Fed officials are pausing to see what they've done to the economy. It's unlikely they'll learn something new
What the Fed could possibly learn about the economy in six weeks that it doesn't already know?
2023-06-17 19:58
What the potential UPS strike could mean for your packages
A UPS strike by 185,000 workers 25 years ago brought the logistics giant's operations to a standstill. How bad could another one be for US retailers?
2023-06-17 19:23
Storms delay thousands of flights on busy Juneteenth weekend
As millions of Americans head to airports for the Juneteenth holiday weekend, many are facing serious travel headaches — including hundreds of flight cancellations and thousands of delays.
2023-06-17 06:24
LIV-PGA Tour deal probe urged by Rep. Maxine Waters and Sen. Sherrod Brown
In their letter to the US Treasury Department, Rep. Maxine Waters and Sen. Sherrod Brown said they were "deeply concerned" by the proposed deal, writing, "Saudi Arabia has a repressive government, known for chilling dissent, jailing dissidents, and enacting draconian punishments."
2023-06-17 03:25
Just for fun, Toyota is developing an EV with a manual transmission
For those who find electric cars a bit boring, Toyota engineers are working on a realistic-feeling fake manual transmission as a possible feature.
2023-06-17 02:24
Nexstar investigates after Michigan news station told to 'get both sides' of Pride event
Nexstar, the nation's largest operator of local TV stations, said Thursday it is conducting an investigation after a news director at a Michigan station told its journalists to scale back its Pride Month coverage and "get both sides" on LGBTQ issues, saying their "polarizing" nature had upset some of its conservative viewers.
2023-06-16 21:26
Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
2023-06-16 19:47
'Nothing to hide': AIIB will investigate claims of Chinese Communist Party control
A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regional development bank, citing explosive claims that the Chinese Communist Party had infiltrated the institution.
2023-06-16 18:46
Teamsters will likely authorize a UPS strike Friday
Members of the Teamsters union are almost certain to approve a massive strike at UPS in a vote concluding Friday. A prolonged work stoppage could severely damage the economy -- but a strike is still more than seven weeks away, if it happens at all.
2023-06-16 18:28
China's Xi greets 'old friend' Bill Gates in first meeting with a US business magnate in years
Bill Gates met with Xi Jinping on Friday, marking the Chinese leader's first known one-on-one meeting with a Western business figure in years after a new pledge from the Gates Foundation.
2023-06-16 16:20
Lawmakers wrangle over measures to address pilot shortage
A series of controversial proposals to address the airline pilot shortage is complicating Congress' consideration of a new slate of Federal Aviation Administration policies with one senator warning fellow lawmakers there will be blood on their hands if reduced pilot training causes a fatal accident.
2023-06-16 09:25
Janitors who lost jobs during WGA strike join picket line
Several hundred janitors marched to join writers on the picket line outside Sony Pictures and Amazon Studios Thursday, as some custodial staff have lost their jobs while productions are halted.
2023-06-16 08:46