Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:59
Taylor Swift, 'Barbie' and Beyoncé are unleashing the spending power of women
It's the summer of girl power, fueled by Beyoncé, Taylor Swift and "Barbie."
2023-08-10 02:23
The rise of gig workers is changing the face of the US economy
Labor market experts say the number of gig workers is growing, and their alternative working arrangements are rippling through the economy.
2023-07-25 01:49
'It comes up on you fast:' Scorching heat is crushing American businesses
A 119-degree day in Phoenix hits like a blast of hot air from the oven with no relief in sight, and for a business owner like Lyn Thomas, there's hardly any avoiding it.
2023-07-23 22:22
Europeans are still flocking to the scorching Mediterranean. But extreme heat could dent bookings in future
Spain and Italy may still be among the most popular destinations for Europeans to take their vacations, but there are signs scorching weather in southern Europe has started to change travelers' calculations on where to go in the future.
2023-07-21 21:50
A 10-day UPS strike could be the costliest in US history
A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions.
2023-07-14 19:54
Working from home could wipe $800 billion from office values globally
Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report.
2023-07-13 20:22
The US economy can't function smoothly without UPS. That's why a strike will hurt
The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.
2023-07-07 21:16
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:20
Will the I-95 collapse in Philadelphia hurt the economy? Look at other cities for answers
A section of northbound I-95 in Philadelphia collapsed Sunday after a tanker truck caught fire underneath the highway. The southbound side is also "compromised by heavy fire," city officials said Sunday.
2023-06-12 20:50
'The mother of all crises.' A US debt default would ricochet around the world
The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.
2023-05-26 22:17
How tornadoes, crypto and mudslides pushed up the debt default deadline
The so-called X-date, or the day the US government can no longer pay its bills, may be on an accelerated timeline because the federal government collected less money on Tax Day in April than it had anticipated.
2023-05-20 05:19