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Economy
7-Eleven shutting down nearly 450 stores across North America for underperforming
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.…
Fed’s Powell says immigration surge boosted unemployment rate
Federal Reserve Chair Jerome Powell said Wednesday that immigration is helping push the unemployment rate…
In-person shopping makes a comeback amid record-spending holiday season
Shoppers are ready to drop some cash this holiday season as total spending this year…
Fed’s preferred inflation gauge came in less than expected
The Federal Reserve's favored inflation gauge came in lower than expected in November, but it…
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
Native-born American men have been fleeing the workforce in droves in a decades-long trend that…
Amazon strike expands to Staten Island, New York, warehouse
Amazon workers at a warehouse on Staten Island in New York will join thousands of…
Mortgage rates rise, hitting demand
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing.…
Federal Reserve cuts interest rates by quarter-point in December
The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark…
Inflation rises 2.7% in November, in line with expectations
Inflation ticked higher again in November as prices remained stubbornly high for consumers, leaving Federal…
Trump, Softbank CEO announce $100B investment to create 100,000 American jobs
President-elect Donald Trump and Softbank CEO Masayoshi Son announced Monday a $100 billion investment in…
Comrade Workwear apparel brand to launch ‘most-wanted CEOs’ playing cards
A socialist apparel brand called Comrade Workwear is planning to release a set of "most…
Mechanic shortage persists as workers age out of profession
There is a growing shortage of mechanics in the U.S. as workers continue to age…
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