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Economy
Maine voters split over inflation ahead of 2024 presidential election
President Biden and former president Donald Trump are officially facing off again in the 2024…
Rising fuel costs threaten Spirit Airlinesā bankruptcy exit plan
Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its…
Salesforce reduces customer support workforce from 9,000 to 5,000 using AI
Salesforce has cut 4,000 customer support jobs and replaced them with artificial intelligence (AI) agents,…
McDonald’s CEO says ‘two-tier economy’ is developing in US
McDonaldās CEO Chris Kempczinski warned of a "two-tier economy" as the fast-food giant brought back…
Trump administration considers national housing emergency declaration
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration…
ECB’s Lagarde warns Trump’s Fed interference poses serious economic risk
A key leader in the world economy is warning that undue interference in the Federal…
Southwest flies first plane with new flight deck security barrier
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck…
Trump asks court to deny Fed governor Lisa Cook’s restraining order request
PresidentĀ Donald Trump on Friday requested that a federal judge deny a request by Federal Reserve…
July PCE: Fed’s favored inflation gauge remained elevated
The Federal Reserve's preferredĀ inflation gauge showed that inflationary pressures remained elevated in July, as the…
Mortgage rates fall to 6.56%: Freddie Mac
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday. Freddie Mac's…
US GDP beats expectations with 3.3% growth in second quarter revision
The U.S. economy grew at a faster rate than previously thought in the second quarter…
NextGen Acela train launches Thursday with 160 mph speeds NYC and Boston
Five new Amtrak trains will begin rolling out between Washington, D.C., New York and Boston…
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