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Stellantis puts Michigan plants in 'critical status' ahead of union talks
Stellantis puts Michigan plants in 'critical status' ahead of union talks
By Bianca Flowers Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly
2023-06-29 02:24
DoorDash is offering hourly pay to fix a problem with food orders
DoorDash is offering hourly pay to fix a problem with food orders
Some DoorDash drivers are fed up with the unpredictable delivery business: Some orders can take longer than expected due to circumstances outside of workers' control. The company said it has a solution.
2023-06-29 02:24
US public debt burden to rise to 181% of GDP by 2053, CBO projects
US public debt burden to rise to 181% of GDP by 2053, CBO projects
WASHINGTON The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office
2023-06-29 02:21
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
2023-06-29 02:18
BMO Capital Markets Cuts About 100 Jobs With Deals Drying Up
BMO Capital Markets Cuts About 100 Jobs With Deals Drying Up
Bank of Montreal’s capital markets unit is cutting about 100 positions, or 3.5% of the division’s staff, in
2023-06-29 01:58
Factbox - Financial firms line up spot bitcoin exchange-traded fund applications
Factbox - Financial firms line up spot bitcoin exchange-traded fund applications
Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by
2023-06-29 01:55
Cierto Tequila Becomes the First to Surpass Historic 700 Awards Milestone
Cierto Tequila Becomes the First to Surpass Historic 700 Awards Milestone
LOS ANGELES--(BUSINESS WIRE)--Jun 28, 2023--
2023-06-29 01:53
Activision CEO says gamers would 'revolt' if 'Call of Duty' were made exclusive
Activision CEO says gamers would 'revolt' if 'Call of Duty' were made exclusive
By Greg Bensinger and Diane Bartz SAN FRANCISCO (Reuters) -The chief executive of "Call of Duty" maker Activision Blizzard, Bobby
2023-06-29 01:49
NYC Faces Poor Air Quality as Smoke From Canada Fires Heads East
NYC Faces Poor Air Quality as Smoke From Canada Fires Heads East
New York City, Long Island and New Jersey have been hit with air-quality alerts as another plume of
2023-06-29 01:47
US announces charges in $2.5 billion healthcare fraud takedown
US announces charges in $2.5 billion healthcare fraud takedown
By Sarah N. Lynch WASHINGTON The U.S. Justice Department on Wednesday announced federal and local criminal charges targeting
2023-06-29 01:29
Bank of England's Bailey: We will see if markets are right on rates
Bank of England's Bailey: We will see if markets are right on rates
By Francesco Canepa and Balazs Koranyi SINTRA, Portugal (Reuters) -Bank of England (BoE) Governor Andrew Bailey said it remained to
2023-06-29 01:22
Bespoke Partners Promotes Ned Lanphier to Partner, Leader of Technology Executive Search Practice
Bespoke Partners Promotes Ned Lanphier to Partner, Leader of Technology Executive Search Practice
SAN DIEGO--(BUSINESS WIRE)--Jun 28, 2023--
2023-06-29 01:19
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