House Dem predicts Biden will intervene to stop strike against big three automakers

A House Democrat predicted Tuesday on an episode of Bloomberg’s podcast “Sound On” that President Joe Biden would intervene to avoid a major auto industry strike. The […]

China to launch massive new fund to fight US in tech war

China will soon launch a large new state-backed investment fund to pour capital into the Chinese semiconductor sector in order to compete with the U.S., according to […]

Importers ditch West Coast ports after a year of labor unrest

West Coast ports have seen a dec from U.S. importers that have soured on their gates of entry after a year of uncertainty around port union worker […]

Americans are getting crushed by debt — and it may just get worse

Americans are currently beset by record levels of debt, and their financial burden could further increase thanks to rising interest rates, inflationary prices and the looming end […]

There’s a glaring sign that Biden’s jobs market may be much weaker than advertised

The number of part-time jobs has increased dramatically in the U.S. since June while the number of full-time jobs in that same time frame has taken a […]

Major union hurls new accusations at automakers as strike date nears

A major auto union said Thursday that it has filed two complaints with the National Labor Relations Board (NLRB) in negotiations with the Big Three automakers, claiming […]

China’s latest data dump shows economy is still struggling to regain momentum

New state economic data released Thursday shows that China is facing headwinds in its effort to revive its struggling economy, according to The Wall Street Journal. China […]

Biden admin resurrects failed Obama effort to raise salary threshold for overtime pay

The U.S. Department of Labor (DOL) announced Wednesday a proposal to extend overtime pay protections for salaried workers, reviving an effort by former President Barack Obama that […]

Economy grew less than previously thought in second quarter

Economic growth was revised downward for the second quarter of 2022, coming in with economists’ original expectations, according to the Bureau of Economic Analysis (BEA). […]

As more countries link arms with China, is US dollar dominance truly at risk?

A growing number of major economies have recently criticized the status of the U.S. dollar as the primary currency for global trade, leaving experts to fear long-term […]

Biden admin unveils list of drugs subject to Medicare price negotiations

The Biden administration on Tuesday revealed a list of ten drugs subject to price negotiations between Medicare and major pharmaceutical companies. Negotiations between drug manufacturers and Medicare […]

‘It is a risky proposition’: Homeowners are skipping out on insurance as premiums skyrocket

Some Americans are choosing to go without home insurance as the cost of premiums continues to rise, according to The Wall Street Journal. Over the past three […]

1 30 31 32 33 34 38