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Economy
Canadian freight railroads shut down over union dispute
The two largest rail companies in Canada locked out nearly 10,000 unionized employees Thursday after…
A closely tracked recession signal just got triggered by the July jobs report
The weaker-than-expected July jobs report triggered a reliable recession indicator that Wall Street closely monitors,…
FAA using military airspace to ensure smooth Thanksgiving travel for civilians
With millions of Americans expected to travel for Thanksgiving, the Federal Aviation Administration (FAA) is…
Mortgage demand jumps as rates fall
Long-term mortgage rates fell over the past week, reigniting demand for home purchases and breathing…
Trump’s proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to impose a 25% tariff on all goods from Mexico and Canada…
Americans hosting Thanksgiving to spend 19% more than last year: report
Stubbornly high inflation is continuing to strain the budgets of American households this Thanksgiving, as a…
Two historic London food markets to shutter
A pair of historic wholesale meat and fish markets in London will permanently close in…
Freddie Mac, Fannie Mae backing bigger home loans in 2025
The Federal Housing Finance Agency (FHFA) announced Tuesday it is raising the loan amount limits…
Airport service workers at Charlotte, North Carolina airport on strike Thanksgiving week
Service workers at Charlotte Douglas International Airport (CLT) in Charlotte, North Carolina, went on strike…
Inflation rises 2.6% in October, in line with expectations
Inflation ticked slightly higher in October as prices remained stubbornly high for consumers, giving Federal…
New York Fed data shows credit card debt hit another record
Americans' credit card debt continues to climb, hitting a fresh record at the end of…
US national debt hits a new record: $36 trillion
The U.S. national debt surpassed $36 trillion for the first time in the nation's history on…
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