Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month,…
Category:
Business
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Workers at Mack Trucks have gone on strike Monday after rejecting a proposed contract between the company and the United Auto Workers union. The union released a letter on X, formerly known as Twitter, that…
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Business
More than 75,000 workers to strike at hundreds of Kaiser Permanente health facilities across U.S.
Workers at Kaiser Permanente — the nation’s largest health care nonprofit organization — began a strike Wednesday morning that is set to within hours see more than 75,000 union members walk out of hospitals and…
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Walmart says people who get weight loss drugs like Wegovy at its pharmacies are buying a bit less food at its stores. Walmart’s U.S. CEO, John Furner, told Bloomberg News that the company is seeing…
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Abercrombie & Fitch says it is investigating allegations that ex-CEO Mike Jeffries, who led the company for more than 20 years and defined its modern image, exploited men at sex parties he hosted. BBC News…
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Walk past any bank and you’ll likely see savings rates advertised in the window. That’s because, for the first time in many years, rates have climbed to 5% on some high-yield savings accounts. Much the…
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Two of Sam Bankman-Fried’s former friends from MIT, who also worked at crypto exchange FTX while living with the company co-founder in the Bahamas, took the stand in a Manhattan courtroom this week to testify against…
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In the housing market today, it feels like what goes up doesn’t have to come down. It looked like home prices were finally cooling off late last year after price spikes that began during the…
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The criminal cyberattack on MGM Resorts in Las Vegas last month resulted in the company’s losing around $100 million, it said in a filing Thursday evening with the Securities and Exchange Commission. The admission is…
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On day one of Sam Bankman-Fried’s criminal trial, Assistant U.S. Attorney Danielle Sassoon rattled off a lengthy list of potential witnesses who might be called to testify for either the government or the defense. The…