A potential Trump nominee for U.S. Treasury secretary, who also happens to be a billionaire hedge fund manager, has explained how Vice President Kamala Harris’ tax plan could send markets into a quick plunge.
Stock market would crash under Harris’ tax plan, billionaire hedge fund manager warns Read More »
The manufacturing sector continued to shed jobs in October, bringing its tally of job losses to 78,000 over the past three months.
Manufacturing sector sheds 78K jobs in last three months Read More »
Fast food giant Wendy’s is shuttering 140 underperforming locations through the end of 2024 as it looks to improve its “restaurant footprint and overall system health.”
Wendy’s to close 140 restaurants by the end of the year Read More »
The U.S. economy grew slightly slower than expected in the third-quarter amid easing inflation and strong consumer spending.
US economy grew 2.8% in the third quarter, slower than expected Read More »
Former President Donald Trump announced during a New York City campaign rally on Sunday that, if elected, he would support granting a tax credit for family caregivers.
Trump pledges tax credit for family caregivers at NYC rally Read More »
Denny’s Corporation will close 150 of its Denny’s restaurants.
Denny’s to close 150 restaurant locations Read More »
The ongoing strike by Boeing’s union machinists could end this week, but not before racking up more economic damage than any other work stoppage in the U.S. so far this year, according to estimates.
Boeing strike costliest in economic damage so far in 2024 Read More »
Workers at seven CVS pharmacies in Southern California are now on strike, as they demand better pay and health care and to call out what they describe as the company engaging in bad-faith contract bargaining.
CVS workers strike at 7 California locations seeking better pay, health care Read More »
PPG — a global manufacturer of paints, coatings, and specialty materials — is laying off nearly 2,000 workers as it trims operation costs and sells off a chunk of its architectural business.
Major paint company to lay off 1,800 workers, close facilities in cost reduction program Read More »
Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high home prices.
