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The stock market is dominated by just a handful of companies. The Biden administration is worried
The stock market is dominated by just a handful of companies. The Biden administration is worried
Just seven stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- make up close to $11 trillion in market value and contributed about 75% of returns of the S&P 500 in the first half of 2023, according to a recent Bank of America report.
2023-07-25 19:57
Factbox-Detroit Three facilities where UAW is on strike
Factbox-Detroit Three facilities where UAW is on strike
The United Auto Workers union will expand its strikes against automakers General Motors and Chrysler parent Stellantis, but
2023-09-23 00:59
NYC Mayor Seeks 5% Cuts Across Agencies as Migrant Costs Mount
NYC Mayor Seeks 5% Cuts Across Agencies as Migrant Costs Mount
New York Mayor Eric Adams asked agencies to submit proposed annual budget cuts of 5% by November as
2023-09-10 05:19
US airlines cancel over 1,000 flights as Hurricane Idalia makes Florida landfall
US airlines cancel over 1,000 flights as Hurricane Idalia makes Florida landfall
(Reuters) -Airlines in the United States canceled more than 1,000 flights on Wednesday as Hurricane Idalia slammed into the Big
2023-08-31 00:59
Initial Unemployment Claims in US Decline by Most Since June
Initial Unemployment Claims in US Decline by Most Since June
Applications for initial US jobless benefits fell by the most since June, suggesting employers are still holding on
2023-11-22 22:17
Meme stocks ride on, though investors more cautious than GameStop era
Meme stocks ride on, though investors more cautious than GameStop era
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK More than two years since a breathtaking surge in
2023-08-18 18:46
'We abuse plastic, it's so cheap': UN Environment chief
'We abuse plastic, it's so cheap': UN Environment chief
Humanity uses and abuses hundreds of millions of tonnes of plastic a year because "it's so cheap", despite the huge cost of the pollution it creates, the head of the...
2023-05-26 22:51
Watches of Switzerland Plunges After Rolex Buys Rival Retailer
Watches of Switzerland Plunges After Rolex Buys Rival Retailer
Shares of Watches of Switzerland Group Plc fell as much as 25% on concerns the biggest retailer of
2023-08-25 16:22
Detroit Casino Council ratify contract with MGM, Penn
Detroit Casino Council ratify contract with MGM, Penn
Unions representing casino workers in Detroit have voted to ratify a new contract with MGM Grand Detroit operated
2023-12-03 08:16
No blanket spending cuts in 2024 budget, says German Finance Minister
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:55
Honda recalls nearly 250K vehicles because bearing can fail and cause engines to run poorly or stall
Honda recalls nearly 250K vehicles because bearing can fail and cause engines to run poorly or stall
Honda is recalling nearly 250,000 vehicles in the U.S. because bearings can fail, causing the engines to stall and increasing the risk of a crash
2023-11-18 00:25
Dollar slips from 10-month high, helps yen but intervention watch continues
Dollar slips from 10-month high, helps yen but intervention watch continues
By Brigid Riley TOKYO The dollar pulled further back from a 10-month high against a basket of currencies
2023-09-29 13:51