Browsing Category
Economy
U.S. manufacturing catches breath; supply logjam starting to break up
Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. REUTERS/Charles MostollerRegister now for FREE unlimited access to Reuters.comRegisterManufacturing activity…
US gas prices jump to record high $4.67 a gallon
The national average for regular gasoline climbed by five cents on Wednesday to a fresh record of $4.67 a gallon, according to AAA. That leaves gas prices up by 48 cents in the past month alone.It now costs 32% more to fill up your tank…
Fact check: Biden falsely claims US has ‘fastest-growing economy in the world’
"Look, here's where we are. We have the fastest-growing economy in the world. The world. The world," Biden said.Asked for comment on Friday, a White House official did not attempt to specifically defend Biden's claim that the US has the…
Economists Pin More Blame on Tech for Rising Inequality
Yet the technological shift evolved as growth in postsecondary education slowed and companies began spending less on training their workers. “When technology, education and training move together, you get shared prosperity,” said…
Shares on guard for U.S. inflation, earnings tests
People pass by an electronic screen showing Japan's Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei KatoRegister now for FREE unlimited access to Reuters.comRegisterAsian stock markets…
Live news: McDonald’s sales growth falls short after Covid lockdowns in China
Comcast posted higher than anticipated sales in the fourth quarter, bolstered in part by its NBCUniversal division, yet growth was modest in the biggest part of its business.Cable revenue rose 4.5 per cent in the final three-month period…
Quitting is just half the story: the truth behind the ‘Great Resignation’
2021 was the year of the “Great Resignation” – a year when workers quit their jobs at historic rates. According to some, the trend was driven by an economic and psychological shift as employers struggled – and often failed – to tempt…
Nancy Pelosi goes on lavish Italian vacation as inflation back home hits 40-year high
NEWYou can now listen to Fox News articles!
House Speaker Nancy Pelosi spent time during the two-week July Fourth congressional recess at a ritzy resort in Italy owned by a renowned Italian opera tenor, while Americans faced the…
Former U.S. Treasurer on the economy: ‘I’m much more optimistic about 2022’
Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If she's right, it could mean good news for businesses and shoppers."I'm much more optimistic about 2022 than I was about 2021,"…
Japan’s favourite snack falls victim to global inflation with first-ever price hike
One of Japan’s best-loved snacks is to go up in price – by a whopping 20% – for the first time since its launch more than four decades ago,But Umaibo – literally “delicious stick” – will still be a steal for schoolchildren at just ¥12…