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Categories Economy

Autoworkers go on strike at plants for each of the Big Three automakers

Author September 15, 2023

Latest on the UAW strike At midnight, the United Auto Workers union officially went on strike against the Big Three automakers. Members walked

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Categories Economy

Delta will make it harder to get into airport lounges, changes rules to earn elite status

Author September 15, 2023

Delta Air Lines is changing how customers can earn elite frequent flyer status and is making it harder for many American Express cardholders to get

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Categories Economy

Why Detroit’s Big Three are fighting to dominate the next generation of the car industry

Author September 15, 2023

Many of the core issues in the labor dispute between the United Auto Workers and the Big Three U.S. automakers are familiar:

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Categories Economy

Howard Schultz, former Starbucks CEO, steps down from company’s board

Author September 14, 2023

Former Starbucks CEO Howard Schultz is stepping down from the coffee chain’s board, the company said Wednesday. “I look forward to supporting this next generation of leaders

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Categories Economy

Social Security COLA increase for 2024 could be higher than expected

Author September 14, 2023

Payments to Social Security recipients may increase a bit more than expected in 2024, but an advocacy group says they’ll still fall

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Categories Economy

Inflation ticks upward to 3.7% in August as the Fed’s fight to tame high prices rolls on

Author September 14, 2023

Prices for U.S. consumers grew 3.7% in August compared to a year ago as gasoline prices spiked, according to the Bureau of

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Categories Economy

Inflation is driving up consumer credit card debt by billions of dollars

Author September 14, 2023

A combination of inflation and climbing interest rates seems to be stretching consumers’ balance sheets, but it’s not clear yet whether they’re

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Categories Economy

Smucker agrees to buy Twinkie maker Hostess Brands for $5.6 billion

Author September 13, 2023

Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 shares

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Categories Economy

Inflation expected to worsen in August because of higher gas prices

Author September 13, 2023

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Categories Economy

McDonald’s plans to eliminate self-service soda stations at all its restaurants

Author September 13, 2023

Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda

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