The Federal Reserve's preferred inflation gauge showed that price growth eased slightly in April, trending closer to the central bank's target as economists warn the impact of tariffs could push infla...
Houston-based Chevron Corp. (NYSE: CVX) says it is laying more than 200 employees in Texas as it is preparing to cut up to 20% of its global workforce by the end of the end of 2026.Chevron informed th...
Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thu...
Federal Reserve Chair Jerome Powell on Thursday met with President Donald Trump at the White House for the first time in the president's second term."At the President's invitation, Chair Powell met wi...
The number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditions co...
Every airline passenger has heard the message towards the end of the flight that tells them to stay seated after landing until the seatbelt sign is turned off. Now, those who ignore it in Turkey will ...
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form of rising inflation alongside rising unemployment, an outlook buttr...
General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, "to support the production of the sixth generation of GM’s V-8 engines," the automaker announced Tuesda...
U.S. consumer confidence rose in May after five straight months of deterioration after a pause in higher tariff rates between the U.S. and China boosted optimism, though concerns about tariffs raising...
Britain will spend a record $4 billion to increase training opportunities, as part of an effort to train locals to fill gaps in the labor market and reduce reliance on foreign workers, the government ...
McDonald's is extending its operating hours at most U.S. locations starting this summer amid an earlier decision to hire more than 300,000 workers.The fast food chain will keep stores open until midni...
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on the tech giant to return manufacturing to America.Analysts said making iPhones entir...