Federal Reserve credits Taylor Swift's 'Eras Tour' for rise in hotel revenue
One U.S. city reported its highest growth in hotel bookings for the first time since the start of the pandemic when the singer's tour came to the area.
US inflation believed to have slowed in June in sign of easing price pressures
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Negotiations break down between UPS, Teamsters Union, future uncertain
After a marathon overnight session, negotiations have reportedly collapsed between Sandy Springs-based United Parcel Service and the Teamsters Union which represents nearly 340,000 employees.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads
Biden vows to bring high-speed internet access to all Americans by 2030
President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."
Home listings plummeted to record low in May: Redfin
A shortage in homes for sale is fueling bidding wars, experts say.
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
Auto shops struggle to find trained mechanics amid national shortage: 'It's really getting scary'
There's only about half the number of auto mechanics needed coming out of technical colleges and training programs every year.
Instant Pot maker seeks bankruptcy protection as sales go cold
Instant Pots, which became a must-have gadget several years ago, have been disappearing from kitchens.
Inflation cools sharply in May to 4%, lowest in 2 years
Last month marked the slowest pace of inflation since March of 2021.
Old Arizona mine turned into cannabis cultivation facility
Seventy-five people work here, plus the town has set up a committee to attract more business and breathe new life into the once-dying town of San Manuel.
Martha Stewart warns American economy will 'go down the drain' if people don't return to offices
"You can’t possibly get everything done working three days a week in the office and two days remotely," Martha Stewart said.
Summer camps, sports leagues jump on buy now, pay later bandwagon
As inflation continues to weigh down household budgets, thousands of camps and sports leagues are now offering buy now, pay later with a service called Wordline.
Biden signs debt ceiling bill, dodging default deadline
The debt ceiling bill averted the potential of an unprecedented government default that would have rocked the U.S. and global economies.
Debt ceiling deal: Biden celebrates bipartisanship, 'crisis averted' in Oval Office address
He's ready to sign on Saturday a budget agreement that suspends the nation's debt ceiling and eliminates the potential for a first-ever government default that would have sent shock waves through the U.S. and global economies.
Debt ceiling: Senate gives final approval to deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Know any airplane mechanics? Wave of retirements leave some US industries desperate
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
Debt ceiling deal includes new work requirements for SNAP: How they work
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.