Apparel giant gives warning for American market after posting first loss in three decades

German sportswear giant Adidas reported on Wednesday a net loss for 2023 and noted that revenues for North America will most likely struggle into 2024, according to […]

Federal gov’t spent more than double what it collected in February

The U.S.’s national deficit surged in February as income decd and expenses rose, resulting in the federal government spending than double what it collected in the […]

Intel skirts attempt to stop China chip sales despite Biden admin sanctions: Report

Top semiconductor manufacturer Intel has so far managed to continue the sale of hundreds of millions of dollars worth of chips to Chinese telecommunications company Huawei, despite […]

Inflation remains high as investors push back rate cut expectations

Inflation ticked up year-over-year in February to the ire of investors who have consistently had to push back their expectations of an interest rate cut from the […]

Biden wants to spend hundreds of billions fighting housing affordability crisis he Helped Create

President Joe Biden’s budget proposal for fiscal year 2025 includes over $250 billion in funding to boost housing supply as housing unaffordability continues to plague Americans. The […]

Inflation is forcing Americans to drain their retirement accounts just to stay afloat

The of people who withdrew from their 401(k) for financial emergencies surged to a record high in 2023 as Americans loed to counteract rising prices and […]

Part-time jobs continue to surge as Americans struggle to make ends meet

An increasing number of Americans are turning to part-time jobs and working multiple jobs to make ends meet as economic factors like high inflation continue to put […]

Biden’s ‘junk fees’ crackdown is a distraction from the real problems, experts say

President Joe Biden has made it a key part of his economic agenda to crack down on “junk fees” that he claims are causing Americans’ woes, but […]

Gov’t report could lead to an infestation of federal regulation into youth sports, experts say

A key report recently released by a federal government commission could result in a slew of new regulations being pushed onto youth sports, experts told the Daily […]

Biden added one-third less jobs in January than previously thought

The government overestimated the number of jobs added to the U.S. economy by than one-third in January, continuing the trend of revising down huge job gains, […]

BizPac Review
Job gains surge for another month as unemployment ticks up

The U.S. added 275,000nonfarm payroll jobs in February as the unemployment rate ticked up to 3.9%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists […]

Layoffs surge for another month despite job gains

Layoffs at U.S. companies surged for another month as businesses adjusted to current market conditions, despite huge reported job gains, according to outplacement firm Challenger, Gray & […]

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