Categories Economy
Economy
Categories Economy
Categories Economy
Categories Economy
S&P downgrades multiple U.S. banks on growing liquidity worries
August 23, 2023
S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional banks, saying higher funding costs and troubles
Categories Economy
UPS workers overwhelmingly approve new contract, ending strike threat
August 23, 2023
UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next five-year contract covering 340,000 employees to take
Categories Economy
The 30-year mortgage rate hits 7.48%, the highest level since 2000
August 22, 2023
Mortgage interest rates continue to climb, putting homeownership further out of reach for many potential buyers. On Monday, the average interest rate on
Categories Economy
Over 1.5 million dehumidifiers recalled due to fire and burn hazards
August 19, 2023
Gree Electric Appliances, Inc., is recalling 1.56 million dehumidifiers sold between 2011 and 2014 under brand names like Kenmore and GE due
Categories Economy
Categories Economy
Categories Economy
Fed officials see ‘upside risks’ to inflation, possibly leading to more rate hikes, minutes show
August 18, 2023
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be