Retail
Nationwide Amazon strike expands to Staten Island warehouse workers: 'Will not be stopped'
Workers at an Amazon warehouse on Staten Island in New York will join thousands of others as the strike against the retail giant continues.
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
U.S. workforce participation among native-born Americans has been plummeting for decades amid rising immigration, according to a new report that sounds the alarm on the issue.
In-person work has reached a ‘new plateau,’ economic expert says
Cushman & Wakefield Inc. Chairman of Global Brokerage Bruce Mosler weighs in on the in-person office push happening in New York City.
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,167,604,149,955.61 as of 12/19/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Teamsters union launches historic nationwide strike against Amazon: 'Paying the price'
Amazon workers associated with the Teamsters union are walking off the job at seven facilities across the country in a historic strike against the trillion-dollar company.
Mortgage rates rise, hitting demand
Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a drop in refinances.
Federal Reserve cuts interest rates by quarter point in December
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
Trump, Softbank CEO announce $100B investment to create 100,000 American jobs
President-elect Donald Trump and Softbank's CEO announced $100 billion in investments Monday in a bid to create 100,000 new American jobs.