Economy

Pay for new hires declining in blue-collar jobs amid shifting economic conditions

New data reveals that pay for new hires in some blue-collar jobs is decreasing, reflecting shifting economic conditions and employer responses to labor market changes.

Federal investigation launched into deaths of 2 delta workers after wheel mishap at Georgia facility

The deaths of two Delta workers at a Georgia facility are under federal investigation following a tragic wheel mishap, raising concerns about workplace safety protocols.

Houston Convention expected to attract tens of thousands, boost economy by millions

Organizers anticipate a major convention in Houston will draw tens of thousands of attendees and inject millions into the local economy, providing a significant economic boost to the city.

Hybrid electric vehicles drive increase in U.S. electric and hybrid market share

The share of electric and hybrid vehicle sales in the U.S. increased to 18.7% in the second quarter of 2024, driven primarily by a rise in hybrid electric vehicle sales.

Fed signals rate cuts: Market reactions, key takeaways from Powell’s speech

Recession risks are fading, business economists say, but political tensions pose threat to economy

Biden dings Trump on infrastructure, while he showcases USD 8.2 Billion for 10 major rail projects

U.S. economy grows at fastest pace in more than two years; higher interest rates eroding momentum

Americans may be forced to finally pull back on their post-Covid spending spree

San Francisco bidding to reverse image of a city in decline as host of APEC trade summit

Inflation has been easing but it is yet far from normalcy

Number of Americans filing claims for unemployment benefits falls to the lowest level in 3 weeks

Senator Schumer and Speaker McCarthy agree over temporary funding bill for government to avoid shutdown