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Categories Economy

Mortgage demand drops to 27-year low despite drop in interest rates

Author September 7, 2023

After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage

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Categories Economy

From strikes to new union contracts, Labor Day’s organizing roots are especially strong this year

Author September 7, 2023

Labor Day is right around the corner, along with the big sales and barbecues that come with it. But the activist roots

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Categories Economy

Federal Reserve official agrees the central bank can ‘proceed carefully’ on interest rates

Author September 6, 2023

Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time

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Categories Economy

Walgreens CEO Roz Brewer steps down after more than two years in the role

Author September 6, 2023

Walgreens Boots Alliance said Friday that Roz Brewer had stepped down as the company’s chief executive. She also left the company’s board, effective Thursday.

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Categories Economy

U.S. economy added 187,000 jobs in August, more than was expected

Author September 6, 2023

The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve

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Categories Economy

Home prices may be on the verge of cooling off

Author September 2, 2023

After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another

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Categories Economy

Another delivery driver dies as a battle rages over heat safety in Texas

Author September 2, 2023

A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new

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Categories Economy

Florida’s insurance industry faces upheaval amid Idalia cleanup

Author September 1, 2023

CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that

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Categories Economy

Florida’s insurance industry is in flux as Idalia cleanup begins

Author September 1, 2023

CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that

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Categories Economy

Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items

Author September 1, 2023

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