By just about any measure, the mighty American economy is chugging along nicely. The much-forecast recession of 2023 simply never happened. Instead, the jobless rate has remained below 4% for two years, wages are finally…
Business
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Mass shootings, bullying, student mental health and the threat of gun violence have become increasingly bigger concerns at U.S. schools during the last two decades. In the wake of the pandemic, which was both deeply…
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Business
Credit card balances spiked in the third quarter to a record $1.08 trillion. Here’s how we got here.
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest…
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Business
Credit card balances spiked in the third quarter to a $1.08 trillion record. Here’s how we got here
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest…
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Mass shootings, bullying, student mental health and the threat of gun violence have become increasingly bigger concerns at U.S. schools during the last two decades. In the wake of the pandemic, which was both deeply…
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Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in New Jersey federal court Monday, saying that it had entered into agreements with the vast majority of its secured note holders and that it intended to trim…
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Business
Tens of thousands of Las Vegas Strip hotel workers at 18 casinos could on go strike this month
Tens of thousands of Las Vegas hotel workers set a deadline Thursday for a sweeping strike, threatening major disruptions to the city’s economic backbone that could coincide with the Strip’s inaugural Formula 1 races later…
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When Tyson Foods announced in August that it was closing its 1,500-worker chicken plant in Noel, Missouri, residents knew the rural town would be hit hard. Some started leaving soon after the company — which…
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Business
Matthew Perry reportedly got $20 million a year in ‘Friends’ residuals. Here’s who may get them now.
Matthew Perry, the beloved actor best known for his role as sarcastic, wise-cracking Chandler Bing on the sitcom “Friends,” died Saturday at age 54. He left behind a legion of fans and a sizable estate. A significant…
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The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat off the Federal Reserve in its fight against inflation. Nonfarm payrolls increased by 150,000 for…