have gone on strike Monday after rejecting a proposed contract between the company and the United Auto Workers

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Categories Economy

More than 75,000 workers to strike at hundreds of Kaiser Permanente health facilities across U.S.

Author October 9, 2023

Workers at Kaiser Permanente — the nation’s largest health care nonprofit organization — began a strike Wednesday morning that is set to

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Categories Economy

Sex, Signal messages and sabotage: SBF’s top execs and Bahamas roommates tell all in court

Author October 9, 2023

Two of Sam Bankman-Fried’s former friends from MIT, who also worked at crypto exchange FTX while living with the company co-founder in the

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Categories Economy

Homebuyers feel locked out as prices soar and mortgage interest rates hit new highs

Author October 9, 2023

In the housing market today, it feels like what goes up doesn’t have to come down. It looked like home prices were finally

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Categories Economy

Cyberattack cost MGM Resorts about $100 million, Las Vegas company says

Author October 9, 2023

The criminal cyberattack on MGM Resorts in Las Vegas last month resulted in the company’s losing around $100 million, it said in

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Categories Economy

Walmart says users of weight loss drugs are buying less food

Author October 9, 2023

Walmart says people who get weight loss drugs like Wegovy at its pharmacies are buying a bit less food at its stores. Walmart’s

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Categories Economy

Abercrombie & Fitch is investigating abuse accusations against ex-CEO

Author October 9, 2023

Abercrombie & Fitch says it is investigating allegations that ex-CEO Mike Jeffries, who led the company for more than 20 years and

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Categories Economy

Savings simulator: Is your money beating inflation?

Author October 9, 2023

Walk past any bank and you’ll likely see savings rates advertised in the window. That’s because, for the first time in many years,

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Categories Economy

Here’s who might testify in Sam Bankman-Fried’s fraud trial

Author October 5, 2023

On day one of Sam Bankman-Fried’s criminal trial, Assistant U.S. Attorney Danielle Sassoon rattled off a lengthy list of potential witnesses who

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