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Economy
US jobless claims increase more than expected in May
The number of Americans filing new applications for unemployment benefits increased more than expected last…
Wage stagnation forces fast-food workers into ‘unsustainable’ economic trap
Fast-food employees are struggling to afford necessities and a recent report shows they must work…
Trump threatens Apple and EU with sweeping new tariffs
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the…
Texas lawmakers vote to ban hemp products in blow to $4 billion industry
Texas is on the verge of banning nearly all intoxicating hemp products after the Republican-controlled…
Analysts warn shifting iPhone production to US would drive-up costs
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in…
McDonald’s extending hours at most US locations this summer amid hiring surge
McDonald's is extending its operating hours at most U.S. locations starting this summer amid an…
February inflation report expected to show another ‘strong’ monthly increase
A closely watched inflation report due Tuesday is expected to show that progress in fighting…
Domestic oil production currently thrives, but the Biden administration fights it
Despite the Biden administration's aggressive green energy push, the U.S. still leads the world in…
401(k) ‘hardship’ withdrawals surge to another record as high inflation stings
A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in…
Florida man wearing Amazon vest seen swapping package with empty box
A Florida homeowner shared surveillance video of a man in an Amazon vest replacing a…
Wholesale inflation unexpectedly accelerates to highest level since September
Inflation at the wholesale level rose much more than expected in February, the latest sign…
Mortgage rates decline for second week, but no major drops expected soon
Mortgage rates fell for the second week in a row, but economists are not expecting…
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